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 Trends||Previous 180 Days||Previous 12 Months||% ChangeOver 6 Months|
|Average Sales Price||$1,396,000||$1,401,400||-0.4%|
|Average List Price||$1,403,316||$1,387,900||1.1%|
|Sales Price vs List Price||99%||100%||-1.0%|
|Avg Days on Market||19||17||11.8%|
|Avg Homes Sold Per Month||1||1||20.0%|
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 End||Average End||High End|
|Avg Sq Ft Range||894 - 1319 sq ft||1320 - 1870 sq ft||1871 - 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.
Median List Price
Average Days on Market
Median Sq Ft
Average Price per Sq Ft
Data is pulled directly from the MLS and is comparing the last 180 days to the previous 12 months average.
Hover over a candlestick to see the median sales price and the median list price for any given month
# of Homes Sold
Median Sold Price for 2BR
Median Sold Price for 3BR
Median Sold Price for 4+BR
# of Condos/Townhomes Sold
Median Sold Price of Condos/Townhomes
Dollar amounts are calculated based upon median values of all sold listings over the last 180 days and updated daily.
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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 5 single family residences for sale in Morgan Park in addition to 4 condos and townhomes, all of which are averaging 36 days on the market. Of the single family residences, the average list price is sitting at $1,997,177 – 0% less than the sold prices of the past 90 days. Regarding the condos and townhomes, an average list price of $1,066,750 means that prices are sitting at 0.2% 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.