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Mount Prospect, IL Real Estate & Property Data

Mount Prospect Real Estate Market Trends

Last Updated: April 22, 2025

Accurate and comprehensive real estate data is critical for insight into Mount Prospect, IL 60056. ATTOM’s Mount Prospect real estate data is updated daily, and current market trends show that in Mount Prospect, IL a total of 665 residential properties have sold over the past year. With a median home price of $459,000 in Mount Prospect and a total of 4 foreclosures. Get detailed property data for Mount Prospect, IL instantly. ATTOM is your one-stop-shop for the Mount Prospect property reports and real estate data you need in Mount Prospect, IL.

Mount Prospect Real Estate Market Trends

Get property data for any address in Mount Prospect, IL or the country:

Total Residential Properties 17,449

Total Commercial Properties 511

Avg. Home Age (Single Family Home) 63 Years

Avg. Square Feet (Single Family Home) 1,713

Total 2025 Residential Sales (year-to-date) 72

% of Homes Seriously Underwater (Q2 2025) 0.74%

Total 2024 Residential Sales 632

% of Equity Rich Homes (Q2 2025) 43.8%

Effective 2024 Property Tax 1.9%

Total Foreclosure Filings (year-to-date) 9

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Mount Prospect, IL 60056 Real Estate Overview

There were 665 residential properties sold in the past year in Mount Prospect, IL 60056. The median home value in Mount Prospect, IL 60056 is $398,951. There are a total of 17,449 residential properties in the 60056.

Median Sales Price i

$459,000

(Feb 2025)

+13.9%

year-over-year

y-o-y

February '25 Feb '25 $459,000
January '25 Jan '25 $431,000
December '24 Dec '24 $472,500
November '24 Nov '24 $415,500
October '24 Oct '24 $430,000
September '24 Sep '24 $450,000
August '24 Aug '24 $445,000
July '24 Jul '24 $470,000
June '24 Jun '24 $485,000
May '24 May '24 $435,000
April '24 Apr '24 $447,500
March '24 Mar '24 $441,000

Median Down Payment i

$82,000

(Feb 2025)

-4.1%

year-over-year

y-o-y

February '25 Feb '25 $82,000
January '25 Jan '25 $63,800
December '24 Dec '24 $88,500
November '24 Nov '24 $80,825
October '24 Oct '24 $79,140
September '24 Sep '24 $66,000
August '24 Aug '24 $84,825
July '24 Jul '24 $60,500
June '24 Jun '24 $93,700
May '24 May '24 $80,075
April '24 Apr '24 $81,600
March '24 Mar '24 $108,150

Number of Homes Sold i

32

(Feb 2025)

+3.2%

year-over-year

y-o-y

February '25 Feb '25 32
January '25 Jan '25 40
December '24 Dec '24 52
November '24 Nov '24 54
October '24 Oct '24 48
September '24 Sep '24 56
August '24 Aug '24 63
July '24 Jul '24 56
June '24 Jun '24 58
May '24 May '24 59
April '24 Apr '24 60
March '24 Mar '24 56

Number of Purchase Loans i

24

(Feb 2025)

+26.3%

year-over-year

y-o-y

February '25 Feb '25 24
January '25 Jan '25 35
December '24 Dec '24 33
November '24 Nov '24 41
October '24 Oct '24 31
September '24 Sep '24 43
August '24 Aug '24 43
July '24 Jul '24 47
June '24 Jun '24 46
May '24 May '24 49
April '24 Apr '24 48
March '24 Mar '24 37

Number of REFI Loans i

19

(Feb 2025)

+72.7%

year-over-year

y-o-y

February '25 Feb '25 19
January '25 Jan '25 21
December '24 Dec '24 30
November '24 Nov '24 37
October '24 Oct '24 21
September '24 Sep '24 19
August '24 Aug '24 15
July '24 Jul '24 19
June '24 Jun '24 12
May '24 May '24 15
April '24 Apr '24 15
March '24 Mar '24 15

Number of HELOC Loans i

11

(Feb 2025)

+22.2%

year-over-year

y-o-y

February '25 Feb '25 11
January '25 Jan '25 13
December '24 Dec '24 28
November '24 Nov '24 10
October '24 Oct '24 19
September '24 Sep '24 23
August '24 Aug '24 29
July '24 Jul '24 15
June '24 Jun '24 15
May '24 May '24 16
April '24 Apr '24 19
March '24 Mar '24 16

Mount Prospect, IL 60056 Real Estate Market Overview

Last 30 days

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Mount Prospect, IL 60056 Foreclosure Activity

There were a total of 4 Mount Prospect, IL 60056 properties with a foreclosure filing in February 2025.

Total Foreclosure Filings i

4

(Feb 2025)

+300%

year-over-year

y-o-y

February '25 Feb '25 4
January '25 Jan '25 5
December '24 Dec '24 3
November '24 Nov '24 2
October '24 Oct '24 1
September '24 Sep '24 6
August '24 Aug '24 3
July '24 Jul '24 5
June '24 Jun '24 2
May '24 May '24 6
April '24 Apr '24 1
March '24 Mar '24 4

Foreclosure Starts i

2

(Feb 2025)

+100%

year-over-year

y-o-y

February '25 Feb '25 2
January '25 Jan '25 5
December '24 Dec '24 1
November '24 Nov '24 1
October '24 Oct '24 1
September '24 Sep '24 2
August '24 Aug '24 3
July '24 Jul '24 5
June '24 Jun '24 1
May '24 May '24 5
April '24 Apr '24 1
March '24 Mar '24 4

Completed Foreclosures (REOs) i

February '25 Feb '25 N/A
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 N/A
September '24 Sep '24 1
August '24 Aug '24 N/A
July '24 Jul '24 3
June '24 Jun '24 N/A
May '24 May '24 N/A
April '24 Apr '24 N/A
March '24 Mar '24 1

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