Morton Grove, IL Home Values & Market Trends
Real estate market trends reflect that there have been 361 transactions over the past year in Morton Grove. The median value for residential home transactions that occurred over the previous year is $370,195.17. The number of current listings in Morton Grove is 2, and the percentage of properties for sale in the city is 2.00%. Morton Grove, IL currently has 33 properties in foreclosure, 0 bank owned properties, 5 properties headed for auction, and 2 properties for sale.
Morton Grove, IL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 60053 | $ 254,009 $ 265/sqft |
Housing Market Summary for Morton Grove, IL
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $222.4K | $370K | 66.32% |
| Median Sold Price | $375K | $370K | -1.34% |
| Homes For Sale | 8 | 3 | -62.50% |
| Homes Sold | 235 | 219 | -6.81% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Morton Grove, IL
Browse Homes in Morton Grove, IL
Morton Grove home values range from $80,363 to $2,574,090. The median estimated value of a home in Morton Grove is $370,195.17. The median list price of a home is 199,450, and the total count of properties in the city is 9,624.
- Pre-ForeclosurePre-foreclosure homes account for 0.29% of all residential properties in Morton Grove, IL with 60053 containing 28 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Morton Grove, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $687,645 in 60053 to the lowest home value of $144,676 in 60053.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Morton Grove, IL ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Morton Grove, IL. There is 1 zips within Morton Grove, IL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions60053 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of Morton Grove, IL. Auction homes and other auction properties account for 0.05% of all properties in Morton Grove, IL. There is 1 zips within Morton Grove, IL; of that zips, the median estimated home value for homes going to auction ranges from $823,335 in 60053 to the lowest value of $240,594 in 60053.
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