All Home Types
Prospect Heights, IL Housing Market
What is the housing market like in Prospect Heights today?
In February 2025, Prospect Heights home prices were down 12.3% compared to last year, selling for a median price of $200K. On average, homes in Prospect Heights sell after 102 days on the market compared to 44 days last year. There were 11 homes sold in February this year, up from 10 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$200,000
-12.3% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Prospect Heights, IL
$200,000
-12.3%
United States
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Prospect Heights Migration & Relocation Trends
In Jan '25 - Mar '25, 16% of Prospect Heights homebuyers searched to move out of Prospect Heights, while 84% looked to stay within the metropolitan area.
- Across the nation, 3% of homebuyers searched to move into Prospect Heights from outside metros.
- Peoria homebuyers searched to move into Prospect Heights more than any other metro followed by New York and Springfield.
Where are people moving to Prospect Heights from?
- 84% of Prospect Heights homebuyers searched to stay within the Prospect Heights metropolitan area.
- Cape Coral was the most popular destination among Prospect Heights homebuyers followed by Phoenix and Sarasota.
Where are people from Prospect Heights moving to?
Number of People Moving to Prospect Heights
least
most
People are moving to Prospect Heights from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Jan '25 - Mar '25 | ||
| 1 | 1,083 | ||
| 2 | 865 | ||
| 3 | 752 | ||
| 4 | 732 | ||
| 5 | 646 | ||
| 6 | 519 | ||
| 7 | 360 | ||
| 8 | 337 | ||
| 9 | 270 | ||
| 10 | 254 | ||
People are leaving Prospect Heights for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Jan '25 - Mar '25 | ||
| 1 | 2,072 | ||
| 2 | 1,350 | ||
| 3 | 1,165 | ||
| 4 | 1,083 | ||
| 5 | 1,023 | ||
| 6 | 997 | ||
| 7 | 995 | ||
| 8 | 968 | ||
| 9 | 909 | ||
| 10 | 778 | ||
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 Prospect Heights.
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