Mount Prospect Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $280,900
    4% ( $12,800 ) vs Nov 2013
  • Median Sales Price
    $269,500
    0% ( $1,000 ) vs Nov 2013
  • Median Foreclosure Sales Price
    $175,000
    23% ( $52,500 ) vs Nov 2013
  • Foreclosures 253
    Homes for Sale 53
    Recently Sold 478

Market Summary

There are currently 253 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 53.

In December, the number of properties that received a foreclosure filing in Mount Prospect, IL was 4% lower than the previous month and 33% lower than the same time last year.

Home sales for November 2014 were down 44% compared with the previous month, and down 25% compared with a year ago. The median sales price of a non-distressed home was $269,500. The median sales price of a foreclosure home was $175,000, or 35% lower than non-distressed home sales.

Sales Prices - Mount Prospect, IL




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$175,000 (Median Foreclosure Sales Price) $227,500 (Median Foreclosure Sales Price) $140,100 (Median Foreclosure Sales Price) $113,500 (Median Foreclosure Sales Price) $140,100 (Median Foreclosure Sales Price) $180,000 (Median Foreclosure Sales Price) $269,500 (Median Sales Price) $268,500 (Median Sales Price) $262,250 (Median Sales Price) $258,750 (Median Sales Price) $250,000 (Median Sales Price) $250,000 (Median Sales Price) $175,000 (Median Foreclosure Sales Price) $227,500 (Median Foreclosure Sales Price) $140,100 (Median Foreclosure Sales Price) $113,500 (Median Foreclosure Sales Price) $140,100 (Median Foreclosure Sales Price) $180,000 (Median Foreclosure Sales Price) $269,500 (Median Sales Price) $268,500 (Median Sales Price) $262,250 (Median Sales Price) $258,750 (Median Sales Price) $250,000 (Median Sales Price) $250,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
2,098
30.9
% (y-o-y)
$272,500
4.8
% (y-o-y)
65.1%
65.4
% (y-o-y)
Palatine
114
16.2
% (y-o-y)
$233,000
1.3
% (y-o-y)
51.5%
59.8
% (y-o-y)
Des Plaines
88
17.0
% (y-o-y)
$178,000
7.9
% (y-o-y)
41.3%
25.3
% (y-o-y)
Schaumburg
76
32.7
% (y-o-y)
$201,000
5.0
% (y-o-y)
24.9%
36.2
% (y-o-y)
Arlington Heights
54
50.0
% (y-o-y)
$289,000
3.6
% (y-o-y)
30.8%
34.7
% (y-o-y)
Glenview
43
15.7
% (y-o-y)
$350,000
5.5
% (y-o-y)
8.9%
36.6
% (y-o-y)
Northbrook
41
31.7
% (y-o-y)
$453,000
14.0
% (y-o-y)
25.8%
35.8
% (y-o-y)
Niles
28
20.0
% (y-o-y)
$230,000
3.0
% (y-o-y)
40.0%
17.1
% (y-o-y)
Wheeling
27
42.6
% (y-o-y)
$147,500
0.0
% (y-o-y)
23.7%
15.3
% (y-o-y)
Rolling Meadows
26
0.0
% (y-o-y)
$170,000
11.0
% (y-o-y)
51.5%
37.7
% (y-o-y)

Local Info For Mount Prospect

Population:
53,838
Cost of Living Index: 117.78
Crime Index: 28.67     Rating: A View crime details
Schools: 12    Average School Rating: B+ View individual school rating
Household Median Income: $67,882
Unemployment: 4.00%
Percentage of vacant homes: 6.01%

MLS Listings
There are no properties available
Nearby Neighborhoods
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