Mount Prospect Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $329,900
    10% ( $30,400 ) vs Apr 2015
  • Median Sales Price
    $255,000
    6% ( $15,000 ) vs Apr 2015
  • Median Foreclosure Sales Price
    $133,500
    5% ( $7,000 ) vs Apr 2015
  • Foreclosures 160
    Homes for Sale 120
    Recently Sold 344

Market Summary

There are currently 160 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 120.

In May, the number of properties that received a foreclosure filing in Mount Prospect, IL was 19% higher than the previous month and 67% higher than the same time last year.

Home sales for April 2016 were down 15% compared with the previous month, and up 137% compared with a year ago. The median sales price of a non-distressed home was $255,000. The median sales price of a foreclosure home was $133,500, or 48% lower than non-distressed home sales.

Sales Prices - Mount Prospect, IL




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$133,500 (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) $187,500 (Median Foreclosure 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) $283,500 (Median Sales Price) $133,500 (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) $187,500 (Median Foreclosure 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) $283,500 (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
2,423
44.1
% (y-o-y)
$255,500
2.2
% (y-o-y)
65.0%
61.1
% (y-o-y)
Des Plaines
74
32.1
% (y-o-y)
$182,000
16.3
% (y-o-y)
48.1%
2.6
% (y-o-y)
Arlington Heights
62
63.2
% (y-o-y)
$277,500
0.9
% (y-o-y)
37.7%
17.6
% (y-o-y)
Palatine
59
40.5
% (y-o-y)
$232,000
11.8
% (y-o-y)
61.6%
54.7
% (y-o-y)
Schaumburg
59
4.8
% (y-o-y)
$215,000
12.9
% (y-o-y)
32.6%
37.0
% (y-o-y)
Northbrook
34
54.5
% (y-o-y)
$400,000
7.0
% (y-o-y)
1.2%
32.2
% (y-o-y)
Libertyville
33
560.0
% (y-o-y)
$362,500
4.3
% (y-o-y)
13.6%
0.0
% (y-o-y)
Glenview
32
60.0
% (y-o-y)
$382,500
23.4
% (y-o-y)
23.5%
48.4
% (y-o-y)
Elk Grove Village
26
36.8
% (y-o-y)
$205,000
8.9
% (y-o-y)
12.2%
36.2
% (y-o-y)
Wheeling
18
21.7
% (y-o-y)
$167,000
14.2
% (y-o-y)
36.1%
10.6
% (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: 4.80%
Percentage of vacant homes: 6.01%

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