Altos Market Data for Realtors
Mount Prospect, IL 60056
Single-Family Homes
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Mount Prospect, IL 60056
Thu Jun 19 2025
This week the median list price for Mount Prospect, IL 60056 is $589,200 with the market action index hovering around 82. This is less than last month's market action index of 87. Inventory has held steady at or around 26.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Market Narrative
The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices
Real-Time Market Profile
| Median List Price | $589,200 | |
| Median Price of New Listings | $669,000 | |
| Per Square Foot | $249 | |
| Average Days on Market | 51 | |
| Median Days on Market | 32 | |
| Price Decreased | 54% | |
| Price Increased | 4% | |
| Relisted | 31% | |
| Inventory | 26 | |
| Median Rent | ||
| Market Action | 82 | |
| Strong Seller's Market | ||
You can see that prices in this zip code are marching upward and that we’re getting close to the market’s all time high. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $720,000 | 2,898 | 8,000 - 10,000 sqft | 4 | 2.5 | 59 | 4 | 1 | 0 |
| $604,950 | 2,415 | 0 - 4,500 sqft | 4 | 2.8 | 61 | 1 | 2 | 105 |
| $565,000 | 2,249 | - | 4 | 2 | 60 | 1 | 1 | 21 |
| $427,400 | 1,475 | 0 - 4,500 sqft | 3 | 2 | 59 | 0 | 6 | 42 |