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Mount Prospect

Condos InMount Prospect, IL

Mount Prospect, IL Condo Market Report (In last 12 months)

Avg. List Price

$290,561 ($215/Sqft.)

Year-Over-Year List Price

Up Arrow6.59%

Total Listings

Listed 179

Avg. Days on Market

Up Arrow55

Avg. Sale Price

$275,635 ($207/Sqft.)

Year-Over-Year Sale Price

Up Arrow8.77%

Total Sold

Sold175

Avg. HOA Fees/Sqft.

$5/monthly

Mount prospect, IL Condo Market Overview

Nestled in the heart of Illinois, Mount Prospect offers a vibrant blend of suburban tranquility and urban convenience, providing an ideal setting for condo living. This charming village boasts a diverse real estate market, where sophisticated townhome-style condos meet budget-friendly units, ensuring options for every buyer. Key neighborhoods like the downtown area exude a lively atmosphere with chic boutiques, delightful eateries, and friendly cafes lining the streets, while its tree-lined avenues offer a serene escape. For those seeking luxury, upscale condos feature contemporary designs, state-of-the-art amenities, and scenic views of picturesque parks like Melas Park. Meanwhile, affordable options abound in cozy, community-oriented neighborhoods perfect for families and young professionals. Embrace the sense of community atop scenic bike paths or at vibrant local farmers’ markets. In Mount Prospect, the charm of small-town living seamlessly integrates with modern lifestyle conveniences for a beautifully balanced life.

Condos For Sale In Mount Prospect, IL

Popular Condos Neighborhoods in Mount Prospect, IL

Explore Mount Prospect, IL Neighborhoods

Mount Prospect, IL, is a charming suburban enclave distinguished by its friendly community spirit and abundant green spaces. Rich in history and diversity, the area offers a blend of quaint downtown vibes, excellent schools, and convenient access to Chicago, making it an ideal choice for families and professionals alike seeking a peaceful yet vibrant living environment.

Frequently Asked Questions About Mount Prospect, IL

What is it like to live in Mount Prospect?

Mount Prospect offers a suburban lifestyle with a variety of housing options, from single-family homes to townhouses. It is well-connected through public transportation and highways, making commuting to Chicago convenient. Residents enjoy access to quality schools, parks, and a vibrant downtown area with shops and restaurants.

What is it like to live in Mount Prospect?

Is Mount Prospect expensive?

Mount Prospect has a cost of living higher than the national average, with real estate prices influenced by factors such as neighborhood and proximity to amenities. Housing options range from mid-priced single-family homes to more affordable condos, especially in areas further from the downtown core.

Is Mount Prospect expensive?

How much is a condo in Mount Prospect?

In Mount Prospect, the average price for a condo typically ranges from $200,000 to $350,000, depending on location and unit specifics. Properties closer to downtown or in desirable areas may feature higher price tags.

How much is a condo in Mount Prospect?

What are the safest neighborhoods in Mount Prospect?

Mount Prospect is generally known for its family-friendly neighborhoods with low crime rates, such as the Busse Woods area and Lions Park, both offering good schools and community amenities.

What are the safest neighborhoods in Mount Prospect?

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