Why Live in North Mount Prospect
North Mount Prospect, located 22 miles northwest of downtown Chicago, offers a suburban lifestyle with convenient access to urban amenities via U.S. Route 12. The neighborhood features a variety of shopping options at Mount Prospect Plaza, including Marshalls, Burlington Coat Factory, and Ross Dress for Less. Dining options range from family-owned Pizza Pavia to The Red Barn Restaurant and Brewery, known for its live music and unique cocktails. Annual events like the Mount Prospect Block Party provide family-friendly entertainment with live music, food vendors, and outdoor activities. The area is characterized by tree-lined streets, well-maintained sidewalks, and a mix of traditional Ranch-style homes, split-levels, contemporary homes, condos, and townhouses. Schools in the area, such as Fairview Elementary, Lincoln Middle, and Prospect High School, are highly rated and offer a variety of programs and advanced courses. Outdoor enthusiasts can enjoy Hill Street Park, Rob Roy Golf Course, and Nicholas Sportsplex, which offers public skating and hockey leagues. Woodland Trails Park provides a seasonal outdoor pool and year-round trails and skate park. Public transit is accessible via the Mt. Prospect Metra Station and Pace Suburban Bus, with Chicago O'Hare International Airport just 10 miles away. Healthcare needs are met by Endeavor Health Northwest Community Hospital, located 5 miles from the neighborhood.
Frequently Asked Questions
Is North Mount Prospect a good place to live?
North Mount Prospect is a good place to live. North Mount Prospect is considered somewhat walkable and bikeable with some transit options. North Mount Prospect has 8 parks for recreational activities. It is somewhat dense in population with 6.6 people per acre and a median age of 45. The average household income is $124,949 which is above the national average. College graduates make up 47% of residents. A majority of residents in North Mount Prospect are home owners, with 15.5% of residents renting and 84.5% of residents owning their home. A
local real estate agent serving North Mount Prospect can help you decide if this neighborhood is the right one for you. Learn more on our
North Mount Prospect neighborhood guide.
Is North Mount Prospect, IL a safe neighborhood?
North Mount Prospect, IL is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in North Mount Prospect?
The median home price in North Mount Prospect is $410,000. If you put a 20% down payment of $82,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,130 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $91K a year to afford the median home price in North Mount Prospect. The average household income in North Mount Prospect is $125K.
What are the best public schools in North Mount Prospect?
The best public schools that serve North Mount Prospect are:
What are the best private schools in North Mount Prospect?
The best private schools that serve North Mount Prospect are:
- St. Emily Elementary School has an A+ Niche grade, a student teacher ratio of 13:1 and an average review score of 4.7.
- The Willows Academy has an A+ Niche grade, a student teacher ratio of 9:1 and an average review score of 3.9.
- St. Raymond School has an A Niche grade, a student teacher ratio of 16:1 and an average review score of 5.0.
What are the most popular zip codes in North Mount Prospect, Mount Prospect, IL?
What are the most popular neighborhoods near North Mount Prospect, Mount Prospect, IL?
Are home prices dropping in North Mount Prospect?
Yes, home prices in North Mount Prospect are down 16% in the last 12 months.
Home Trends in North Mount Prospect, IL
On average, homes in North Mount Prospect, Mount Prospect sell after 41 days on the market compared to the national average of 70 days. The median sale price for homes in North Mount Prospect, Mount Prospect over the last 12 months is $405,000, up 6% from the median home sale price over the previous 12 months.
Median Sale Price
$405,000
Median Single Family Sale Price
$402,750
Median Townhouse Sale Price
$425,000
Median 2 Bedroom Sale Price
$305,000
Median 1 Bedroom Sale Price
$520,000
Average Price Per Sq Ft
$319
Number of Homes for Sale
18
Last 12 months Home Sales
160
Median List Price
$410,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
6%