Morton Grove Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $279,500
    9% ( $24,000 ) vs Apr 2014
  • Median Sales Price
    $254,500
    7% ( $16,500 ) vs Apr 2014
  • Median Foreclosure Sales Price
    $192,750
    4% ( $8,000 ) vs Apr 2014
  • Foreclosures 81
    Homes for Sale 42
    Recently Sold 147

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 42.

In May, the number of properties that received a foreclosure filing in Morton Grove, IL was 31% lower than the previous month and 47% lower than the same time last year.

Home sales for April 2015 were down 33% compared with the previous month, and down 86% compared with a year ago. The median sales price of a non-distressed home was $254,500. The median sales price of a foreclosure home was $192,750, or 24% lower than non-distressed home sales.

Sales Prices - Morton Grove, IL




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$192,750 (Median Foreclosure 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) $254,500 (Median 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) $192,750 (Median Foreclosure 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) $254,500 (Median 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)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
1,681
59.3
% (y-o-y)
$250,000
4.2
% (y-o-y)
61.2%
65.5
% (y-o-y)
Des Plaines
56
61.6
% (y-o-y)
$156,500
15.9
% (y-o-y)
2.6%
29.3
% (y-o-y)
Evanston
42
62.8
% (y-o-y)
$300,000
4.8
% (y-o-y)
60.0%
44.4
% (y-o-y)
Skokie
33
70.8
% (y-o-y)
$226,000
0.0
% (y-o-y)
14.4%
24.8
% (y-o-y)
Mount Prospect
31
57.5
% (y-o-y)
$225,000
7.8
% (y-o-y)
3.3%
30.3
% (y-o-y)
Northbrook
22
66.2
% (y-o-y)
$430,000
24.6
% (y-o-y)
32.2%
14.8
% (y-o-y)
Glenview
20
70.6
% (y-o-y)
$310,000
18.4
% (y-o-y)
48.4%
38.2
% (y-o-y)
Niles
18
47.1
% (y-o-y)
$215,000
2.3
% (y-o-y)
9.1%
9.1
% (y-o-y)
Park Ridge
16
74.6
% (y-o-y)
$306,000
13.8
% (y-o-y)
35.6%
20.4
% (y-o-y)
Wilmette
15
70.6
% (y-o-y)
$460,000
23.8
% (y-o-y)
Data not available

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: 6.20%
Percentage of vacant homes: 6.12%