House Prices

House Prices & Home Values Mount Prospect, IL 2026


Average Data

average house price$339,027
average size per house1641 ft²
average price per ft²207 $ / ft²

04/17/2026 - The value range (VR) for house prices in Mount Prospect, IL is $216/ sqft to $216/ sqft. An average home with 1641 sqft costs approximately $354,456 to $354,456. Mount Prospect, IL includes 1 ZIP codes and it is located in Cook county. The lowest prices are found in ZIP 60056, while the highest are in ZIP 60056. The average price per sqare feet is $207. Our analysis is based on 16 property listings.

Avergage prices by ZIP codes Mount Prospect

60056236 $ / ft²




Historical development of home values in Mount Prospect

Year Estimated value (USD) Change vs. 2025
2010 $157,450 -53.6%
2011 $151,362 -55.4%
2012 $150,954 -55.5%
2013 $156,596 -53.8%
2014 $164,383 -51.5%
2015 $172,820 -49.0%
2016 $181,839 -46.4%
2017 $191,653 -43.5%
2018 $202,249 -40.3%
2019 $211,627 -37.6%
2020 $222,567 -34.4%
2021 $253,146 -25.3%
2022 $295,111 -13.0%
2023 $311,209 -8.2%
2024 $329,212 -2.9%
2025 $339,027 0.0%

Graph: estimated home values in Mount Prospect over time (USD)



Example: 100% financing house in Mount Prospect

Loan amount: $339,027

Interest rate: 6.00%

Fixed monthly payment: $2,032.64

Breakdown in the 1st month:
Interest portion: $1,695.14  –  Principal portion: $337.50

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $20,228.37 $4,163.29 $334,863.71
2 $19,971.58 $4,420.07 $330,443.63
3 $19,698.96 $4,692.69 $325,750.94
4 $19,409.53 $4,982.13 $320,768.81
5 $19,102.24 $5,289.42 $315,479.39
6 $18,776.00 $5,615.66 $309,863.74
7 $18,429.64 $5,962.02 $303,901.72
8 $18,061.92 $6,329.74 $297,571.98
9 $17,671.51 $6,720.15 $290,851.83
10 $17,257.03 $7,134.63 $283,717.20
11 $16,816.98 $7,574.68 $276,142.52
12 $16,349.79 $8,041.87 $268,100.66
13 $15,853.78 $8,537.87 $259,562.78
14 $15,327.19 $9,064.47 $250,498.31
15 $14,768.11 $9,623.55 $240,874.77
16 $14,174.55 $10,217.11 $230,657.66
17 $13,544.38 $10,847.28 $219,810.38
18 $12,875.35 $11,516.31 $208,294.07
19 $12,165.05 $12,226.61 $196,067.46
20 $11,410.94 $12,980.72 $183,086.74
21 $10,610.31 $13,781.35 $169,305.39
22 $9,760.31 $14,631.35 $154,674.04
23 $8,857.88 $15,533.78 $139,140.27
24 $7,899.79 $16,491.87 $122,648.40
25 $6,882.61 $17,509.05 $105,139.35
26 $5,802.69 $18,588.97 $86,550.38
27 $4,656.16 $19,735.50 $66,814.88
28 $3,438.92 $20,952.74 $45,862.14
29 $2,146.60 $22,245.06 $23,617.08
30 $774.57 $23,617.08 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Mount Prospect, IL


1500 sqft3900 sqft
Ø selling price$375,706$799,228
Ø fast selling$341,550$719,305
Ø high price sale$409,861$879,150

In 2026, houses in Mount Prospect, IL will be offered at an average price of $207 per square foot. A 1,500 sqft home priced at $375,706 is 25.02% more expensive per square foot than a 3,900 sqft home priced at $799,228. Home prices in Mount Prospect, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $553,311. Sellers who can wait longer may achieve a higher price of up to $676,269.

FAQ – Home Values in Mount Prospect

What is the median home value in Mount Prospect in 2026?

In 2026, the typical home value in Mount Prospect is about $339,027 for an average home size of 1641 square feet. This corresponds to an average price of roughly $207 per square foot.

What is the average cost per square foot in Mount Prospect?

In 2026, homes in Mount Prospect sell for an average of around $207 per square foot, with a typical range between $216 and $216 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Mount Prospect is about 1641 square feet, with an estimated 2026 value around $339,027.



Locations close to Mount Prospect, IL

Mundelein, IL150 $ / ft²
Vernon Hills, IL192 $ / ft²
Northbrook, IL262 $ / ft²
Morton Grove, IL174 $ / ft²
Mchenry, IL121 $ / ft²
Libertyville, IL193 $ / ft²
  imprint  Privacy