The Morgan Park housing market is somewhat competitive. The median sale price of a home in Morgan Park was $202K last month, up 15.3% since last year. The median sale price per square foot in Morgan Park is $146, up 22.2% since last year.
What is the housing market like in Morgan Park today?
In March 2024, Morgan Park home prices were up 15.3% compared to last year, selling for a median price of $202K. On average, homes in Morgan Park sell after 77 days on the market compared to 71 days last year. There were 34 homes sold in March this year, down from 50 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$201,750
+15.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Morgan Park, IL
$201,750
+15.3%
United States
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How hot is the Morgan Park housing market?
Morgan Park is somewhat competitive. Homes sell in 66 days.
0
100
43
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 66 days.
Hot homes
can sell for about 1% above list price and go pending in around 35 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
6/10
Colemon J Elementary Academy
Public • PreK-8
248
Students
2 reviews
4/10
Higgins Elementary Community Academy
Public • PreK-8
261
Students
5 reviews
3/10
Whistler Elementary School
Public • PreK-8
359
Students
3 reviews
2/10
Esmond Elementary School
Public • PreK-8
256
Students
4 reviews
2/10
Shoop Math-Science Tech Elementary Academy
Public • PreK-8
432
Students
1 reviews
Only showing 5 of
6 elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Morgan Park housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Morgan Park.
Risk Factor
Flood Factor - Minor
21% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Morgan Park has a minor risk of flooding. 1,012 properties in Morgan Park are likely to be
severely affected
by flooding over the next 30 years. This represents 21% of all properties in Morgan Park. Flood risk is increasing slower than the national average.
Morgan Park has minimal risk of severe winds over the next 30 years
Wind Factor
Morgan Park has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.