Is The Woodlands of Morton Grove, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, The Woodlands of Morton Grove has remained a Seller's Market.
Housing Prices in The Woodlands of Morton Grove, IL
How much do homes in The Woodlands of Morton Grove, IL cost?
Median Sold Price
$349,900
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in The Woodlands of Morton Grove was $349,900 in April 2024, up 1.1% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $245K | N/A |
2 Bedrooms | $312.5K | $320K | +2.4% |
3 Bedrooms | $380K | $405K | +6.6% |
4 Bedrooms | $450K | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: The Woodlands of Morton Grove housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.4%, 3 bedroom homes increased by 6.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in The Woodlands of Morton Grove, IL
How many homes are available in The Woodlands of Morton Grove, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 4 | -33.3% |
Summary: The The Woodlands of Morton Grove real estate market had 4 homes for sale in April 2024, a 33.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 3 | -40.0% |
3 Bedrooms | 1 | 1 | 0.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The The Woodlands of Morton Grove housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in The Woodlands of Morton Grove in April 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for The Woodlands of Morton Grove, IL
How long does it take to sell a home in The Woodlands of Morton Grove, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
4 Days | 13 Days | +225.0% |
Summary: Homes in The Woodlands of Morton Grove had an average of 13 days on market in Apr 2024, up by 225% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in The Woodlands of Morton Grove; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.