Quantcast

North Cook News

Tuesday, April 16, 2024

Q3 real estate sales report: Morton Grove

Re 7

Median prices rose in Morton Grove over last year, and are down 0.3 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 110 homes sold in Morton Grove for a median price of $315,000. That's 0.4 percent higher than median home sale prices for the third quarter of 2017.

In the third quarter, 4 homes in Morton Grove were in foreclosure.

Median property tax for homeowners in Morton Grove was $7,051.06 in 2017 according to tax data from that year. That means homeowners pay 2.2 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.

Morton Grove real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
66
$315,900
-
2010
68
$263,625
-16.5%
2011
76
$247,753
-6%
2012
103
$223,450
-9.8%
2013
125
$248,400
11.2%
2014
118
$264,470
6.5%
2015
152
$277,985
5.1%
2016
120
$305,550
9.9%
2017
161
$313,650
2.7%
2018
110
$315,000
0.4%

Median property tax
Median sale price
Effective property tax rate
2009
$7,691.57
$315,900
2.4%
2010
$6,817.25
$263,625
2.6%
2011
$7,157.70
$247,753
2.9%
2012
$7,296.31
$223,450
3.3%
2013
$6,525.28
$248,400
2.6%
2014
$6,380.56
$264,470
2.4%
2015
$6,053.48
$277,985
2.2%
2016
$7,253.17
$305,550
2.4%
2017
$7,051.05
$313,650
2.2%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS