Morton Grove Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $354,900
    0% ( $0 ) vs Mar 2015
  • Median Sales Price
    $240,000
    2% ( $4,000 ) vs Mar 2015
  • Median Foreclosure Sales Price
    $152,500
    1% ( $1,200 ) vs Mar 2015
  • Foreclosures 85
    Homes for Sale 39
    Recently Sold 210

Market Summary

There are currently 85 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 April, the number of properties that received a foreclosure filing in Morton Grove, IL was 120% higher than the previous month and 15% lower than the same time last year.

Home sales for March 2016 were up 46% compared with the previous month, and up 217% compared with a year ago. The median sales price of a non-distressed home was $240,000. The median sales price of a foreclosure home was $152,500, or 36% lower than non-distressed home sales.

Sales Prices - Morton Grove, IL




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$152,500 (Median Foreclosure 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) $240,000 (Median 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) $152,500 (Median Foreclosure 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) $240,000 (Median 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)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
3,166
175.5
% (y-o-y)
$247,000
2.9
% (y-o-y)
62.3%
59.2
% (y-o-y)
Des Plaines
73
143.3
% (y-o-y)
$182,500
14.1
% (y-o-y)
48.2%
18.8
% (y-o-y)
Evanston
63
85.3
% (y-o-y)
$317,250
0.9
% (y-o-y)
52.1%
61.7
% (y-o-y)
Mount Prospect
57
171.4
% (y-o-y)
$270,000
13.7
% (y-o-y)
48.0%
26.7
% (y-o-y)
Skokie
50
51.5
% (y-o-y)
$277,000
12.8
% (y-o-y)
26.1%
16.5
% (y-o-y)
Glenview
48
242.9
% (y-o-y)
$349,500
26.9
% (y-o-y)
19.9%
19.4
% (y-o-y)
Northbrook
46
155.6
% (y-o-y)
$408,000
4.0
% (y-o-y)
29.0%
0.7
% (y-o-y)
Park Ridge
42
250.0
% (y-o-y)
$352,000
0.1
% (y-o-y)
Data not available
Wilmette
24
200.0
% (y-o-y)
$657,500
24.3
% (y-o-y)
30.0%
0.0
% (y-o-y)
Harwood Heights
24
100.0
% (y-o-y)
$236,000
4.5
% (y-o-y)
Data not available

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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