Mount Prospect Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $344,450
    1% ( $4,550 ) vs May 2016
  • Median Sales Price
    $299,000
    0% ( $1,000 ) vs May 2016
  • Median Foreclosure Sales Price
    NO DATA
  • Foreclosures 111
    Homes for Sale 185
    Recently Sold 66

Market Summary

There are currently 111 properties in Mount Prospect, IL that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 185.

In June, the number of properties that received a foreclosure filing in Mount Prospect, IL was 180% higher than the previous month and 26% lower than the same time last year.

Home sales for May 2017 were down 40% compared with the previous month, and up 0% compared with a year ago. The median sales price of a non-distressed home was $299,000. The median sales price of a foreclosure home was $0, or 0% higher than non-distressed home sales.

Sales Prices - Mount Prospect, IL


  • Foreclosure Discount
    NOT AVAILABLE


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$299,000 (Median Sales Price) $298,000 (Median Sales Price) $300,000 (Median Sales Price) $279,750 (Median Sales Price) $287,000 (Median Sales Price) $288,500 (Median Sales Price) $299,000 (Median Sales Price) $298,000 (Median Sales Price) $300,000 (Median Sales Price) $279,750 (Median Sales Price) $287,000 (Median Sales Price) $288,500 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
610
28.1
% (y-o-y)
$190,000
26.4
% (y-o-y)
Data not available
Arlington Heights
25
25.0
% (y-o-y)
$337,500
12.5
% (y-o-y)
Data not available
Schaumburg
20
35.5
% (y-o-y)
$238,500
2.0
% (y-o-y)
Data not available
Des Plaines
19
36.7
% (y-o-y)
$202,250
3.7
% (y-o-y)
Data not available
Palatine
16
44.8
% (y-o-y)
$215,000
10.4
% (y-o-y)
Data not available
Northbrook
11
38.9
% (y-o-y)
$531,000
32.8
% (y-o-y)
Data not available
Wheeling
11
77.1
% (y-o-y)
$162,500
0.3
% (y-o-y)
Data not available
Glenview
11
10.0
% (y-o-y)
$385,000
1.3
% (y-o-y)
Data not available
Elk Grove Village
10
42.9
% (y-o-y)
$245,500
20.2
% (y-o-y)
Data not available
Wood Dale
9
25.0
% (y-o-y)
$188,750
7.9
% (y-o-y)
Data not available

Local Info For Mount Prospect

Population:
53,838
Cost of Living Index: 117.78
Crime Index: 13.29     Rating: A+ View crime details
Schools: 12    Average School Rating: B+ View individual school rating
Household Median Income: $67,882
Unemployment: 4.10%
Percentage of vacant homes: 6.01%

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