Morton Grove Home Values: November 2026 Market Update

Quick answer: Over the three months ending September 2026, the median Morton Grove home sold for about $470,000, up 4.8% from a year earlier. Homes sold in a median of 43 days, at about 100.7% of list price, and 50% sold for more than asking (Redfin, MLS & public records). Here’s what that means if you’re selling or buying in Morton Grove.

Morton Grove home values at a glance

Morton Grove (all home types)September 2026
Median sale price$471,775 (+4.8% vs. last year, 3 months ending Sep)
Homes sold in the month92 (15.5% more than a year earlier)
Median days on market43 days (5 days slower)
Sale-to-list price100.7% (about the same)
Sold above asking49.5% (+3.2 pts)
Homes with price drops21.8%
Median price per square foot$265 (up 11.3%)

Source: Redfin market data for Morton Grove (based on MLS and public records), all home types, September 2026. Figures are market-wide, not specific to any one property.

How Morton Grove compares with its neighbors

Morton Grove sits between its neighbors on price: its median ($471,775) is close to Skokie’s, well under Glenview’s, and above Niles’. It is moving faster than Skokie, though: prices are up 4.8% from a year ago versus Skokie’s 0.6%, and nearly half of Morton Grove homes (49.5%) sold above asking. More homes sold than a year earlier.

What’s driving value in Morton Grove

  • Home type and size. Morton Grove is mostly single-family homes, from mid-century ranches and split-levels to newer construction, plus some condos and townhomes. Square footage and lot size move value the most.
  • Location within Morton Grove. Distance to the Metra station, Dempster Street, parks and forest preserves all play a role.
  • Condition and updates. With about half of homes selling over asking, move-in-ready homes get the most competition.
  • Taxes and carrying costs. Cook County property taxes vary from home to home, and buyers compare them closely. Knowing yours up front helps you price correctly.

If you’re selling in Morton Grove

Demand is strong and prices are climbing, but about one in five listings still had a price cut, usually homes that started too high. Starting at the right price is what separates homes that sell over asking from those that sit. Get a free, no-pressure home value estimate to see where yours fits.

If you’re buying in Morton Grove

Plan for competition on well-priced homes: have your pre-approval ready and be prepared to act within days of a listing going live.

Frequently asked questions

What is the median home price in Morton Grove, IL?

About $470,000 over the three months ending September 2026 (Redfin, all home types), up 4.8% from a year earlier.

Are Morton Grove home prices going up?

Yes. As of September 2026 the Morton Grove median price was 4.8% higher than a year earlier, and 49.5% of homes sold above asking.

How fast do homes sell in Morton Grove?

The median home sold in about 43 days in September 2026 (5 days slower than a year ago).

Is Morton Grove a competitive market?

Redfin rates Morton Grove very competitive: homes get about 3 offers on average, and 49.5% sold above list price.

Al Kolovic is a Licensed Managing Broker with CENTURY 21 Circle, 3372 W Devon Ave, Lincolnwood, with $80M+ in career sales and 170+ homes sold across Chicago and the North Shore. Questions about your Morton Grove home? Call or text 847-561-8987.

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