Morton Grove Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $276,950
    1% ( $3,050 ) vs Nov 2013
  • Median Sales Price
    $246,750
    2% ( $4,250 ) vs Nov 2013
  • Median Foreclosure Sales Price
    $201,000
    0% ( $0 ) vs Nov 2013
  • Foreclosures 126
    Homes for Sale 31
    Recently Sold 273

Market Summary

There are currently 126 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 31.

In December, the number of properties that received a foreclosure filing in Morton Grove, IL was 111% higher than the previous month and 27% higher than the same time last year.

Home sales for November 2014 were down 67% compared with the previous month, and down 25% compared with a year ago. The median sales price of a non-distressed home was $246,750. The median sales price of a foreclosure home was $201,000, or 19% lower than non-distressed home sales.

Sales Prices - Morton Grove, IL




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$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) $220,000 (Median Foreclosure 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) $242,500 (Median 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) $220,000 (Median Foreclosure 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) $242,500 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
2,098
30.9
% (y-o-y)
$272,500
4.8
% (y-o-y)
65.1%
65.4
% (y-o-y)
Des Plaines
88
17.0
% (y-o-y)
$178,000
7.9
% (y-o-y)
41.3%
25.3
% (y-o-y)
Evanston
76
20.8
% (y-o-y)
$355,000
7.7
% (y-o-y)
48.6%
36.3
% (y-o-y)
Skokie
62
23.5
% (y-o-y)
$270,750
16.0
% (y-o-y)
27.0%
27.2
% (y-o-y)
Mount Prospect
54
28.9
% (y-o-y)
$269,500
10.0
% (y-o-y)
35.1%
43.7
% (y-o-y)
Park Ridge
48
17.2
% (y-o-y)
$340,000
0.4
% (y-o-y)
Data not available
Glenview
43
15.7
% (y-o-y)
$350,000
5.5
% (y-o-y)
8.9%
36.6
% (y-o-y)
Northbrook
41
31.7
% (y-o-y)
$453,000
14.0
% (y-o-y)
25.8%
35.8
% (y-o-y)
Niles
28
20.0
% (y-o-y)
$230,000
3.0
% (y-o-y)
40.0%
17.1
% (y-o-y)
Wilmette
28
9.7
% (y-o-y)
$651,250
24.6
% (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%