The story of this market
The typical home in ZIP 61553 sells for about $145,000, or $98 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 62 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $863 a month.
ZIP 61553 — Norris
The housing market in 61553 is characterized by low inventory and stable, modest price appreciation consistent with rural Illinois trends. Demand remains steady among local buyers, though the limited sales volume reflects the small size of the community and its reliance on regional employment hubs.
This ZIP is best suited for families and individuals seeking a quiet, rural lifestyle with affordable housing costs, provided they are comfortable with a longer commute to major employment centers.
Median prices moved up 2.1% year over year.
Homes spend a median of 62 days on market with 4.2 months of supply — a balanced-paced market.
15% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 17.3% · poverty 19.8% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 61553, Fulton County IL
Crime rates in the Norris area are generally low and consistent with rural Fulton County trends, remaining significantly below the national average.
Schools serving the area are part of the Canton Union School District 66, which provides standard public education services for the rural community.
The area is primarily at risk for localized flooding near the Spoon River and typical Midwestern severe weather events; insurance premiums are stable but reflect regional hazard profiles.
Economic momentum is modest, driven largely by agricultural operations and proximity to employment hubs in Canton and Peoria.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Illinois) — Property Tax Assessment (Fair Cash Value): Property is assessed at 33 1/3% of its fair cash value. The tax bill is calculated by multiplying the equalized assessed value (EAV) by the aggregate tax rate of the local taxing districts.
Commuting is primarily car-dependent, with residents typically driving 15-20 minutes to reach employment centers in Canton or approximately 45 minutes to Peoria.
Recreational opportunities include proximity to the Spoon River for outdoor activities and local community parks, with limited commercial shopping options within the immediate 3-mile radius.
The rental market is limited in depth, consisting mostly of single-family homes with low turnover and minimal investor-driven short-term rental activity.
The local economy is anchored by agriculture and small-scale local services, with many residents commuting to larger industrial and healthcare employers in the Peoria metro area.
Transportation is entirely reliant on private vehicles, with access to Illinois Route 78 serving as the primary corridor for regional travel.
There are no major large-scale commercial or residential developments currently approved or under construction within the ZIP code.
The Fulton County Supervisor of Assessments manages property valuations, which are updated periodically to reflect market changes and state-mandated equalization factors.
Parcels are subject to levies from the Canton Union School District 66, Fulton County, and local township and fire protection districts.
Property insurance remains available, though premiums are influenced by the regional risk of severe storms and wind damage common to Central Illinois.
Illinois is a judicial foreclosure state, requiring court intervention for the foreclosure process, which typically extends the timeline for completion.
Illinois law requires sellers to provide a Residential Real Property Disclosure Report, detailing the condition of the property's major systems and known defects.
Data retrieved from data.census.gov using ZCTA 61553 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Aura Haunted House4.919.4 mi
- Joe's Place | Norris, IL4.60.2 mi
- Banner Marsh State Fish and Wildlife Area4.511.3 mi
- Reed's Park4.75.2 mi
- Lakeland Park4.73.6 mi
- Linn Lanes Inc4.45.5 mi
- Big Creek Park4.64 mi
- Banner Marsh State Fish and Wildlife Area4.511.3 mi
- Reed's Park4.75.2 mi
- Lakeland Park4.73.6 mi
- Fulton County Camping & Rec Area4.311.6 mi
- Wallace Park4.45.2 mi
- Hy-Vee Grocery Store4.34.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides local opportunities for fishing and outdoor recreation.
Small local park serving the immediate residential area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.