Is Norris, IL 61553 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Norris is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Norris housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Fulton County, IL

Population	303
Median income	$44,844
Average income	$55,840
Median home value	$63,100
Median rent	$863/month
Owner-occupied	87% of homes
Median year built	1953

Natural hazard riskExtreme heat (relatively high), tornadoes (relatively high), hail (relatively high)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 61553; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 61553

Prefilled for 61553Can I win this house?Multiple-offer likelihood for a listing Prefilled for 61553Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Astoria 61501Buyer’s market $107 /sq ft Avon 61415Seller’s market $147 /sq ft Canton 61520Seller’s market $85 /sq ft Cuba 61427Seller’s market $115 /sq ft Browse all markets →

Where Norris is

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Questions about Norris real estate

What are property taxes in Norris?

About 2.14% of a home’s value a year in Fulton County, or roughly $8,560 on a $400,000 home.

Local agents

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More tools for 61553

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Fulton County property taxes Fulton County loan limits Closing costs in Illinois Hottest ZIP codes in Illinois

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology