Morgan Park House Prices

Morgan Park housing prices have seen a decrease of -0.4% over the last one hundred eighty days compared to the previous twelve months. The average house price over the last six months is $1,396,000. Below you’ll find numerous charts and graphs breaking down real estate market trends in Morgan Park.

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Recent TrendsPrevious 180 DaysPrevious 12 Months% ChangeOver 6 Months
Average Sales Price$1,396,000$1,401,400-0.4%
Average List Price$1,403,316$1,387,9001.1%
Sales Price vs List Price99%100%-1.0%
Avg Days on Market191711.8%
Avg Homes Sold Per Month1120.0%

Below you’ll see a comparison between the square footage and price per square foot for each Morgan Park house price over the last 180 days. Hover over a point to see more information about each home that sold.

Properties in Morgan Park can be divided into three categories: small interior square footage, average interior square footage, and the higher end of interior square footage. This data can give you a rough overview on which bucket your home may fall into with Morgan Park home prices.

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 Low EndAverage EndHigh End
Avg Sq Ft Range894 - 1319 sq ft1320 - 1870 sq ft1871 - 2705 sq ft
Avg Sold Price$921,000$1,205,000$1,785,000
Avg Price Per Sq Ft$832$778$780

Data is from the previous 12 months and pulled directly from the MLS.

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The median sales price for homes in Morgan Park over the last 180 days is

$1,265,500 

Median List Price

$1.2M 

Average Days on Market

19 

Median Sq Ft

1,916 

Average Price per Sq Ft

$697 


Data is pulled directly from the MLS and is comparing the last 180 days to the previous 12 months average.

Median List Price vs Median Sold Price in Morgan Park over the last 12 months

Hover over a candlestick to see the median sales price and the median list price for any given month

Recent Homes Sold in Morgan Park

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Housing Prices in Morgan Park

# of Homes Sold

6

Median Sold Price for 2BR

$877K

Median Sold Price for 3BR

$1.5M 

Median Sold Price for 4+BR

$1.3M 

# of Condos/Townhomes Sold

4

Median Sold Price of Condos/Townhomes

$877K 

Dollar amounts are calculated based upon median values of all sold listings over the last 180 days and updated daily.

Sold Price vs Days on Market for Morgan Park Over the Previous 12 Months

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Morgan Park house prices have seen a median sales price of $1,265,500 over the last 180 days - a 0.0% decrease in comparison to the previous twelve months. In the same 180 days, 10 properties have closed escrow in the area, 6 of which were single family residences, and the remaining 4 of which were condos or townhomes. The single family residences in Morgan Park had an average list price of $1,403,316 and were on the market for 19 days on average, with a sold to list price ratio of 99% in the past 180 days. In terms of size, the median square footage for single family residences was 1916, with the average price per square foot sitting at $697. The median sold price for a three bedroom home in the area was $1,477,500, compared with $1,253,000 for a four bedroom. Over the last 180 days, housing prices in Morgan Park had a median sold to list price ratio for single family residences of 99%, which is -1% less compared to the past 12 months. This shows a slightly downward trend in the Morgan Park real estate market.

According to the MLS, there are currently 2 single family residences for sale in Morgan Park in addition to 1 condos and townhomes, all of which are averaging 34 days on the market. Of the single family residences, the average list price is sitting at $1,249,000 – -1% less than the sold prices of the past 90 days. Regarding the condos and townhomes, an average list price of $799,888 means that prices are sitting at -0.1% less compared to the past 90 days.

Morgan Park has approximately 1,790 households, with the average home built around around 1971. Of all of the households found in Morgan Park today, roughly 32% are married and 26% have children, with an average income of $91,641 and about 28% of residents possessing a bachelor’s degree.

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