Home/Mount Prospect/Market Report

Mount Prospect Housing Market Report

November 2026 • Updated daily from MLS data

$492,698
Average Price
94
Active Listings
24
Avg Days on Market
$279
Avg Price/Sqft
0
New This Week

Inventory by Property Type

Active listings in Mount Prospect broken down by property type

53
Single Family
View listings
27
Condo
View listings
5
Townhouse
View listings
0
Multifamily
View listings

Price Distribution

How Mount Prospect home prices are distributed across price ranges

Under $100K
1
1
$100K–$200K
5
5
$200K–$300K
15
15
$300K–$500K
36
36
$500K–$750K
26
26
$750K–$1M
4
4
$1M+
6
6

Listings by Bedrooms

Bedroom count breakdown for active listings in Mount Prospect

6
1 Bed
22
2 Bed
36
3 Bed
20
4 Bed
7
5+ Bed

Demographics & Community

Census data for Mount Prospect, Illinois

56,191
Population
$100,526
Median Household Income
41.2
Median Age
$367,900
Census Median Home Value

Housing Occupancy

Total Housing Units23,034
Owner-Occupied15,312 (69.9%)
Renter-Occupied6,605 (30.1%)
Vacant Units1,117
Median Rent$1,368/mo

Commute & Education

Median Commute25253 min
Work From Home6.7%
Public Transit2.9%
Bachelor's Degree+34.2%
High School Diploma+0.0%

Affordability & Housing Costs

HUD data for the Mount Prospect area

Fair Market Rent (2024)

Studio$1,399/mo
1 Bedroom$1,507/mo
2 Bedroom$1,714/mo
3 Bedroom$2,182/mo
4 Bedroom$2,583/mo

Income Limits (2024)

Median Family Income$112,100
Low Income (4-person)$89,700
Very Low Income (4-person)$56,050
Extremely Low (4-person)$33,650

Safety & Crime Statistics

Crime data for Mount Prospect (2024)

49
Violent Crimes
478
Property Crimes
93
Burglaries
47
Vehicle Thefts

Building Permit Activity

IvyGro tracks 22,943 building permits issued by Village of Mount Prospect, with records dating back to 2009. In the last 12 months, 1,171 permits were issued, down 50% from the year before. Every Mount Prospect listing on IvyGro shows the full permit history for that address: roofs, remodels, additions, and more.

22,943
Permits on Record
1,171
Issued Last 12 Months
$200
Median Project Value (12 mo)
$923,365
Total Construction Value (12 mo)

Most Common Projects (Last 5 Years)

Residential Building Permit · Roof Re…1,851
Residential Building Permit · Flatwor…1,109
Residential Building Permit · Fence R…968
Residential Building Permit · Sewer R…788
Residential Building Permit · HVAC · …423
Residential Building Permit · Roof Re…374

Permits Issued by Year

2016
49
2017
2,498
2018
2,467
2019
2,317
2020
2,474
2021
2,666
2022
2,457
2023
2,381
2024
2,324
2025
2,295
2026
926

See the full Mount Prospect permit report or browse Mount Prospect listings to see the permit history for any home.

School Districts

School districts serving Mount Prospect properties

57
26
59
21
23
25
214

Featured Listings in Mount Prospect

Top properties currently on the market

10 Wille
$369,000
2
1
1,220 sqft
10 Wille
Mount Prospect, IL
1101 Hunt Club
$240,000
2
2
1,150 sqft
1101 Hunt Club
Mount Prospect, IL
1400 Elmhurst
$245,000
1
1
800 sqft
1400 Elmhurst
Mount Prospect, IL
2022 Woodview
$529,900
4
3
2,628 sqft
2022 Woodview
Mount Prospect, IL
206 Hiawatha
$549,900
2
2
2,097 sqft
206 Hiawatha
Mount Prospect, IL
16 Audrey
$599,000
4
3
1,390 sqft
16 Audrey
Mount Prospect, IL
View All Mount Prospect Properties

Save $12,381 on the Average Mount Prospect Home

Traditional agents charge 3% commission ($14,781). With IvyGro, our broker keeps just $2,400 (negotiable at closing) and you keep the rest as your rebate.

Start Your SearchBrowse Mount Prospect Listings