Zip 60053 (Morton Grove, IL) Housing

The housing median value of 60053 Morton Grove, IL is $361,300, which is higher than the US House Median Value of $338,100. The house appreciation in Morton Grove over the past year has been 8.83%, which is slightly higher than the US 1 year House Appreciation of 8.27%. This suggests that there has been an increase in property value in this area and it may be a desirable place to invest in real estate.

The median home cost in Morton Grove (zip 60053) is $361,300. Home appreciation the last 10 years has been 54.6%. Home Appreciation in Morton Grove (zip 60053) is up 14.5%.

Average Age of Homes

- The median age of Morton Grove (zip 60053) real estate is 57 years old

The Rental Market in Morton Grove (zip 60053)

- Renters make up 7.7% of the Morton Grove (zip 60053) population
- 1.1% of houses and apartments in Morton Grove (zip 60053), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Morton Grove, Illinois	United States
	10,033.0	139,647,020.0
	62	42
	$361,300	$338,100
	14.5%	16.6%
	31.8%	57.0%
	54.6%	101.1%
	$21.80	$10.98
	$7,239	$2,690
	81.5%	57.4%
	5.8%	11.2%
	12.7%	31.4%
Vacant Housing
	1.1%	1.9%
	0.0%	0.4%
	1.5%	0.7%
	0.8%	0.4%
	0.0%	3.6%
	2.4%	4.1%
Value of Owner-Occupied Housing
	0.3%	2.6%
	0.5%	2.4%
	0.3%	2.8%
	0.6%	3.9%
	0.1%	4.5%
	3.9%	11.3%
	6.2%	13.0%
	24.8%	20.1%
	41.5%	13.6%
	13.1%	8.3%
	6.7%	9.7%
	1.5%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	11.0%	13.6%
	11.0%	13.6%
	2.6%	13.6%
	3.3%	13.2%
	8.9%	14.8%
	2.6%	13.6%
	45.5%	10.0%
	4.8%	4.7%
	4.3%	12.2%

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