Morton Grove Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $239,900
    0% ( $0 ) vs Feb 2013
  • Median Sales Price
    $229,000
    0% ( $0 ) vs Feb 2013
  • Median Foreclosure Sales Price
    $274,000
    15% ( $36,000 ) vs Feb 2013
  • Foreclosures 186
    Homes for Sale 39
    Recently Sold 333

Market Summary

There are currently 186 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 50% higher than the previous month and 34% lower than the same time last year.

Home sales for February 2014 were down 8% compared with the previous month, and down 12% compared with a year ago. The median sales price of a non-distressed home was $229,000. The median sales price of a foreclosure home was $274,000, or 20% higher than non-distressed home sales.

Sales Prices - Morton Grove, IL




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$274,000 (Median Foreclosure Sales Price) $238,000 (Median Foreclosure Sales Price) $218,250 (Median Foreclosure Sales Price) $223,250 (Median Foreclosure Sales Price) $219,500 (Median Foreclosure Sales Price) $216,000 (Median Foreclosure Sales Price) $229,000 (Median Sales Price) $229,000 (Median Sales Price) $275,000 (Median Sales Price) $255,000 (Median Sales Price) $255,000 (Median Sales Price) $245,000 (Median Sales Price) $274,000 (Median Foreclosure Sales Price) $238,000 (Median Foreclosure Sales Price) $218,250 (Median Foreclosure Sales Price) $223,250 (Median Foreclosure Sales Price) $219,500 (Median Foreclosure Sales Price) $216,000 (Median Foreclosure Sales Price) $229,000 (Median Sales Price) $229,000 (Median Sales Price) $275,000 (Median Sales Price) $255,000 (Median Sales Price) $255,000 (Median Sales Price) $245,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
2,553
10.1
% (y-o-y)
$250,000
16.0
% (y-o-y)
64.6%
63.8
% (y-o-y)
Des Plaines
105
8.7
% (y-o-y)
$140,000
13.8
% (y-o-y)
16.8%
39.8
% (y-o-y)
Evanston
75
8.7
% (y-o-y)
$329,000
17.5
% (y-o-y)
21.3%
55.4
% (y-o-y)
Skokie
65
3.2
% (y-o-y)
$226,750
29.6
% (y-o-y)
11.1%
6.4
% (y-o-y)
Mount Prospect
51
18.6
% (y-o-y)
$250,000
19.0
% (y-o-y)
31.4%
59.5
% (y-o-y)
Northbrook
50
6.4
% (y-o-y)
$382,000
17.5
% (y-o-y)
16.7%
29.4
% (y-o-y)
Park Ridge
46
9.5
% (y-o-y)
$348,000
12.3
% (y-o-y)
33.9%
33.1
% (y-o-y)
Glenview
38
15.6
% (y-o-y)
$399,000
27.1
% (y-o-y)
41.1%
32.0
% (y-o-y)
Niles
32
77.8
% (y-o-y)
$230,000
5.7
% (y-o-y)
5.9%
23.7
% (y-o-y)
Wilmette
27
28.6
% (y-o-y)
$577,000
21.5
% (y-o-y)
Data not available

Local Info For Morton Grove

Population:
22,868
Cost of Living Index: 122.95
Crime Index: 17.50     Rating: A View crime details
Schools: 5    Average School Rating: A- View individual school rating
Household Median Income: $70,859
Unemployment: 8.60%
Percentage of vacant homes: 6.12%