Morton Grove Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $281,450
    3% ( $6,950 ) vs Jul 2013
  • Median Sales Price
    $275,000
    13% ( $32,500 ) vs Jul 2013
  • Median Foreclosure Sales Price
    $219,500
    0% ( $500 ) vs Jul 2013
  • Foreclosures 139
    Homes for Sale 45
    Recently Sold 260

Market Summary

There are currently 139 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 45.

In August, the number of properties that received a foreclosure filing in Morton Grove, IL was 45% higher than the previous month and 27% lower than the same time last year.

Home sales for July 2014 were up 53% compared with the previous month, and down 42% compared with a year ago. The median sales price of a non-distressed home was $275,000. The median sales price of a foreclosure home was $219,500, or 20% lower than non-distressed home sales.

Sales Prices - Morton Grove, IL




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$219,500 (Median Foreclosure Sales Price) $220,000 (Median Foreclosure Sales Price) $245,000 (Median Foreclosure Sales Price) $251,500 (Median Foreclosure Sales Price) $259,750 (Median Foreclosure Sales Price) $274,000 (Median Foreclosure Sales Price) $275,000 (Median Sales Price) $242,500 (Median Sales Price) $220,000 (Median Sales Price) $205,000 (Median Sales Price) $202,000 (Median Sales Price) $229,000 (Median 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) $259,750 (Median Foreclosure Sales Price) $274,000 (Median Foreclosure Sales Price) $275,000 (Median Sales Price) $242,500 (Median Sales Price) $220,000 (Median Sales Price) $205,000 (Median Sales Price) $202,000 (Median Sales Price) $229,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
2,412
56.8
% (y-o-y)
$290,000
5.5
% (y-o-y)
67.2%
69.8
% (y-o-y)
Des Plaines
70
62.2
% (y-o-y)
$177,500
7.6
% (y-o-y)
12.7%
29.8
% (y-o-y)
Evanston
68
59.8
% (y-o-y)
$326,000
10.7
% (y-o-y)
52.1%
65.5
% (y-o-y)
Skokie
59
58.5
% (y-o-y)
$241,000
5.2
% (y-o-y)
21.2%
36.7
% (y-o-y)
Park Ridge
53
53.9
% (y-o-y)
$335,000
1.5
% (y-o-y)
Data not available
Mount Prospect
46
66.7
% (y-o-y)
$250,000
2.0
% (y-o-y)
44.0%
42.3
% (y-o-y)
Northbrook
39
62.1
% (y-o-y)
$420,000
5.0
% (y-o-y)
48.0%
28.8
% (y-o-y)
Glenview
37
70.6
% (y-o-y)
$429,500
5.5
% (y-o-y)
36.0%
39.8
% (y-o-y)
Wilmette
30
69.1
% (y-o-y)
$625,000
4.1
% (y-o-y)
Data not available
Niles
26
55.2
% (y-o-y)
$220,000
5.0
% (y-o-y)
23.9%
12.6
% (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: 7.20%
Percentage of vacant homes: 6.12%