Zip 60056 (Mount Prospect, IL) Housing

The housing market in 60056 Mount Prospect, IL is strong, with a median value of $341,400 - slightly higher than the US median value of $338,100. Over the past year, houses in this area have appreciated by 8.83%, just slightly above the national average of 8.27%. With a stable and increasing market combined with easy access to amenities and local businesses, it's no surprise that 60056 Mount Prospect is an attractive place to live for home buyers.

The median home cost in Mount Prospect (zip 60056) is $341,400. Home appreciation the last 10 years has been 54.6%. Home Appreciation in Mount Prospect (zip 60056) is up 14.5%.

Average Age of Homes

- The median age of Mount Prospect (zip 60056) real estate is 49 years old

The Rental Market in Mount Prospect (zip 60056)

- Renters make up 26.6% of the Mount Prospect (zip 60056) population
- 1.7% of houses and apartments in Mount Prospect (zip 60056), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Mount Prospect, Illinois	United States
	23,109.0	139,647,020.0
	53	42
	$341,400	$338,100
	14.5%	16.6%
	31.8%	57.0%
	54.6%	101.1%
	$22.70	$10.98
	$7,628	$2,690
	65.8%	57.4%
	5.7%	11.2%
	28.5%	31.4%
Vacant Housing
	1.7%	1.9%
	0.2%	0.4%
	0.9%	0.7%
	0.0%	0.4%
	0.1%	3.6%
	2.9%	4.1%
Value of Owner-Occupied Housing
	0.2%	2.6%
	0.4%	2.4%
	0.1%	2.8%
	0.9%	3.9%
	1.3%	4.5%
	5.0%	11.3%
	7.4%	13.0%
	21.4%	20.1%
	36.9%	13.6%
	16.3%	8.3%
	9.4%	9.7%
	0.3%	3.9%
	0.3%	2.2%
	0.1%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	2.6%	13.6%
	2.6%	13.6%
	7.4%	13.6%
	9.7%	13.2%
	23.7%	14.8%
	7.4%	13.6%
	21.4%	10.0%
	2.6%	4.7%
	4.1%	12.2%

Reviews for Mount Prospect

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Shelby · Mount Prospect, IL

Mount Prospect is great

Over 3 years ago

I’ve lived in Mount Prospect since I was 3 and I’ve never heard about any crime here. Mount Prospect is kept clean, well maintained, people here are good More

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ANNA · Mount Prospect, IL

NEIGHBOHOODS OF MT. PROSPECT

Over 15 years ago

My husband & I and have lived in down town Mt. Prospect since '89, and I run a small business that takes me throughout the Northwest suburbs daily. Mt. Prospect and More