Morton Grove Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $255,500
    10% ( $22,300 ) vs Mar 2014
  • Median Sales Price
    $238,000
    4% ( $10,250 ) vs Mar 2014
  • Median Foreclosure Sales Price
    $184,750
    3% ( $5,250 ) vs Mar 2014
  • Foreclosures 87
    Homes for Sale 43
    Recently Sold 170

Market Summary

There are currently 87 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 43.

In April, the number of properties that received a foreclosure filing in Morton Grove, IL was 48% lower than the previous month and 13% lower than the same time last year.

Home sales for March 2015 were down 73% compared with the previous month, and down 65% compared with a year ago. The median sales price of a non-distressed home was $238,000. The median sales price of a foreclosure home was $184,750, or 22% lower than non-distressed home sales.

Sales Prices - Morton Grove, IL




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$184,750 (Median Foreclosure Sales Price) $179,500 (Median Foreclosure Sales Price) $187,000 (Median Foreclosure Sales Price) $206,000 (Median Foreclosure Sales Price) $201,000 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $238,000 (Median Sales Price) $248,250 (Median Sales Price) $248,250 (Median Sales Price) $253,500 (Median Sales Price) $247,000 (Median Sales Price) $242,750 (Median Sales Price) $184,750 (Median Foreclosure Sales Price) $179,500 (Median Foreclosure Sales Price) $187,000 (Median Foreclosure Sales Price) $206,000 (Median Foreclosure Sales Price) $201,000 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $238,000 (Median Sales Price) $248,250 (Median Sales Price) $248,250 (Median Sales Price) $253,500 (Median Sales Price) $247,000 (Median Sales Price) $242,750 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
1,149
62.8
% (y-o-y)
$240,000
2.0
% (y-o-y)
59.2%
63.5
% (y-o-y)
Evanston
34
47.7
% (y-o-y)
$320,000
8.1
% (y-o-y)
61.7%
18.9
% (y-o-y)
Skokie
33
61.6
% (y-o-y)
$245,500
9.1
% (y-o-y)
16.5%
19.3
% (y-o-y)
Des Plaines
30
70.0
% (y-o-y)
$160,000
18.5
% (y-o-y)
Data not available
Mount Prospect
21
61.8
% (y-o-y)
$237,500
3.1
% (y-o-y)
26.7%
44.3
% (y-o-y)
Northbrook
18
66.7
% (y-o-y)
$425,000
21.4
% (y-o-y)
0.7%
17.1
% (y-o-y)
Glenview
14
58.8
% (y-o-y)
$275,500
28.9
% (y-o-y)
19.4%
22.6
% (y-o-y)
Harwood Heights
12
55.6
% (y-o-y)
$247,000
5.6
% (y-o-y)
20.0%
18.4
% (y-o-y)
Park Ridge
12
67.6
% (y-o-y)
$351,500
4.9
% (y-o-y)
35.6%
33.6
% (y-o-y)
Niles
11
59.3
% (y-o-y)
$229,500
4.2
% (y-o-y)
14.8%
10.3
% (y-o-y)

Local Info For Morton Grove

Population:
22,868
Cost of Living Index: 122.95
Crime Index: 33.44     Rating: A- View crime details
Schools: 5    Average School Rating: A- View individual school rating
Household Median Income: $70,859
Unemployment: 6.60%
Percentage of vacant homes: 6.12%