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Morton Grove, IL Real Estate & Property Data

Morton Grove Real Estate Market Trends

Last Updated: May 02, 2024

Accurate and comprehensive real estate data is critical for insight into Morton Grove, IL. ATTOM’s Morton Grove real estate data is updated daily, and current market trends show that in Morton Grove, IL a total of 336 residential properties have sold over the past year. With a median home price of $437,500 in Morton Grove and a total of 1 foreclosures. Get detailed property data for Morton Grove, IL instantly. ATTOM is your one-stop-shop for the Morton Grove property reports and real estate data you need in Morton Grove, IL.

Morton Grove Real Estate Market Trends

Get property data for any address in Morton Grove, IL or the country:

Total Residential Properties 9,634

Total Commercial Properties 387

Avg. Home Age (Single Family Home) 65 Years

Avg. Square Feet (Single Family Home) 1,564

Total 2024 Residential Sales (year-to-date) 63

% of Homes Seriously Underwater (Q2 2024) 1.14%

Total 2023 Residential Sales 311

% of Equity Rich Homes (Q2 2024) 35.92%

Effective 2023 Property Tax 1.93%

Total Foreclosure Filings (year-to-date) 2

Morton Grove, IL Real Estate Overview

There were 336 residential properties sold in the past year in Morton Grove, IL. The median home value in Morton Grove, IL is $370,058. There are a total of 9,634 residential properties in the Morton Grove.

Median Sales Price i

$437,500

(Mar 2024)

+9.4%

year-over-year

y-o-y

March '24 Mar '24 $437,500
February '24 Feb '24 $412,750
January '24 Jan '24 $539,000
December '23 Dec '23 $365,000
November '23 Nov '23 $421,000
October '23 Oct '23 $385,000
September '23 Sep '23 $426,000
August '23 Aug '23 $475,000
July '23 Jul '23 $445,000
June '23 Jun '23 $365,000
May '23 May '23 $417,000
April '23 Apr '23 $419,000

Median Down Payment i

$70,000

(Mar 2024)

+16.7%

year-over-year

y-o-y

March '24 Mar '24 $70,000
February '24 Feb '24 $29,875
January '24 Jan '24 $81,950
December '23 Dec '23 $61,500
November '23 Nov '23 $31,250
October '23 Oct '23 $48,000
September '23 Sep '23 $131,000
August '23 Aug '23 $80,500
July '23 Jul '23 $100,000
June '23 Jun '23 $64,200
May '23 May '23 $74,000
April '23 Apr '23 $66,400

Number of Homes Sold i

29

(Mar 2024)

+81.2%

year-over-year

y-o-y

March '24 Mar '24 29
February '24 Feb '24 20
January '24 Jan '24 14
December '23 Dec '23 18
November '23 Nov '23 28
October '23 Oct '23 20
September '23 Sep '23 23
August '23 Aug '23 44
July '23 Jul '23 26
June '23 Jun '23 38
May '23 May '23 34
April '23 Apr '23 26

Number of Purchase Loans i

20

(Mar 2024)

+25%

year-over-year

y-o-y

March '24 Mar '24 20
February '24 Feb '24 16
January '24 Jan '24 11
December '23 Dec '23 13
November '23 Nov '23 18
October '23 Oct '23 16
September '23 Sep '23 17
August '23 Aug '23 27
July '23 Jul '23 17
June '23 Jun '23 35
May '23 May '23 27
April '23 Apr '23 23

Number of REFI Loans i

10

(Mar 2024)

year-over-year

y-o-y

March '24 Mar '24 10
February '24 Feb '24 4
January '24 Jan '24 5
December '23 Dec '23 5
November '23 Nov '23 6
October '23 Oct '23 12
September '23 Sep '23 14
August '23 Aug '23 8
July '23 Jul '23 9
June '23 Jun '23 9
May '23 May '23 7
April '23 Apr '23 8

Number of HELOC Loans i

8

(Mar 2024)

+14.3%

year-over-year

y-o-y

March '24 Mar '24 8
February '24 Feb '24 6
January '24 Jan '24 4
December '23 Dec '23 1
November '23 Nov '23 7
October '23 Oct '23 6
September '23 Sep '23 6
August '23 Aug '23 5
July '23 Jul '23 7
June '23 Jun '23 10
May '23 May '23 8
April '23 Apr '23 8

Morton Grove, IL Real Estate Market Overview

Last 30 days

Zip
Median Est. Value

60053
$370,058 $236.66/sqft

Morton Grove, IL Foreclosure Activity

There were a total of 1 Morton Grove, IL properties with a foreclosure filing in March 2024.

Total Foreclosure Filings i

1

(Mar 2024)

year-over-year

y-o-y

March '24 Mar '24 1
February '24 Feb '24 1
January '24 Jan '24 N/A
December '23 Dec '23 2
November '23 Nov '23 2
October '23 Oct '23 1
September '23 Sep '23 1
August '23 Aug '23 4
July '23 Jul '23 8
June '23 Jun '23 3
May '23 May '23 4
April '23 Apr '23 7

Foreclosure Starts i

1

(Mar 2024)

year-over-year

y-o-y

March '24 Mar '24 1
February '24 Feb '24 1
January '24 Jan '24 N/A
December '23 Dec '23 1
November '23 Nov '23 1
October '23 Oct '23 1
September '23 Sep '23 N/A
August '23 Aug '23 3
July '23 Jul '23 7
June '23 Jun '23 3
May '23 May '23 4
April '23 Apr '23 6

Completed Foreclosures (REOs) i

March '24 Mar '24 N/A
February '24 Feb '24 N/A
January '24 Jan '24 1
December '23 Dec '23 1
November '23 Nov '23 1
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 2
April '23 Apr '23 N/A

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