Morton Grove Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $263,950
    10% ( $23,050 ) vs May 2013
  • Median Sales Price
    $220,000
    7% ( $15,000 ) vs May 2013
  • Median Foreclosure Sales Price
    $245,000
    3% ( $6,500 ) vs May 2013
  • Foreclosures 150
    Homes for Sale 56
    Recently Sold 251

Market Summary

There are currently 150 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 56.

In June, the number of properties that received a foreclosure filing in Morton Grove, IL was 12% lower than the previous month and 21% lower than the same time last year.

Home sales for May 2014 were down 7% compared with the previous month, and up 4% compared with a year ago. The median sales price of a non-distressed home was $220,000. The median sales price of a foreclosure home was $245,000, or 11% higher than non-distressed home sales.

Sales Prices - Morton Grove, IL


  • Foreclosure Discount
    NOT AVAILABLE


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$245,000 (Median Foreclosure Sales Price) $251,500 (Median Foreclosure Sales Price) $259,750 (Median Foreclosure Sales Price) $274,000 (Median Foreclosure Sales Price) $238,000 (Median Foreclosure Sales Price) $218,250 (Median Foreclosure Sales Price) $220,000 (Median Sales Price) $205,000 (Median Sales Price) $202,000 (Median Sales Price) $229,000 (Median Sales Price) $229,000 (Median Sales Price) $275,000 (Median Sales Price) $245,000 (Median Foreclosure Sales Price) $251,500 (Median Foreclosure Sales Price) $259,750 (Median Foreclosure Sales Price) $274,000 (Median Foreclosure Sales Price) $238,000 (Median Foreclosure Sales Price) $218,250 (Median Foreclosure Sales Price) $220,000 (Median Sales Price) $205,000 (Median Sales Price) $202,000 (Median Sales Price) $229,000 (Median Sales Price) $229,000 (Median Sales Price) $275,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
3,647
16.7
% (y-o-y)
$277,000
13.5
% (y-o-y)
65.7%
68.0
% (y-o-y)
Evanston
146
15.0
% (y-o-y)
$315,000
4.5
% (y-o-y)
28.6%
67.7
% (y-o-y)
Des Plaines
120
9.1
% (y-o-y)
$158,750
8.0
% (y-o-y)
39.8%
12.4
% (y-o-y)
Skokie
87
1.2
% (y-o-y)
$243,500
6.8
% (y-o-y)
30.2%
37.8
% (y-o-y)
Mount Prospect
79
0.0
% (y-o-y)
$245,000
14.0
% (y-o-y)
30.6%
20.9
% (y-o-y)
Park Ridge
60
1.6
% (y-o-y)
$370,000
15.4
% (y-o-y)
7.2%
25.9
% (y-o-y)
Northbrook
57
23.0
% (y-o-y)
$346,000
3.9
% (y-o-y)
19.1%
35.0
% (y-o-y)
Glenview
55
27.6
% (y-o-y)
$429,000
30.8
% (y-o-y)
42.4%
36.7
% (y-o-y)
Wilmette
49
16.7
% (y-o-y)
$610,000
23.2
% (y-o-y)
32.7%
29.5
% (y-o-y)
Niles
35
30.0
% (y-o-y)
$220,000
21.7
% (y-o-y)
20.5%
1.2
% (y-o-y)

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: 7.70%
Percentage of vacant homes: 6.12%