Comprehensive market data and analysis• Updated Dec 2025
999.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 1 | 1 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 1 | 1 |
Acreage buckets
The median price for land in Morton Grove, Illinois is currently $2.0M per acre. For a typical parcel, the median sale price is $275K. Recently, the cheapest land sold for $275K while premium lots reached $275K.
There are currently 3 active listings in Morton Grove, Illinois. 1 new listings have hit the market in the last 90 days. The median asking price is $279K.
Land in Morton Grove, Illinois averages $2.0M per acre. The median price per acre is $2.0M, which may be more representative of typical transactions. Most parcels sold are around 6,098 sq ft.
The 12-month rate is 2.8%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in Morton Grove, Illinois typically sells within 16 days of listing. The median time on market is 16 days. Properties are moving quickly in the current strong buyer's market.
The top-performing broker in this market is William Luksha.
The median land price in Morton Grove, Illinois stands at $275K. This translates to roughly $2.0M per acre for the typical parcel size.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
