Housing in Morton Grove, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$470,000
Median List Price
$459,000
Price Per Sq Ft
$271
Days on Market
39
Active Inventory
59
Months of Supply
4.5
Balanced market
Zillow Home Value
$413,697
ZHVI — January 2026
Zillow Rent Index
$2,422
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
38.5%
Off Market in 2 Weeks
42.9%
Sale-to-List Ratio
99.6%
Buyer's market
Market Activity
Source: RedfinHomes Sold
13
New Listings
25
Pending Sales
21
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$271
Median List $/SF
$282
Morton Grove vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 residents. Morton Grove is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$377,000
Median Rent
$2,210
Total Housing Units
9,546
Vacancy Rate
4.6%
Owner Occupied
84.5%
Renter Occupied
15.5%
Median Property Tax
$7,859
per year
Monthly Cost (w/ Mortgage)
$1,834
Housing Types
The current median sale price in Morton Grove, IL is $470,000 according to Redfin data. Homes spend a median of 39 days on the market. 38.5% of homes sold above asking price. The market has 4.5 months of supply. The median price per square foot is $271. Zillow's observed rent index is $2,422/month. About 84.5% of housing units are owner-occupied. The median year homes were built is 1960. There are 9,546 total housing units.