Morton Grove Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $269,000
    1% ( $2,950 ) vs Sep 2013
  • Median Sales Price
    $249,000
    9% ( $26,000 ) vs Sep 2013
  • Median Foreclosure Sales Price
    $200,500
    0% ( $500 ) vs Sep 2013
  • Foreclosures 132
    Homes for Sale 28
    Recently Sold 313

Market Summary

There are currently 132 properties in Morton Grove, IL that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 28.

In October, the number of properties that received a foreclosure filing in Morton Grove, IL was 88% higher than the previous month and 42% lower than the same time last year.

Home sales for September 2014 were up 66% compared with the previous month, and down 23% compared with a year ago. The median sales price of a non-distressed home was $249,000. The median sales price of a foreclosure home was $200,500, or 19% lower than non-distressed home sales.

Sales Prices - Morton Grove, IL




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$200,500 (Median Foreclosure Sales Price) $200,000 (Median Foreclosure Sales Price) $219,500 (Median Foreclosure Sales Price) $220,000 (Median Foreclosure Sales Price) $245,000 (Median Foreclosure Sales Price) $251,500 (Median Foreclosure Sales Price) $249,000 (Median Sales Price) $275,000 (Median Sales Price) $275,000 (Median Sales Price) $242,500 (Median Sales Price) $220,000 (Median Sales Price) $205,000 (Median Sales Price) $200,500 (Median Foreclosure Sales Price) $200,000 (Median Foreclosure Sales Price) $219,500 (Median Foreclosure Sales Price) $220,000 (Median Foreclosure Sales Price) $245,000 (Median Foreclosure Sales Price) $251,500 (Median Foreclosure Sales Price) $249,000 (Median Sales Price) $275,000 (Median Sales Price) $275,000 (Median Sales Price) $242,500 (Median Sales Price) $220,000 (Median Sales Price) $205,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
4,445
3.5
% (y-o-y)
$290,000
5.8
% (y-o-y)
65.5%
67.7
% (y-o-y)
Evanston
153
18.6
% (y-o-y)
$355,000
9.2
% (y-o-y)
53.8%
43.1
% (y-o-y)
Des Plaines
127
19.6
% (y-o-y)
$190,000
8.6
% (y-o-y)
18.4%
40.3
% (y-o-y)
Skokie
112
1.8
% (y-o-y)
$275,500
14.8
% (y-o-y)
27.2%
29.4
% (y-o-y)
Northbrook
107
40.8
% (y-o-y)
$434,000
1.5
% (y-o-y)
Data not available
Glenview
87
7.4
% (y-o-y)
$361,500
13.0
% (y-o-y)
Data not available
Mount Prospect
76
17.4
% (y-o-y)
$262,250
8.8
% (y-o-y)
46.6%
37.6
% (y-o-y)
Wilmette
75
59.6
% (y-o-y)
$640,750
0.7
% (y-o-y)
20.5%
33.3
% (y-o-y)
Park Ridge
68
33.3
% (y-o-y)
$382,500
13.5
% (y-o-y)
20.3%
17.1
% (y-o-y)
Niles
62
31.9
% (y-o-y)
$244,000
3.8
% (y-o-y)
15.9%
48.1
% (y-o-y)

Local Info For Morton Grove

Population:
22,868
Cost of Living Index: 122.95
Crime Index: 17.50     Rating: A View crime details
Schools: 5    Average School Rating: A- View individual school rating
Household Median Income: $70,859
Unemployment: 6.50%
Percentage of vacant homes: 6.12%