Morton Grove, IL Housing Market Trends

Market Overview for Q3 2026

$463K 4.8% Y-o-Y $21K Y-o-Y
$348 -0.3% Y-o-Y -$1 Y-o-Y
85 14.9% Y-o-Y 11 Y-o-Y
$370K 17% Y-o-Y $54K Y-o-Y
Morton Grove, IL Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $355,000 $379,000 $362,000 0
2023 0 $365,000 $404,000 $345,000
2024 $402,000 $420,000 $413,000 $405,000
2025 $381,000 $431,000 $442,000 $406,000
2026 $434,000 $453,000 $463,000
Morton Grove, IL Median Sale Price/Sq. Ft.
Year Q1 Q2 Q3 Q4
2022 $280 $286 $282 0
2023 0 $291 $286 $297
2024 $322 $296 $330 $317
2025 $322 $343 $349 $337
2026 $361 $377 $348
Real Estate Transactions in Morton Grove, IL
Year Q1 Q2 Q3 Q4
2022 95 106 108 0
2023 0 93 72 54
2024 54 69 100 69
2025 50 87 74 52
2026 53 78 85
Cook County Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $275,000 $300,000 $280,000 0
2023 $267,000 $300,000 $300,000 $280,000
2024 $290,000 $325,000 $320,000 $305,000
2025 $312,000 $340,000 $330,000 $330,000
2026 $325,000 $360,000 $358,000
Morton Grove, IL Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $355,000 $379,000 $362,000 0
2023 0 $365,000 $404,000 $345,000
2024 $402,000 $420,000 $413,000 $405,000
2025 $381,000 $431,000 $442,000 $406,000
2026 $434,000 $453,000 $463,000
Morton Grove, IL Median Sale Price/Sq. Ft.
Year Q1 Q2 Q3 Q4
2022 $280 $286 $282 0
2023 0 $291 $286 $297
2024 $322 $296 $330 $317
2025 $322 $343 $349 $337
2026 $361 $377 $348
Real Estate Transactions in Morton Grove, IL
Year Q1 Q2 Q3 Q4
2022 95 106 108 0
2023 0 93 72 54
2024 54 69 100 69
2025 50 87 74 52
2026 53 78 85
Cook County Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $275,000 $300,000 $280,000 0
2023 $267,000 $300,000 $300,000 $280,000
2024 $290,000 $325,000 $320,000 $305,000
2025 $312,000 $340,000 $330,000 $330,000
2026 $325,000 $360,000 $358,000

Housing Market Trends by Property Type

Property Type
Median Sale Price
Median Sale Price (Y-o-Y)
Median Sale Price/Sq. Ft.
Median Sale Price/Sq. Ft. (Y-o-Y)
No. of Transactions
Condos
$395K
19%
-
-
29
Other Residential
$490K
3.2%
$349
0%
52

Morton Grove, IL Housing Stock

Property Type
Units
Condo
1,728
Townhouse
163
Other
7,783

Cook County: Demographics

Total population
24,619
Median age
44.6
No high school education
4.5%
Some high school/college
21.6%
Bachelor's degree
32.2%
Average household income
$136,158
Occupied housing units
9,215
Owner-occupied units
85.2%
Renter-occupied units
14.8%
Median year structure built
1961

Discover Housing Market Trends in Other Cities

#
City
Median Sale Price
1
Winnetka
$1.4M
2
Wilmette
$983K
3
Western Springs
$900K
4
Barrington
$780K
5
Glenview
$744K
6
Northbrook
$730K
7
Lemont
$725K
8
River Forest
$643K
9
Park Ridge
$598K
10
LA Grange
$529K
12
Evanston
$480K
13
Oak Park
$450K
14
Mount Prospect
$438K
15
Skokie
$430K
16
Riverside
$430K
17
Harwood Heights
$424K
18
Orland Park
$412K
19
Hoffman Estates
$405K
20
Niles
$400K
21
Rolling Meadows
$395K
23
Palatine
$386K
24
Palos Heights
$379K
25
Prospect Heights
$378K
26
Westchester
$375K
27
Brookfield
$364K
28
Chicago
$360K
29
Forest Park
$360K
30
Melrose Park
$350K
31
Elmwood Park
$350K
32
Streamwood
$348K
33
Des Plaines
$340K
34
Schaumburg
$336K
35
Berwyn
$335K
36
Elgin
$327K
37
Wheeling
$326K
38
Oak Forest
$317K
39
Oak Lawn
$310K
40
Burbank
$309K
41
Tinley Park
$305K
42
Cicero
$281K
43
Midlothian
$275K
44
Alsip
$269K
45
Palos Hills
$255K
46
Matteson
$250K
48
Homewood
$235K
49
South Holland
$223K
50
Chicago Heights
$208K
51
Lansing
$202K
52
Park Forest
$165K
53
Calumet City
$150K