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Advertise here →Mount Prospect, IL · Houses & Market Data
Mount Prospect, Illinois houses and real estate market data.
Houses in Mount Prospect, IL (Cook County) — Census median home value $377,000, county listing prices up about 2.2% over the past year. Market data for Mount Prospect houses and the broader area.
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Mount Prospect, IL is in Cook County, Illinois — this guide covers houses in Mount Prospect and the whole local market: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 55,648, with a median household income of $103,911. Census data puts Mount Prospect houses at a median value of $377,000 (all owner-occupied homes); Cook County's current median listing price runs $352,450, up about 2.2% over the past year.
Info from government sites and builders may have provided source info.
Market overview
Mount Prospect housing market
Mount Prospect is in Cook County, Illinois. Manifest Census and county price-trend data provide baseline context for houses in Mount Prospect and the surrounding county market.
Median home value (Census ACS)
$377,000
Population (Census ACS)
55,648
Median household income
$103,911
County price trend (2025)
5.52% YoY
Population, income, and median home value from the project batch manifest (Census ACS 2023 5-year). County price trend from FHFA county HPI when present in the manifest row.
At a glance
Mount Prospect market snapshot
Population
55,648
County
Cook County
Median Household Income
$103,911
Median Home Value (city)
$377,000
Median Listing Price (Cook County)
$352,450
Median Gross Rent
$1,454/mo
Price Trend (YoY)
+2.2%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. See About
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What makes Mount Prospect different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Mount Prospect's median home value — across all owner-occupied homes, not just recent sales — at $377,000. Separately, Cook County's current median listing price (via Realtor.com data, 2026-06-01) runs $352,450. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.
County Price Trend
Cook County's FHFA house price index shows a 5.52% annual change in 2025.
Population & Income
Mount Prospect has an estimated population of 55,648 and a median household income of $103,911, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Mount Prospect's Census-reported median home value works out to about 3.6x the area's median household income, and median gross rent runs roughly 17% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
Nearby
Places around Mount Prospect
County guide: Cook County — cities, market context, and local resources for the county that includes Mount Prospect.
USAHouses.com also helps visitors looking in nearby Cook County and other Illinois communities. Some locations may not yet have dedicated pages, but many licensed professionals in this region assist surrounding communities.
Nearby communities include Prospect Heights, Des Plaines, Arlington Heights, Rolling Meadows, Wheeling, Elk Grove Village, Glenview, Park Ridge, Rosemont, Palatine, Northbrook, Niles, Buffalo Grove, Bensenville, Morton Grove, Golf.
Prospect Heights market data
Nearby city · ~2.8 mi
Des Plaines market data
Nearby city · ~2.8 mi
Arlington Heights market data
Nearby city · ~3.2 mi
Rolling Meadows market data
Nearby city · ~4.6 mi
Wheeling market data
Nearby city · ~4.6 mi
Elk Grove Village market data
Nearby city · ~5.0 mi
Glenview market data
Nearby city · ~5.8 mi
Park Ridge market data
Nearby city · ~6.0 mi
Rosemont market data
Nearby city · ~6.2 mi
Palatine market data
Nearby city · ~6.6 mi
Northbrook market data
Nearby city · ~6.9 mi
Niles market data
Nearby city · ~7.0 mi
Buffalo Grove market data
Nearby city · ~7.1 mi
Bensenville market data
Nearby city · ~7.3 mi
Morton Grove market data
Nearby city · ~7.8 mi
Golf market data
Nearby city · ~7.8 mi
More Illinois cities with market guides: Aurora, Joliet, Naperville, Rockford, Elgin, Springfield, Peoria, Waukegan.
Aurora market data
Same-state city guide
Joliet market data
Same-state city guide
Naperville market data
Same-state city guide
Rockford market data
Same-state city guide
Elgin market data
Same-state city guide
Springfield market data
Same-state city guide
Peoria market data
Same-state city guide
Waukegan market data
Same-state city guide
Adjacent-county Census places with USAHouses.com pages: Wood Dale (~7.1 mi), Itasca (~7.4 mi), Addison (~9.9 mi), Bloomingdale (~11.0 mi), Glendale Heights (~12.4 mi), Villa Park (~12.5 mi), Lombard (~13.8 mi), Carol Stream (~14.1 mi), Oakbrook Terrace (~14.6 mi), Glen Ellyn (~15.1 mi), Oak Brook (~15.8 mi), Wheaton (~16.8 mi), Winfield (~17.0 mi), Wayne (~18.1 mi), Clarendon Hills (~18.4 mi), West Chicago (~18.7 mi).
New construction: New homes near Mount Prospect (Chicago) · Illinois new construction.
Census & home facts
Mount Prospect data from published sources
Population (ACS 2023)
55,648
Median home value (ACS 2023)
$377,000
Median household income (ACS 2023)
$103,911
Median gross rent (ACS 2023)
$1,454
County FHFA annual change (2025)
5.52%
County median listing price (FRED/Realtor.com) (2026-06-01)
$352,450
Census place type
village
County
Cook County
Land area (Census Gazetteer 2024)
10.72 sq mi
Census GEOID
1751089
Census ACS, FHFA, and FRED figures are labeled with the year present in existing CSVs. Subject to change / confirm locally.
NewUSAHouses.com communities
Closest verified new-home communities near Mount Prospect
Availability and pricing are controlled by the builder and may change; confirm with the builder.
Northgate at Veridian ↗
D.R. Horton · Schaumburg, Illinois · ~5.9 mi · from $539,990
Reserve at the Brook ↗
Pulte · Northbrook, Illinois · ~6.2 mi
Highbury Club ↗
M/I Homes · Buffalo Grove, Illinois · ~6.6 mi · from $783,990
Leclair Estates ↗
Pulte · Deerfield, Illinois · ~7.4 mi · from $1,004,990
the Townes at Barclay ↗
M/I Homes · Lincolnshire, Illinois · ~8.2 mi · from $599,990
Local life
Life in Mount Prospect
Schools
City of Chicago SD 299 — 644 schools, 321,666 students enrolled, per the U.S. Department of Education's Common Core of Data. Cook addresses may be served by City of Chicago SD 299, but attendance zones vary by street — confirm assigned schools with the district before making a move.
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Common questions
Mount Prospect FAQ
What are houses worth in Mount Prospect, IL?
The Census Bureau's American Community Survey puts the median value of houses in Mount Prospect at $377,000. Cook County's current median listing price runs $352,450, up about 2.2% over the past year.
How much do houses cost in Mount Prospect, IL?
For owner-occupied houses in Mount Prospect, Census ACS data shows a median value of $377,000. Active listing prices in Cook County may differ — see the market snapshot above.
What types of houses are in Mount Prospect, IL?
Mount Prospect houses include resale single-family homes, condos, mobile homes, and small multi-unit buildings, plus new construction in surrounding Cook County communities where builders are active. The housing-stock section below uses Census ACS structure counts when available for this city.
What is the population of Mount Prospect, IL?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Mount Prospect's population at approximately 55,648.
What's the median rent in Mount Prospect, IL?
The Census ACS estimates median gross rent in Mount Prospect at approximately $1,454 per month.
What is the median household income in Mount Prospect, IL?
Census ACS data puts the median household income in Mount Prospect at approximately $103,911.
Is the Mount Prospect housing market growing?
Cook County's FHFA house price index shows a 5.52% annual change in 2025.
Is Mount Prospect, IL affordable relative to income?
Census ACS data puts Mount Prospect's median home value at about 3.6 times the median household income, with median gross rent equal to roughly 17% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
What school district serves Mount Prospect, IL?
Manifest and public school-directory data suggest City of Chicago SD 299 for many Mount Prospect addresses, but attendance zones vary by street — verify your assigned schools with the district before making a move.
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