Mount Prospect, IL Real Estate Prices per Square Foot
Buy prices, rent prices, historical development and submitted values for Mount Prospect, IL.
Average buy price
$290.00 / sqft
Typical residential purchase price per square foot.
Average rent
$2.24 / sqft / month
Monthly rent per square foot.
Median home price
$465,721
Estimated median residential sale price.
Median monthly rent
$2,095
Estimated median rent for the city.
Historical price development
Buy price development
Buy prices have increased by about 39.8% over the last 5 years.
Rent price development
Rent prices have increased by about 19.1% over the last 5 years.
Submitted values in Mount Prospect
This table includes recent submitted values and individual historical comparable values, so the local price development is easier to compare.
| Date | Type | Property | Price / sqft | Size | Total | Area |
|---|---|---|---|---|---|---|
| 2026-07-05 | Buy | townhouse | $254.00 / sqft | 1,550 sqft | $393,700 | Old Orchard Country Club 60056 |
| 2026-06-30 | Rent | townhouse | $2.05 / sqft | 1,320 sqft | $2,706 | Old Orchard Country Club 60056 |
| 2026-06-28 | Rent | duplex | $1.79 / sqft | 1,720 sqft | $3,079 | Cumberland 60016 |
| 2026-06-27 | Rent | single-family home | $1.88 / sqft | 2,160 sqft | $4,061 | South Mount Prospect 60005 |
| 2026-06-26 | Rent | condo | $2.24 / sqft | 910 sqft | $2,038 | Weller Creek 60056 |
| 2026-06-25 | Rent | luxury apartment | $2.62 / sqft | 1,350 sqft | $3,537 | Randhurst Village 60056 |
| 2026-06-24 | Buy | townhouse | $292.00 / sqft | 1,780 sqft | $519,760 | River Trails 60056 |
| 2026-06-23 | Rent | townhouse | $1.97 / sqft | 1,605 sqft | $3,162 | Busse Triangle 60056 |
| 2026-06-22 | Rent | apartment | $2.72 / sqft | 470 sqft | $1,278 | Downtown Mount Prospect 60056 |
| 2026-06-21 | Rent | apartment | $2.20 / sqft | 900 sqft | $1,980 | Brentwood 60056 |
| 2026-06-21 | Rent | luxury apartment | $2.68 / sqft | 1,210 sqft | $3,243 | Randhurst Village 60056 |
| 2026-06-21 | Rent | apartment | $2.38 / sqft | 650 sqft | $1,547 | Brentwood 60056 |
| 2026-06-20 | Buy | condo | $246.00 / sqft | 1,250 sqft | $307,500 | Randhurst Village 60056 |
| 2026-06-20 | Buy | condo | $301.00 / sqft | 980 sqft | $294,980 | Downtown Mount Prospect 60056 |
| 2026-06-18 | Buy | multi-family home | $218.00 / sqft | 3,100 sqft | $675,800 | South Mount Prospect 60005 |
| 2026-06-16 | Rent | multi-family home | $2.00 / sqft | 1,200 sqft | $2,400 | South Mount Prospect 60005 |
| 2026-06-15 | Buy | single-family home | $277.00 / sqft | 2,865 sqft | $793,605 | Northwest Mount Prospect 60056 |
| 2026-06-15 | Rent | apartment | $2.65 / sqft | 505 sqft | $1,338 | Downtown Mount Prospect 60056 |
| 2026-06-15 | Rent | single-family home | $1.93 / sqft | 1,825 sqft | $3,522 | Lions Park 60056 |
| 2026-06-12 | Rent | condo | $2.12 / sqft | 1,120 sqft | $2,374 | Old Orchard Country Club 60056 |
| 2026-06-11 | Rent | apartment | $2.34 / sqft | 815 sqft | $1,907 | Brentwood 60056 |
| 2026-06-10 | Rent | condo | $2.18 / sqft | 1,045 sqft | $2,278 | Weller Creek 60056 |
| 2026-06-07 | Buy | condo | $268.00 / sqft | 1,065 sqft | $285,420 | Weller Creek 60056 |
| 2026-06-05 | Buy | condo | $262.00 / sqft | 720 sqft | $188,640 | Downtown Mount Prospect 60056 |
| 2026-06-03 | Buy | single-family home | $285.00 / sqft | 1,540 sqft | $438,900 | Lions Park 60056 |
| 2026-06-02 | Buy | condo | $287.00 / sqft | 860 sqft | $246,820 | Brentwood 60056 |
| 2026-05-30 | Buy | single-family home | $260.00 / sqft | 3,320 sqft | $863,200 | Northwest Mount Prospect 60056 |
| 2026-05-29 | Buy | duplex | $232.00 / sqft | 2,400 sqft | $556,800 | Cumberland 60016 |
| 2026-05-28 | Rent | townhouse | $2.01 / sqft | 1,485 sqft | $2,985 | River Trails 60056 |
| 2026-05-24 | Rent | luxury apartment | $2.89 / sqft | 745 sqft | $2,153 | Randhurst Village 60056 |
| 2026-05-22 | Rent | townhouse | $1.92 / sqft | 1,920 sqft | $3,686 | Old Orchard Country Club 60056 |
| 2026-05-21 | Buy | townhouse | $276.00 / sqft | 1,685 sqft | $465,060 | Weller Creek 60056 |
| 2026-05-17 | Buy | townhouse | $247.00 / sqft | 1,990 sqft | $491,530 | Busse Triangle 60056 |
| 2026-05-16 | Buy | duplex | $239.00 / sqft | 2,250 sqft | $537,750 | Cumberland 60016 |
| 2026-05-15 | Buy | single-family home | $326.00 / sqft | 1,840 sqft | $599,840 | Lions Park 60056 |
| 2026-05-11 | Rent | apartment | $2.43 / sqft | 720 sqft | $1,750 | Downtown Mount Prospect 60056 |
| 2026-05-05 | Buy | single-family home | $298.00 / sqft | 2,015 sqft | $600,470 | Hatlen Heights 60056 |
| 2026-05-01 | Rent | condo | $2.31 / sqft | 860 sqft | $1,987 | Randhurst Village 60056 |
| 2026-04-30 | Buy | single-family home | $309.00 / sqft | 2,260 sqft | $698,340 | Colonial Heights 60056 |
| 2026-04-29 | Rent | duplex | $1.82 / sqft | 1,550 sqft | $2,821 | Cumberland 60016 |
| 2026-04-26 | Rent | luxury apartment | $2.76 / sqft | 980 sqft | $2,705 | Randhurst Village 60056 |
| 2026-04-24 | Buy | single-family home | $287.00 / sqft | 2,680 sqft | $769,160 | Prospect Meadows 60056 |
| 2026-04-21 | Rent | single-family home | $1.84 / sqft | 2,360 sqft | $4,342 | Hatlen Heights 60056 |
| 2026-04-21 | Buy | townhouse | $272.00 / sqft | 1,410 sqft | $383,520 | Busse Triangle 60056 |
| 2026-04-18 | Buy | single-family home | $341.00 / sqft | 1,515 sqft | $516,615 | Lions Park 60056 |
| 2026-04-15 | Buy | loft | $334.00 / sqft | 940 sqft | $313,960 | Downtown Mount Prospect 60056 |
| 2026-04-15 | Buy | loft | $315.00 / sqft | 1,100 sqft | $346,500 | Downtown Mount Prospect 60056 |
| 2026-04-13 | Buy | multi-family home | $205.00 / sqft | 4,200 sqft | $861,000 | South Mount Prospect 60005 |
| 2026-04-12 | Rent | apartment | $2.55 / sqft | 580 sqft | $1,479 | Downtown Mount Prospect 60056 |
| 2026-04-09 | Buy | condo | $258.00 / sqft | 1,375 sqft | $354,750 | Randhurst Village 60056 |
| 2025-11-01 | Rent | apartment | $2.18 / sqft / month | 900 sqft | $1,962 | Downtown Mount Prospect 60056 |
| 2025-06-20 | Buy | single-family home | $274.00 / sqft | 2,950 sqft | $808,300 | Old Orchard Country Club 60056 |
| 2024-09-01 | Rent | single-family home | $1.88 / sqft / month | 2,100 sqft | $3,948 | South Mount Prospect 60005 |
| 2024-05-23 | Buy | single-family home | $248.00 / sqft | 2,325 sqft | $576,600 | Lions Park 60056 |
| 2023-12-01 | Rent | luxury apartment | $2.15 / sqft / month | 1,020 sqft | $2,193 | Randhurst Village 60056 |
| 2023-07-14 | Buy | condo | $229.00 / sqft | 1,260 sqft | $288,540 | Downtown Mount Prospect 60056 |
| 2022-11-01 | Rent | townhouse | $1.85 / sqft / month | 1,520 sqft | $2,812 | Old Orchard Country Club 60056 |
| 2022-04-07 | Buy | townhouse | $211.00 / sqft | 1,775 sqft | $374,525 | Busse Triangle 60056 |
| 2021-09-01 | Rent | apartment | $1.83 / sqft / month | 780 sqft | $1,427 | Downtown Mount Prospect 60056 |
| 2021-06-18 | Buy | single-family home | $196.00 / sqft | 2,140 sqft | $419,440 | Prospect Meadows 60056 |
| 2020-10-01 | Rent | condo | $1.60 / sqft / month | 1,150 sqft | $1,840 | Weller Creek 60056 |
| 2020-05-27 | Buy | duplex | $163.00 / sqft | 2,480 sqft | $404,240 | Cumberland 60016 |
| 2019-11-01 | Rent | single-family home | $1.48 / sqft / month | 1,900 sqft | $2,812 | Lions Park 60056 |
| 2019-07-03 | Buy | condo | $171.00 / sqft | 980 sqft | $167,580 | Randhurst Village 60056 |
| 2018-08-01 | Rent | luxury apartment | $1.68 / sqft / month | 950 sqft | $1,596 | Downtown Mount Prospect 60056 |
| 2018-04-11 | Buy | single-family home | $178.00 / sqft | 1,890 sqft | $336,420 | Hatlen Heights 60056 |
| 2017-09-01 | Rent | apartment | $1.50 / sqft / month | 720 sqft | $1,080 | Brentwood 60056 |
| 2017-05-19 | Buy | townhouse | $164.00 / sqft | 1,620 sqft | $265,680 | River Trails 60056 |
| 2016-12-01 | Rent | condo | $1.42 / sqft / month | 1,100 sqft | $1,562 | Old Orchard Country Club 60056 |
| 2016-06-02 | Buy | single-family home | $168.00 / sqft | 2,050 sqft | $344,400 | Prospect Meadows 60056 |
| 2015-10-01 | Rent | townhouse | $1.34 / sqft / month | 1,480 sqft | $1,983 | Weller Creek 60056 |
| 2015-04-24 | Buy | condo | $152.00 / sqft | 1,185 sqft | $180,120 | Downtown Mount Prospect 60056 |
| 2014-09-01 | Rent | apartment | $1.32 / sqft / month | 805 sqft | $1,063 | Randhurst Village 60056 |
| 2014-07-10 | Buy | townhouse | $137.00 / sqft | 1,500 sqft | $205,500 | Busse Triangle 60056 |
| 2013-12-01 | Rent | single-family home | $1.20 / sqft / month | 1,810 sqft | $2,172 | South Mount Prospect 60005 |
| 2013-05-17 | Buy | duplex | $119.00 / sqft | 2,360 sqft | $280,840 | Cumberland 60016 |
| 2012-08-01 | Rent | apartment | $1.23 / sqft / month | 685 sqft | $843 | Downtown Mount Prospect 60056 |
| 2012-03-29 | Buy | single-family home | $126.00 / sqft | 1,725 sqft | $217,350 | Colonial Heights 60056 |
| 2011-11-01 | Rent | condo | $1.16 / sqft / month | 920 sqft | $1,067 | Old Orchard Country Club 60056 |
| 2011-06-15 | Buy | condo | $113.00 / sqft | 1,020 sqft | $115,260 | Downtown Mount Prospect 60056 |
| 2010-10-01 | Rent | townhouse | $1.12 / sqft / month | 1,300 sqft | $1,456 | Weller Creek 60056 |
| 2010-04-21 | Buy | townhouse | $121.00 / sqft | 1,380 sqft | $166,980 | River Trails 60056 |
| 2009-09-01 | Rent | apartment | $1.08 / sqft / month | 760 sqft | $821 | Randhurst Village 60056 |
| 2009-05-08 | Buy | single-family home | $115.00 / sqft | 1,580 sqft | $181,700 | Lions Park 60056 |
| 2008-12-01 | Rent | single-family home | $1.14 / sqft / month | 1,720 sqft | $1,961 | Hatlen Heights 60056 |
| 2008-09-12 | Buy | condo | $128.00 / sqft | 940 sqft | $120,320 | Randhurst Village 60056 |
| 2007-08-01 | Rent | condo | $1.19 / sqft / month | 1,050 sqft | $1,250 | Downtown Mount Prospect 60056 |
| 2007-04-16 | Buy | multi-family home | $139.00 / sqft | 2,800 sqft | $389,200 | South Mount Prospect 60056 |
| 2006-11-01 | Rent | apartment | $1.21 / sqft / month | 880 sqft | $1,065 | Brentwood 60056 |
| 2006-06-30 | Buy | single-family home | $155.00 / sqft | 2,400 sqft | $372,000 | Prospect Meadows 60056 |
| 2005-10-01 | Rent | duplex | $1.05 / sqft / month | 1,850 sqft | $1,943 | Cumberland 60016 |
| 2005-05-25 | Buy | condo | $143.00 / sqft | 1,120 sqft | $160,160 | Randhurst Village 60056 |
| 2004-07-01 | Rent | townhouse | $1.10 / sqft / month | 1,430 sqft | $1,573 | Old Orchard Country Club 60056 |
| 2004-03-22 | Buy | townhouse | $132.00 / sqft | 1,450 sqft | $191,400 | Busse Triangle 60056 |
| 2003-12-01 | Rent | apartment | $1.12 / sqft / month | 700 sqft | $784 | Downtown Mount Prospect 60056 |
| 2003-06-13 | Buy | single-family home | $135.00 / sqft | 1,680 sqft | $226,800 | Lions Park 60056 |
| 2002-09-01 | Rent | condo | $1.08 / sqft / month | 940 sqft | $1,015 | Weller Creek 60056 |
| 2002-04-19 | Buy | duplex | $116.00 / sqft | 2,240 sqft | $259,840 | Cumberland 60016 |
| 2001-11-01 | Rent | single-family home | $0.98 / sqft / month | 1,650 sqft | $1,617 | South Mount Prospect 60005 |
| 2001-05-31 | Buy | condo | $118.00 / sqft | 760 sqft | $89,680 | Downtown Mount Prospect 60056 |
| 2000-08-01 | Rent | apartment | $1.02 / sqft / month | 815 sqft | $831 | Randhurst Village 60056 |
| 2000-02-17 | Buy | single-family home | $122.00 / sqft | 1,950 sqft | $237,900 | Colonial Heights 60056 |
| 1999-10-01 | Rent | townhouse | $0.93 / sqft / month | 1,350 sqft | $1,256 | River Trails 60056 |
| 1999-06-28 | Buy | townhouse | $104.00 / sqft | 1,320 sqft | $137,280 | Weller Creek 60056 |
| 1998-07-01 | Rent | condo | $0.95 / sqft / month | 1,000 sqft | $950 | Old Orchard Country Club 60056 |
| 1998-04-03 | Buy | single-family home | $112.00 / sqft | 1,550 sqft | $173,600 | Prospect Meadows 60056 |
| 1997-09-01 | Rent | apartment | $0.91 / sqft / month | 760 sqft | $692 | Brentwood 60056 |
| 1997-05-09 | Buy | condo | $91.00 / sqft | 980 sqft | $89,180 | Randhurst Village 60056 |
| 1996-12-01 | Rent | single-family home | $0.82 / sqft / month | 1,500 sqft | $1,230 | Lions Park 60056 |
| 1996-07-12 | Buy | duplex | $88.00 / sqft | 2,100 sqft | $184,800 | Cumberland 60016 |
| 1995-10-01 | Rent | apartment | $0.88 / sqft / month | 620 sqft | $546 | Downtown Mount Prospect 60056 |
| 1995-03-27 | Buy | single-family home | $101.00 / sqft | 1,760 sqft | $177,760 | Hatlen Heights 60056 |
| 1994-08-01 | Rent | townhouse | $0.76 / sqft / month | 1,200 sqft | $912 | South Mount Prospect 60005 |
| 1994-05-18 | Buy | townhouse | $86.00 / sqft | 1,250 sqft | $107,500 | Busse Triangle 60056 |
| 1993-11-01 | Rent | condo | $0.80 / sqft / month | 900 sqft | $720 | Weller Creek 60056 |
| 1993-06-22 | Buy | condo | $78.00 / sqft | 850 sqft | $66,300 | Randhurst Village 60056 |
| 1992-09-01 | Rent | apartment | $0.72 / sqft / month | 700 sqft | $504 | Downtown Mount Prospect 60056 |
| 1992-04-15 | Buy | single-family home | $94.00 / sqft | 1,480 sqft | $139,120 | Lions Park 60056 |
Housing market overview for Mount Prospect, IL
The real estate market in Mount Prospect, IL can be compared more clearly by looking at price per square foot. Current estimates show an average buy price of $290.00 / sqft and an average rent of $2.24 / sqft / month.
Buyers can use the purchase price per square foot to compare homes, condos and apartments of different sizes. Renters can use monthly rent per square foot to compare different rental listings more accurately.
The reported values on this page show how prices can vary by neighborhood, property type, size and condition. Historical values help explain whether the local market has been rising, stable or cooling.
Frequently asked questions
What is the average home price per square foot in Mount Prospect?
The average residential buy price in Mount Prospect, IL is $290.00 / sqft based on the current values available on this page.
How much is rent per square foot in Mount Prospect?
The average rental price in Mount Prospect, IL is $2.24 / sqft / month. Actual rents can vary by neighborhood, property type and building quality.
Are property prices in Mount Prospect increasing?
Buy prices have increased by about 39.8% over the last 5 years. Rent prices have increased by about 19.1% over the last 5 years. These 5-year trends are based on the available individual historical comparable values.