Morton Grove, IL Real Estate Trends

Morton Grove, IL Real Estate Trends 2011 – 2020

Real estate market report for 2020 with the graphs showing the trends for the past 10 years. Average sold price grew more than $100,000 since 2011. More details on the table below. Number of sales, the average sold price, the average market time and the list to close ratio.

  • Lowest Sold Price: $97,500
  • Highest Sold in the past 12 months: $875,000
  • Average List Price: $364,291
  • Average Sold Price in the past 12 months: $336,007
  • 1 Foreclosed home is on the market as of January 2021.

Real Estate Trends From 2015 – 2020

Morton Grove, Illinois Real Estate Trends
Real estate market trends, drive by video of Morton Grove, IL. Townhomes, condominiums and single family homes with price range are shown.

Real Estate Trends from 2011 – 2020

As we can see on the chart below, average home sale price was $225,307 in 2011 compared to $334,953 in 2020.

Morton Grove, Illinois Real Estate Trends

 

Detached Single Family Homes

Total units sold, average sold price by bedrooms. Sold to listing price ratio with average market time.

Bedrooms SoldAvg OLPAvg LP
(Sold)
SP:LPAvg MT
(Sold)
All289$375,666$370,52297%76
1-227$281,985$279,72698%22
3178$337,374$332,76397%61
464$468,795$460,70297%115
5 or More20$544,925$540,58095%154
Morton Grove, Illinois Real Estate Market Trends for Detached single family homes in 2020.

If you are buying or selling a home in Morton Grove or any other neighboring suburbs, feel free to call, text me 847-878-2588 or send me an email for more information or a to receive a free comparable market analysis.

More blog posts and real estate videos can be found here. Morton Grove info page.

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