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Mount Prospect Housing Market Report

September 2026 • Updated daily from MLS data

$533,710
Average Price
80
Active Listings
18
Avg Days on Market
$278
Avg Price/Sqft
0
New This Week

Inventory by Property Type

Active listings in Mount Prospect broken down by property type

58
Single Family
View listings
16
Condo
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4
Townhouse
View listings
0
Multifamily
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Price Distribution

How Mount Prospect home prices are distributed across price ranges

Under $100K
0
$100K–$200K
4
4
$200K–$300K
10
10
$300K–$500K
27
27
$500K–$750K
29
29
$750K–$1M
3
3
$1M+
6
6

Listings by Bedrooms

Bedroom count breakdown for active listings in Mount Prospect

5
1 Bed
12
2 Bed
37
3 Bed
18
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, 1,523 permits were issued, down 36% 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
1,523
Issued Last 12 Months
$200
Median Project Value (12 mo)
$1,160,121
Total Construction Value (12 mo)

Most Common Projects (Last 5 Years)

Residential Building Permit · Roof Re…1,945
Residential Building Permit · Flatwor…1,161
Residential Building Permit · Fence R…1,002
Residential Building Permit · Sewer R…811
Residential Building Permit · HVAC · …443
Residential Building Permit · Roof Re…374

Permits Issued by Year

2016
54
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
59
26
21
25
23

Featured Listings in Mount Prospect

Top properties currently on the market

1402 Robert
$474,900
3
2
2,104 sqft
1402 Robert
Mount Prospect, IL
219 William
$359,000
3
2
1,312 sqft
219 William
Mount Prospect, IL
211 Graylynn
$485,000
3
2
1,420 sqft
211 Graylynn
Mount Prospect, IL
280 Westgate
$170,000
1
1
280 Westgate
Mount Prospect, IL
1806 Park
$522,000
4
3
1,801 sqft
1806 Park
Mount Prospect, IL
1508 Palm
$449,000
6
2
2,079 sqft
1508 Palm
Mount Prospect, IL
View All Mount Prospect Properties

Save $13,611 on the Average Mount Prospect Home

Traditional agents charge 3% commission ($16,011). With IvyGro, our broker keeps just $2,400 (negotiable at closing) and you keep the rest as your rebate.

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