All Home Types
Mount Prospect, IL Housing Market
What is the housing market like in Mount Prospect today?
In October 2024, Mount Prospect home prices were up 9.1% compared to last year, selling for a median price of $415K. On average, homes in Mount Prospect sell after 47 days on the market compared to 51 days last year. There were 42 homes sold in October this year, up from 37 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$414,500
+9.1% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Mount Prospect, IL
$414,500
+9.1%
United States
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Mount Prospect Migration & Relocation Trends
In Aug '24 - Oct '24, 14% of Mount Prospect homebuyers searched to move out of Mount Prospect, while 86% looked to stay within the metropolitan area.
- Across the nation, 3% of homebuyers searched to move into Mount Prospect from outside metros.
- New York homebuyers searched to move into Mount Prospect more than any other metro followed by Peoria and St. Louis.
Where are people moving to Mount Prospect from?
- 86% of Mount Prospect homebuyers searched to stay within the Mount Prospect metropolitan area.
- South Bend was the most popular destination among Mount Prospect homebuyers followed by Milwaukee and Cape Coral.
Where are people from Mount Prospect moving to?
Number of People Moving to Mount Prospect
least
most
People are moving to Mount Prospect from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Aug '24 - Oct '24 | ||
| 1 | 2,053 | ||
| 2 | 1,103 | ||
| 3 | 730 | ||
| 4 | 670 | ||
| 5 | 488 | ||
| 6 | 449 | ||
| 7 | 414 | ||
| 8 | 321 | ||
| 9 | 194 | ||
| 10 | 169 | ||
People are leaving Mount Prospect for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Aug '24 - Oct '24 | ||
| 1 | 1,552 | ||
| 2 | 1,440 | ||
| 3 | 1,373 | ||
| 4 | 1,096 | ||
| 5 | 870 | ||
| 6 | 766 | ||
| 7 | 689 | ||
| 8 | 670 | ||
| 9 | 608 | ||
| 10 | 604 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Mount Prospect.
Provided by First Street Foundation
Transportation in Mount Prospect
Learn about the walkability, bikeability, and transit-friendliness of Mount Prospect
Somewhat Walkable
Walk Score®
Some Transit
Transit Score®
Bikeable
Bike Score®
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