Morton Grove, IL

Seller's market+17.6% YoY

Housing market overview · Updated weekly

$435,000median sale price

Homes sold

21

Last 12 weeks

Days on market

49

Average pace

Active listings

55

2.6 months supply

Sale-to-list

100.9%

Above asking

The Morton Grove housing market is currently classified as a seller's market with a median sale price of $435,000. Prices have risen 17.6% compared to last year, with homes spending an average of 49 days on market, indicating 2.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Morton Grove

There are currently 55 homes listed for sale in Morton Grove, Illinois. The median listing price is $420K.

Active listings

55

Homes on market

Median list price

$420K

Avg. days on market

49

Days until sale

New this week

20

Newly listed

Price drops:12.7%of listings
Sale-to-list:100.9%

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Frequently asked questions

What is the average home price in Morton Grove?

The median home sale price in Morton Grove is $435,000, up 17.6% from last year.

How long do homes stay on market in Morton Grove?

Homes typically spend 49 days on market before going under contract.

Is Morton Grove a buyer's or seller's market?

With 2.6 months of supply, Morton Grove is currently a seller's market.

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