Median home prices in Mount Prospect rose to $415,000 in April

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The median sale price of a home sold in April in Mount Prospect rose by $110,500 while total sales decreased by 93.2 percent, according to

In April, there were six homes sold, with a median sale price of $415,000 - a 36.3 percent increase over the $304,500 median sale price for the same period of the previous year. There were 88 homes sold in Mount Prospect in April 2021.

The median sales tax in Mount Prospect for the most recent year with available data, 2019, was $6,946, approximately 1.7 percent of the median home sale price for April.

The following table compares Mount Prospect to other Cook County cities with similar median sale prices in April:

CityApril 2022 Home SalesApril 2021 Home Sales% change (Total Home Sales)April 2022 Median Sales PriceApril 2021 Median Sales Price% change (Median Sales Price)
Palos Park418-77.8$430,000$433,500-0.8
Mount Prospect688-93.2$415,000$304,50036.3
Olympia Fields110-90$375,000$255,50046.8
Arlington Heights18198-90.9$359,000$332,5008

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