Prospect Heights, IL—60070
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$374,000
6.5% YoY Growth
Household Income
$91,200
37.4% YoY Growth
Days on Market
31
13.0% Shorter YoY
Home Price Forecast
0.8%
Median Rent
$1,950
2.1% YoY Growth
1-Bed Rent
$1,520
9.1% YoY Growth
2-Bed Rent
$1,980
8.7% YoY Growth
3-Bed Rent
$1,900
30.5% YoY Growth
Home Price Trends — Prospect Heights, IL
As of May '26, the median home price in Prospect Heights, IL is $374,000, with a year-over-year change of 6.5%. This indicates that home prices in Prospect Heights, IL are increasing. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $374,000 | 6.5% |
| Single Family | $547,000 | 6.6% |
| Condos | $195,000 | -1.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |