Mount Prospect Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $329,900
    1% ( $2,300 ) vs May 2015
  • Median Sales Price
    $253,000
    1% ( $2,000 ) vs May 2015
  • Median Foreclosure Sales Price
    $187,750
    37% ( $50,750 ) vs May 2015
  • Foreclosures 168
    Homes for Sale 121
    Recently Sold 275

Market Summary

There are currently 168 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 121.

In June, the number of properties that received a foreclosure filing in Mount Prospect, IL was 24% lower than the previous month and 46% higher than the same time last year.

Home sales for May 2016 were down 89% compared with the previous month, and down 91% compared with a year ago. The median sales price of a non-distressed home was $253,000. The median sales price of a foreclosure home was $187,750, or 26% lower than non-distressed home sales.

Sales Prices - Mount Prospect, IL




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$187,750 (Median Foreclosure Sales Price) $137,000 (Median Foreclosure Sales Price) $140,500 (Median Foreclosure Sales Price) $170,000 (Median Foreclosure Sales Price) $176,000 (Median Foreclosure Sales Price) $172,000 (Median Foreclosure Sales Price) $253,000 (Median Sales Price) $255,000 (Median Sales Price) $270,000 (Median Sales Price) $275,000 (Median Sales Price) $277,000 (Median Sales Price) $288,500 (Median Sales Price) $187,750 (Median Foreclosure Sales Price) $137,000 (Median Foreclosure Sales Price) $140,500 (Median Foreclosure Sales Price) $170,000 (Median Foreclosure Sales Price) $176,000 (Median Foreclosure Sales Price) $172,000 (Median Foreclosure Sales Price) $253,000 (Median Sales Price) $255,000 (Median Sales Price) $270,000 (Median Sales Price) $275,000 (Median Sales Price) $277,000 (Median Sales Price) $288,500 (Median Sales Price)
Interested in more detailed data or historic trends back to 2005?
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
754
70.9
% (y-o-y)
$258,000
6.7
% (y-o-y)
69.2%
60.9
% (y-o-y)
Wheeling
46
64.3
% (y-o-y)
$162,500
32.1
% (y-o-y)
13.0%
2.4
% (y-o-y)
Des Plaines
29
67.0
% (y-o-y)
$193,500
13.2
% (y-o-y)
15.5%
22.2
% (y-o-y)
Schaumburg
28
68.2
% (y-o-y)
$243,250
33.7
% (y-o-y)
35.9%
30.2
% (y-o-y)
Palatine
26
72.0
% (y-o-y)
$241,000
3.6
% (y-o-y)
63.6%
51.8
% (y-o-y)
Northbrook
17
71.7
% (y-o-y)
$400,000
8.0
% (y-o-y)
Data not available
Arlington Heights
17
80.5
% (y-o-y)
$292,550
7.3
% (y-o-y)
42.2%
32.5
% (y-o-y)
Wood Dale
12
53.8
% (y-o-y)
$175,000
27.7
% (y-o-y)
21.0%
0.0
% (y-o-y)
Rolling Meadows
11
60.7
% (y-o-y)
$193,000
9.6
% (y-o-y)
Data not available
Libertyville
11
26.7
% (y-o-y)
$365,000
9.9
% (y-o-y)
14.2%
0.0
% (y-o-y)

Local Info For Mount Prospect

Population:
53,838
Cost of Living Index: 117.78
Crime Index: 11.02     Rating: A+ View crime details
Schools: 12    Average School Rating: B+ View individual school rating
Household Median Income: $67,882
Unemployment: 4.20%
Percentage of vacant homes: 6.01%

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