Morton Grove Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $299,900
    5% ( $15,200 ) vs May 2014
  • Median Sales Price
    $250,000
    2% ( $4,500 ) vs May 2014
  • Median Foreclosure Sales Price
    $210,000
    9% ( $17,250 ) vs May 2014
  • Foreclosures 77
    Homes for Sale 49
    Recently Sold 102

Market Summary

There are currently 77 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 49.

In June, the number of properties that received a foreclosure filing in Morton Grove, IL was 33% lower than the previous month and 60% lower than the same time last year.

Home sales for May 2015 were up 575% compared with the previous month, and up 0% compared with a year ago. The median sales price of a non-distressed home was $250,000. The median sales price of a foreclosure home was $210,000, or 16% lower than non-distressed home sales.

Sales Prices - Morton Grove, IL




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$210,000 (Median Foreclosure Sales Price) $192,750 (Median Foreclosure Sales Price) $184,750 (Median Foreclosure Sales Price) $179,500 (Median Foreclosure Sales Price) $187,000 (Median Foreclosure Sales Price) $206,000 (Median Foreclosure Sales Price) $250,000 (Median Sales Price) $254,500 (Median Sales Price) $238,000 (Median Sales Price) $248,250 (Median Sales Price) $248,250 (Median Sales Price) $253,500 (Median Sales Price) $210,000 (Median Foreclosure Sales Price) $192,750 (Median Foreclosure Sales Price) $184,750 (Median Foreclosure Sales Price) $179,500 (Median Foreclosure Sales Price) $187,000 (Median Foreclosure Sales Price) $206,000 (Median Foreclosure Sales Price) $250,000 (Median Sales Price) $254,500 (Median Sales Price) $238,000 (Median Sales Price) $248,250 (Median Sales Price) $248,250 (Median Sales Price) $253,500 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
2,591
29.0
% (y-o-y)
$276,500
0.5
% (y-o-y)
60.9%
65.8
% (y-o-y)
Des Plaines
88
26.7
% (y-o-y)
$171,000
8.9
% (y-o-y)
22.2%
39.2
% (y-o-y)
Evanston
84
42.5
% (y-o-y)
$315,000
0.0
% (y-o-y)
54.7%
28.6
% (y-o-y)
Mount Prospect
67
15.2
% (y-o-y)
$247,500
1.0
% (y-o-y)
12.1%
30.6
% (y-o-y)
Skokie
66
24.1
% (y-o-y)
$266,250
9.3
% (y-o-y)
24.9%
30.2
% (y-o-y)
Northbrook
60
5.3
% (y-o-y)
$435,000
25.7
% (y-o-y)
33.6%
19.1
% (y-o-y)
Glenview
48
12.7
% (y-o-y)
$418,750
2.4
% (y-o-y)
52.1%
42.4
% (y-o-y)
Park Ridge
38
36.7
% (y-o-y)
$365,000
1.4
% (y-o-y)
27.4%
7.2
% (y-o-y)
Wilmette
32
34.7
% (y-o-y)
$545,000
10.7
% (y-o-y)
Data not available
Winnetka
32
3.0
% (y-o-y)
$917,500
14.0
% (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: 6.30%
Percentage of vacant homes: 6.12%