Morton Grove Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $264,450
    5% ( $12,500 ) vs Dec 2013
  • Median Sales Price
    $250,000
    1% ( $3,250 ) vs Dec 2013
  • Median Foreclosure Sales Price
    $206,000
    2% ( $5,000 ) vs Dec 2013
  • Foreclosures 107
    Homes for Sale 32
    Recently Sold 230

Market Summary

There are currently 107 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 32.

In January, the number of properties that received a foreclosure filing in Morton Grove, IL was 53% lower than the previous month and 64% lower than the same time last year.

Home sales for December 2014 were down 100% compared with the previous month, and down 100% compared with a year ago. The median sales price of a non-distressed home was $250,000. The median sales price of a foreclosure home was $206,000, or 18% lower than non-distressed home sales.

Sales Prices - Morton Grove, IL




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$206,000 (Median Foreclosure Sales Price) $201,000 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $200,500 (Median Foreclosure Sales Price) $200,000 (Median Foreclosure Sales Price) $219,500 (Median Foreclosure Sales Price) $250,000 (Median Sales Price) $246,750 (Median Sales Price) $242,500 (Median Sales Price) $249,000 (Median Sales Price) $275,000 (Median Sales Price) $275,000 (Median Sales Price) $206,000 (Median Foreclosure Sales Price) $201,000 (Median Foreclosure Sales Price) $0 (Median Foreclosure Sales Price) $200,500 (Median Foreclosure Sales Price) $200,000 (Median Foreclosure Sales Price) $219,500 (Median Foreclosure Sales Price) $250,000 (Median Sales Price) $246,750 (Median Sales Price) $242,500 (Median Sales Price) $249,000 (Median Sales Price) $275,000 (Median Sales Price) $275,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
618
81.0
% (y-o-y)
$260,000
1.6
% (y-o-y)
63.8%
64.8
% (y-o-y)
Des Plaines
18
83.9
% (y-o-y)
$168,000
4.7
% (y-o-y)
37.5%
29.0
% (y-o-y)
Skokie
15
85.1
% (y-o-y)
$265,000
12.8
% (y-o-y)
32.5%
14.3
% (y-o-y)
Northbrook
9
83.3
% (y-o-y)
$495,500
30.4
% (y-o-y)
33.1%
21.1
% (y-o-y)
Glenview
8
80.0
% (y-o-y)
$335,000
8.2
% (y-o-y)
23.7%
35.6
% (y-o-y)
Mount Prospect
7
89.2
% (y-o-y)
$274,250
11.9
% (y-o-y)
53.1%
43.2
% (y-o-y)
Niles
7
79.4
% (y-o-y)
$225,000
3.0
% (y-o-y)
32.4%
18.1
% (y-o-y)
Evanston
3
97.7
% (y-o-y)
$330,000
9.6
% (y-o-y)
33.3%
42.5
% (y-o-y)
Park Ridge
3
94.7
% (y-o-y)
$326,000
5.8
% (y-o-y)
Data not available
Schiller Park
3
66.7
% (y-o-y)
$133,500
16.6
% (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: 6.00%
Percentage of vacant homes: 6.12%