Morton Grove Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $299,000
    0% ( $900 ) vs Jun 2014
  • Median Sales Price
    $251,500
    1% ( $1,500 ) vs Jun 2014
  • Median Foreclosure Sales Price
    $210,000
    0% ( $0 ) vs Jun 2014
  • Foreclosures 81
    Homes for Sale 47
    Recently Sold 75

Market Summary

There are currently 81 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 47.

In July, the number of properties that received a foreclosure filing in Morton Grove, IL was 133% higher than the previous month and 27% higher than the same time last year.

Home sales for June 2015 were down 37% compared with the previous month, and down 11% compared with a year ago. The median sales price of a non-distressed home was $251,500. The median sales price of a foreclosure home was $210,000, or 17% lower than non-distressed home sales.

Sales Prices - Morton Grove, IL




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$210,000 (Median Foreclosure Sales Price) $210,000 (Median Foreclosure Sales Price) $192,750 (Median Foreclosure Sales Price) $184,750 (Median Foreclosure Sales Price) $179,500 (Median Foreclosure Sales Price) $187,000 (Median Foreclosure Sales Price) $251,500 (Median Sales Price) $250,000 (Median Sales Price) $254,500 (Median Sales Price) $238,000 (Median Sales Price) $248,250 (Median Sales Price) $248,250 (Median Sales Price) $210,000 (Median Foreclosure Sales Price) $210,000 (Median Foreclosure Sales Price) $192,750 (Median Foreclosure Sales Price) $184,750 (Median Foreclosure Sales Price) $179,500 (Median Foreclosure Sales Price) $187,000 (Median Foreclosure Sales Price) $251,500 (Median Sales Price) $250,000 (Median Sales Price) $254,500 (Median Sales Price) $238,000 (Median Sales Price) $248,250 (Median Sales Price) $248,250 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
1,949
23.9
% (y-o-y)
$290,500
0.2
% (y-o-y)
62.7%
66.9
% (y-o-y)
Des Plaines
64
37.9
% (y-o-y)
$180,000
9.1
% (y-o-y)
31.0%
29.1
% (y-o-y)
Skokie
42
41.7
% (y-o-y)
$275,000
18.3
% (y-o-y)
27.3%
23.4
% (y-o-y)
Mount Prospect
39
22.0
% (y-o-y)
$260,000
4.4
% (y-o-y)
14.8%
27.7
% (y-o-y)
Evanston
38
52.5
% (y-o-y)
$315,000
2.6
% (y-o-y)
41.0%
29.7
% (y-o-y)
Northbrook
36
40.0
% (y-o-y)
$435,000
13.0
% (y-o-y)
35.9%
32.5
% (y-o-y)
Glenview
31
44.6
% (y-o-y)
$450,000
3.4
% (y-o-y)
44.3%
46.9
% (y-o-y)
Park Ridge
27
32.5
% (y-o-y)
$365,000
4.3
% (y-o-y)
Data not available
Niles
21
32.3
% (y-o-y)
$230,000
6.0
% (y-o-y)
15.2%
35.3
% (y-o-y)
Wilmette
18
51.4
% (y-o-y)
$561,000
15.9
% (y-o-y)
3.3%
0.7
% (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: 6.50%
Percentage of vacant homes: 6.12%