Condos InMount Prospect, IL

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

Avg. List Price

$289,229 ($215/Sqft.)

Year-Over-Year List Price

6.33%

Total Listings

182

Avg. Days on Market

Avg. Sale Price

$275,324 ($206/Sqft.)

Year-Over-Year Sale Price

10.37%

Total Sold

183

Avg. HOA Fees/Sqft.

$5/monthly

Mount prospect, IL Condo Market Overview

Nestled in the heart of the Northwest suburbs, Mount Prospect offers a warm, welcoming community with a vibrant condo market that caters to diverse lifestyles. With tree-lined streets and a proximity to Chicago's urban amenities, residents enjoy a harmonious blend of convenience and tranquility. From contemporary high-rises that boast scenic views to charming garden-style condos in cozy neighborhoods like Kensington and Harms Woods, there's a home for everyone. The downtown area features a delightful mix of shops and eateries, perfect for exploring on leisurely weekends, while the nearby parks offer ample opportunities for recreation and relaxation. Commuters appreciate the easy access to train services to the city, making it an ideal location for those balancing work and leisure. With its rich community spirit and array of living options, Mount Prospect is not just a place to live – it's a place to thrive!

Condos For Sale In Mount Prospect, IL

Popular Condos Neighborhoods in Mount Prospect, IL

Explore Mount Prospect, IL Neighborhoods

Mount Prospect is a charming suburban enclave celebrated for its picturesque parks, family-friendly atmosphere, and strong sense of community. With a lively downtown area featuring unique shops, diverse dining options, and vibrant local events, this quaint town offers a perfect blend of suburban tranquility and urban convenience, making it an ideal place to live and explore.

Frequently Asked Questions About Mount Prospect, IL

What is it like to live in Mount Prospect?

Mount Prospect features a suburban lifestyle with a strong real estate market, offering various housing options, including single-family homes and townhouses. The community is well-served by public transportation, including Metra train access, and boasts several parks and recreational facilities, contributing to a family-friendly atmosphere.

What is it like to live in Mount Prospect?

Is Mount Prospect expensive?

Mount Prospect has a moderate cost of living, with real estate prices generally lower than the national average. The median home price typically ranges from $300,000 to $400,000, depending on the neighborhood. Commute options are available via the Metra train line, making the area accessible to Chicago.

Is Mount Prospect expensive?

How much is a condo in Mount Prospect?

The average price of a condo in Mount Prospect typically ranges from $150,000 to $300,000, depending on factors such as location, size, and amenities. The market features a mix of newer developments and established properties, appealing to a variety of buyers.

How much is a condo in Mount Prospect?

What are the safest neighborhoods in Mount Prospect?

Safe neighborhoods in Mount Prospect include areas such as Kensington Gardens and the area surrounding the Village Green Park, known for their low crime rates and family-friendly environments. These communities benefit from strong local schools and easy access to public parks and recreational facilities.