Morton Grove Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $354,900
    8% ( $25,900 ) vs Feb 2015
  • Median Sales Price
    $236,000
    2% ( $5,500 ) vs Feb 2015
  • Median Foreclosure Sales Price
    $151,300
    5% ( $7,800 ) vs Feb 2015
  • Foreclosures 79
    Homes for Sale 39
    Recently Sold 272

Market Summary

There are currently 79 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 39.

In March, the number of properties that received a foreclosure filing in Morton Grove, IL was 71% lower than the previous month and 80% lower than the same time last year.

Home sales for February 2016 were up 0% compared with the previous month, and down 41% compared with a year ago. The median sales price of a non-distressed home was $236,000. The median sales price of a foreclosure home was $151,300, or 36% lower than non-distressed home sales.

Sales Prices - Morton Grove, IL




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$151,300 (Median Foreclosure Sales Price) $143,500 (Median Foreclosure Sales Price) $166,000 (Median Foreclosure Sales Price) $243,000 (Median Foreclosure Sales Price) $215,000 (Median Foreclosure Sales Price) $197,000 (Median Foreclosure Sales Price) $236,000 (Median Sales Price) $230,500 (Median Sales Price) $231,000 (Median Sales Price) $200,000 (Median Sales Price) $0 (Median Sales Price) $0 (Median Sales Price) $151,300 (Median Foreclosure Sales Price) $143,500 (Median Foreclosure Sales Price) $166,000 (Median Foreclosure Sales Price) $243,000 (Median Foreclosure Sales Price) $215,000 (Median Foreclosure Sales Price) $197,000 (Median Foreclosure Sales Price) $236,000 (Median Sales Price) $230,500 (Median Sales Price) $231,000 (Median Sales Price) $200,000 (Median Sales Price) $0 (Median Sales Price) $0 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
2,661
48.5
% (y-o-y)
$245,000
0.0
% (y-o-y)
59.6%
60.8
% (y-o-y)
Des Plaines
102
54.5
% (y-o-y)
$162,500
9.7
% (y-o-y)
44.0%
4.2
% (y-o-y)
Skokie
80
37.9
% (y-o-y)
$295,000
15.2
% (y-o-y)
30.6%
20.9
% (y-o-y)
Evanston
59
59.5
% (y-o-y)
$322,250
7.4
% (y-o-y)
56.2%
61.7
% (y-o-y)
Mount Prospect
51
50.0
% (y-o-y)
$275,000
9.6
% (y-o-y)
38.2%
35.3
% (y-o-y)
Park Ridge
42
40.0
% (y-o-y)
$353,500
3.2
% (y-o-y)
Data not available
Northbrook
40
0.0
% (y-o-y)
$477,500
17.9
% (y-o-y)
50.6%
7.5
% (y-o-y)
Glenview
33
32.0
% (y-o-y)
$351,000
6.4
% (y-o-y)
24.3%
41.6
% (y-o-y)
Harwood Heights
30
200.0
% (y-o-y)
$245,000
0.7
% (y-o-y)
10.2%
20.0
% (y-o-y)
Wilmette
28
64.7
% (y-o-y)
$640,000
21.0
% (y-o-y)
40.6%
0.0
% (y-o-y)

Local Info For Morton Grove

Population:
22,868
Cost of Living Index: 122.95
Crime Index: 53.46     Rating: B+ View crime details
Schools: 5    Average School Rating: A- View individual school rating
Household Median Income: $70,859
Unemployment: 6.80%
Percentage of vacant homes: 6.12%

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