Mount Prospect Real Estate Market Overview

Could Mount Prospect, IL be your next home? Kick-start your search with Trulia’s real estate guide and home search. With interactive maps and charts, Trulia provides a comprehensive overview of market trends, schools, demographics, and lifestyle data to help you learn all about Mount Prospect. Not sure which neighborhood is for you? Check out our Nearby Places section below to explore popular cities near Mount Pros...pect such as Arlington Heights and Des Plaines. When you’re ready, Trulia has 186 resale and new homes in Mount Prospect lined up for you, including 12 open houses, and 75 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. View more

$269,250

Median Sales Price

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$198

Price Per Sqft

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$1,900

Median Rent Per Month

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Housing Market Trends

Market trends help you understand the movement of key price indicators. Trends in Mount Prospect show a 11% year-over-year rise in median sales price and a -7% drop in median rent per month.

Median Sales Price
The median sales price for homes in Mount Prospect for Jan 7 to Apr 6 was $269,250 based on 100 home sales.
Price Per Square Ft.
Average price per square foot for Mount Prospect was $198, an increase of 8% compared to the same period last year.
Median Rent Per Month
The median rent per month for apartments in Mount Prospect for Mar 7 to Apr 7 was $1,900.

Crime

Most frequent crimes in the past year

Knowing more about crime activity in Mount Prospect can help keep you aware of crime in the area. Crime activity is most helpful when comparing two locations to understand the relative safety of each location.

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41

Counts of Theft

14

Counts of Vandalism

11

Counts of Arrest


Best Schools in Mount Prospect

There are 13 schools in Mount Prospect.

Elementary Schools
10

Fairview Elementary School

Public, 2 - 5

9

Lions Park Elementary School

Public, 2 - 5

9

Indian Grove Elementary School

Public, PK - 5

Middle Schools
8

River Trails Middle School

Public, 6 - 8

8

Lincoln Middle School

Public, 6 - 8

6

Holmes Junior High School

Public, 6 - 8

High Schools
10

Prospect High School

Public, 9 - 12


Demographics

Get to know your neighbors in Mount Prospect by reviewing our census driven map. Get insights into median age, how many people are married, and percentage of people with a college degree.

Single residents
30%
Single residents
Home owners
88%
Home owners
Median age
42
Median age
Household income
$69,389
Median household income
College educated
49%
College educated

Commute

Most people in Mount Prospect commute by car. Learn how neighbors in this area get to work so you can consider how you might commute if you lived here, too.

Commute Type
91% commute by car
0% commute by bike
5% commute by public transportation
0% commute by foot

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