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The median home value in Mount Prospect, IL is $455,313 as of 2026-07-31, up 6.94% from a year earlier.
Median Home Value
$455,313
Year-over-Year
+6.94%
Population
53,523
Mount Prospect ranks #49 of 279 Illinois cities tracked here by median home value, and sits 42.7% above the state's city median of $319,026. It sits in Cook County, where the county-wide median is $344,339.
Median household income in Mount Prospect is $101,720, so the typical home value is about 4.5× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.
Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).
Mount Prospect police recorded a violent crime rate of 90 per 100,000 residents in 2024 — lower than most cities that report to the FBI. Property crime runs at 888 per 100,000.
Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).
People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Mount Prospect, that value is $455,313. That's up 6.94% from a year earlier. It is about 42.7% above the typical Illinois city tracked here.
Homes in Mount Prospect are more expensive than Cook County as a whole, where the median is $344,339 — a difference of about 32.2%.
Median household income here is $101,720, so the typical home value is about 4.5× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.
Mount Prospect police reported 90 violent crimes per 100,000 residents, covering a population of about 53,523. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.
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