Why Live in Mount Prospect
Mount Prospect, incorporated in 1917, offers a small-town feel with a close-knit community atmosphere. The neighborhood is characterized by residential streets shaded by mature oaks and maples, well-maintained sidewalks, and homes on quarter-acre lots. The housing market features brick ranch-style homes, Cape Cods, and split levels, typically under 2,000 square feet. Townhouses and larger homes with recent renovations are also available. The area is served by highly rated schools, including Lions Park Elementary School, Lincoln Middle School, and Prospect High School, all of which have strong academic reputations.
Residents enjoy proximity to various parks, such as Sunrise Park with soccer fields, Sunset Park with tennis courts, and Robert T Jackson Clearwater Park with a scenic walking trail. The Mt. Prospect Golf Club, featuring an 18-hole course and a restaurant, is a local favorite. Culinary options are abundant along Highway 14, with restaurants like Trezeros Kitchen + Tap and Cuisine of India MP offering diverse menus. Grocery stores such as Mariano’s, Meijer, and Walmart are conveniently located along Golf Road.
Mount Prospect hosts community events like Fridays on the Green and the Mount Prospect Celebration of Cultures, fostering a vibrant local culture. The neighborhood is safer than the national average, with a crime and safety score lower than the U.S. average. Commuters benefit from the Metra Yellow Line and Interstate 90, providing access to downtown Chicago, 23 miles away.
Home Trends in Mount Prospect, IL
On average, homes in Mount Prospect, IL sell after 39 days on the market compared to the national average of 70 days. The median sale price for homes in Mount Prospect, IL over the last 12 months is $350,000, up 23% from the median home sale price over the previous 12 months.
Median Sale Price
$350,000
Median Single Family Sale Price
$417,000
Median Townhouse Sale Price
$821,500
Median 1 Bedroom Sale Price
$167,500
Average Price Per Sq Ft
$252
Number of Homes for Sale
5
Last 12 months Home Sales
57
Median List Price
$430,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
23%