Morton Grove Real Estate Market

Morton Grove Market

The median sale price for homes in Morton Grove over the last 12 months is $240,000.


The median mortgage debt is $172,786.

Additional Statistics for Single Family Homes and Condos in Morton Grove, IL
$241,630
Median Listing Price
72
Median Days on Market
138
Active Listings
22.5%
Distressed Listings
(foreclosures and short sales)
Morton Grove, IL Price Trends - Sold vs. Listed
The median list price in May for single family homes in Morton Grove is $299,000. The list prices increased by 2.39% from the previous month.

The median sale price in December for single family homes is $279,000. The sale prices increased by 32.85% from the previous month.

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Morton Grove, IL Market Inventory Trends

The number of active listings in Morton Grove dropped by 7% from the previous month.

The median number of days active properties have been listed is 59. This is significantly shorter than the national average.

The number of sales in December dropped by 28.6% from the previous month.

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Morton Grove, IL Property Ownership

The percent of unoccupied properties is very low in Morton Grove. It is -8.13% below the national average.

The percent of owner occupied properties in Morton Grove is 23.76% above the national average.

The percent of rental properties in Morton Grove is 12.83% below the national average.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.