Mount Prospect, IL—60056
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$416,000
5.9% YoY Growth
Household Income
$104,000
41.4% YoY Growth
Days on Market
46
6.0% Shorter YoY
Home Price Forecast
1.8%
Median Rent
$2,400
3.8% YoY Growth
1-Bed Rent
$2,300
1.5% YoY Growth
2-Bed Rent
$2,000
0.4% YoY Growth
3-Bed Rent
$3,200
11.2% YoY Growth
Home Price Trends — Mount Prospect, IL
As of Dec '25, the median home price in Mount Prospect, IL is $416,000, with a year-over-year change of 5.9%. This indicates that home prices in Mount Prospect, IL are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $416,000 | 5.9% |
| Single Family | $454,000 | 6.3% |
| Condos | $243,000 | 3.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |