Why Live in Colonial Heights
Colonial Heights in Mount Prospect, a northwestern suburb of Chicago, is a well-established neighborhood known for its long-term residents and strong community ties. The area is noted for its safety, supported by top-notch public safety services. Families benefit from access to quality schools, including Forest View Elementary and Holmes Junior High, both with solid ratings, and Rolling Meadows High School, which boasts a high graduation rate. Housing in Colonial Heights dates back to the 1960s, featuring ranch-style, split-level, and tri-level homes. Many of these homes have been renovated over the years, reflecting a mix of original and contemporary styles. Robert T. Jackson Clearwater Park, a local attraction, offers a playground, tennis courts, a walking path, and a water retention pond. The Mount Prospect Commons Shopping Center nearby includes popular dining spots like Jelly Café and Lucky Burgers, as well as Draft Picks Mount Prospect, a hub for sports fans. The neighborhood is conveniently located about a 10-minute drive from Woodfield Mall in Schaumburg, one of the largest shopping centers in the country, featuring over 230 stores and attractions like the LEGOLAND Discovery Center.
Home Trends in Colonial Heights, IL
On average, homes in Colonial Heights, Mount Prospect sell after 41 days on the market compared to the national average of 70 days. The median sale price for homes in Colonial Heights, Mount Prospect over the last 12 months is $175,000, down 78% from the median home sale price over the previous 12 months.
Median Sale Price
$175,000
Median Single Family Sale Price
$589,900
Median 2 Bedroom Sale Price
$152,500
Average Price Per Sq Ft
$388
Number of Homes for Sale
3
Last 12 months Home Sales
23
Median List Price
$589,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-78%