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2024 Compare Cities Housing:
Mount Prospect, IL vs Buffalo Grove, IL

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Highlights
- The median age of a home in Mount Prospect is 26.4% older than the median age of a home in Buffalo Grove.

Housing
 Mount Prospect, ILBuffalo Grove, ILUnited States
 Median Home Age533942
 Median Home Cost$337,700$334,600$338,100
 Home Appr. Last 12 months14.5%14.5%16.6%
 Home Appr. Last 5 yrs.31.8%31.8%57.0%
 Home Appr. Last 10 yrs.54.6%54.6%101.1%
 Property Tax Rate$22.8$28.7$11.0
 Homes Owned65.8%78.1%57.4%
 Housing Vacant5.7%3.1%11.2%
 Homes Rented28.5%18.8%31.4%
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 Avg Rent For Home Or Apartment
 Mount Prospect, ILBuffalo Grove, ILUnited States
 Average Rent$1,980$2,600$1,840
 Studio Apartment$1,270$1,670$1,080
 1 Bedroom Home or Apartment$1,380$1,810$1,180
 2 Bedroom Home or Apartment$1,580$2,080$1,430
 3 Bedroom Home or Apartment$2,010$2,640$1,860
 4 Bedroom Home or Apartment$2,390$3,140$2,160
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 Vacant Housing
 Mount Prospect, ILBuffalo Grove, ILUnited States
 Vacant For Rent1.7%0.7%1.9%
 Vacant Rented0.2%0.0%0.4%
 Vacant For Sale0.9%0.6%0.7%
 Vacant Sold0.0%0.7%0.4%
 Vacant Vacation0.1%0.2%3.6%
 Vacant Other2.9%0.7%4.1%
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 Owner-Occupied Housing Value
 Mount Prospect, ILBuffalo Grove, ILUnited States
 Less Than $20,0000.2%0.5%2.6%
 $20,000 to $39,9990.4%0.6%2.4%
 $40,000 to $59,9990.1%0.0%2.8%
 $60,000 to $79,9990.9%1.0%3.9%
 $80,000 to $99,9991.3%1.4%4.5%
 $100,000 to $149,9995.1%6.6%11.3%
 $150,000 to $199,9997.3%7.1%13.0%
 $200,000 to $299,99921.4%20.5%20.1%
 $300,000 to $399,99936.6%29.5%13.6%
 $400,000 to $499,99916.5%18.3%8.3%
 $500,000 to $749,9999.4%13.7%9.7%
 $750,000 to $999,9990.3%0.7%3.9%
 $1,000,000 to $1,499,9990.3%0.0%2.2%
 $1,500,000 to $1,999,9990.1%0.0%0.8%
 $2,000,000 and over0.1%0.0%1.1%
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 Housing Units By Year Built
 Mount Prospect, ILBuffalo Grove, ILUnited States
 2015 and Newer0.0%0.1%0.2%
 2010 to 20142.2%3.6%13.6%
 2000 to 20092.2%3.6%13.6%
 1990 to 19997.5%19.7%13.6%
 1980 to 19899.8%31.8%13.2%
 1970 to 197923.9%26.7%14.8%
 1960 to 19697.5%19.7%13.6%
 1950 to 195921.4%3.3%10.0%
 1940 to 19492.4%0.0%4.7%
 1939 or Earlier4.1%1.2%12.2%

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Reviews for Mount Prospect    4 Reviews

Over 10 years ago

Because of powerful teachers unions, taxes are always rising and becoming unaffordable.   More

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Over 13 years ago

The PACE bus system is okay here if you want to go to the CTA L station,but getting around to different suburbs is a real  More

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Over 15 years ago

Although Mt. Prospect is incredibly diverse, housing is very expensive and the area doesn't have much charm. There are strip malls and a lot of traffic. The library is  More

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Reviews for Buffalo Grove    7 Reviews

Over 10 years ago

Numerous forest preserve areas with walking paths and places to play sports (baseball, soccer, football). Close driving distance to Lake Michigan and several  More

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nice town to raise a  More

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Over 16 years ago

No place is perfect however BG is at or near the top especially in schooling and crime prevention. Numerous parks and biking paths. A great place to raise a family safe  More

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ZIPS IN MOUNT PROSPECT, ILLINOIS
60056
ZIPS IN BUFFALO GROVE, ILLINOIS
60089

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