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Median Home Price in Mount Prospect, IL

The median home value in Mount Prospect, IL is $458,867 as of 2026-06-30, up 6.77% from a year earlier.

Median Home Value

$458,867

Year-over-Year

+6.77%

Population

53,523

Mount Prospect ranks #49 of 279 Illinois cities tracked here by median home value, and sits 44.1% above the state's city median of $318,423. It sits in Cook County, where the county-wide median is $343,350.

Crime in Mount Prospect

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).

Common questions about Mount Prospect

How much does a house cost in Mount Prospect, IL?

The median home value in Mount Prospect is $458,867. That's up 6.77% from a year earlier. That is about 44.1% above the typical county in Illinois.

Is Mount Prospect expensive compared to the surrounding area?

Homes in Mount Prospect are more expensive than Cook County as a whole, where the median is $343,350 — a difference of about 33.6%.

Is Mount Prospect a safe place to live?

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.