Current Price

$397,441

1 Month Forecast

â–² $438,763

1-Year Forecast *

â–² $457,293

5-Year Forecast *

â–² $553,894

"Is it a good time to buy homes in Mount Prospect?" "Does investing in real estate in Mount Prospect (Illinois State, Cook County) worth it?" According to our live Forecast System, buying a house in Mount Prospect is a good short-term (1-year) investment*. The Mount Prospect average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Mount Prospect" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Mount Prospect in Illinois State, Cook County. If you are looking for homes for sale with good flipping profit, Mount Prospect can be a profitable property investment option. The median price of an average house in Mount Prospect was 397,441 USD on 2026-02-16. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Mount Prospect" area is 553,894 USD by 2031-02-16. For a 5-year investment the profit is expected to be around +39.37% meaning that investing 100000 USD today may yield a profit of 39,365 USD by 2031.

Current Median Listing Price: 397,441 USD Median Listing Price Per Square Foot: 221 USD

Mount Prospect Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Mount Prospect (Illinois State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Mount Prospect Price Target

Mount Prospect median home price target in 12 months: $457,293* (upside of 15.1%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $425,223 $436,007 $425,223 $436,007
2024 $374,359 $397,441 $374,359 $397,441
2023 $349,976 $373,023 $349,976 $373,023
2022 $332,684 $349,956 $332,684 $356,234
2021 $309,149 $330,212 $309,149 $330,212
2020 $294,539 $305,981 $294,539 $305,981
2019 $298,251 $293,464 $293,464 $299,476
2018 $297,917 $298,615 $297,917 $306,538
2017 $287,831 $295,615 $287,831 $295,615
2016 $275,028 $286,365 $275,028 $286,365
2015 $261,548 $272,581 $261,212 $272,581
2014 $246,592 $261,692 $246,592 $261,692
2013 $216,689 $244,733 $216,689 $244,733
2012 $218,133 $215,263 $213,737 $218,133

Questions & Answers about the Mount Prospect Housing Market Forecast

How much does an average home cost in Mount Prospect today?

The value of an average home (the listing price) in Mount Prospect is $397,441 USD.

What is the average price per square foot in Mount Prospect?

According to Walletinvestor the median price per square foot in Mount Prospect is 221 USD.

Will the median listing price of homes in Mount Prospect grow / rise / go up?

Yes. The Mount Prospect home prices may rise from 397,441 USD to 457,293 USD in one year.

Is it profitable to invest in Mount Prospect homes?

Yes. The long-term profit potential is +15.06% in one year.

Will Mount Prospect house prices fall / drop?

No. See above.

What is the predicted price of a Mount Prospect home in 2030?

The predicted home sales price of a Mount Prospect home in 2030 in Mount Prospect is 524,852 USD.

What is the predicted price of a Mount Prospect home in 2035?

The predicted home sales price of a Mount Prospect home in 2035 in Mount Prospect is 666,540 USD.

Will real estate prices decrease in Mount Prospect?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Mount Prospect is the 1012. largest city in the United States, located in Illinois State.

During the last 12 months the real estate prices in Cook, Mount Prospect decreased, looking at the past 12 months.

According to Walletinvestor's Mount Prospect real estate market research, home values will increase in the next 12 months.

Median home values decreased by 6.961% to 397,441 USD, between 2025-02-16 and 2026-02-16

The average annual profit of property investment was:

  • 15.649% in 2021
  • 14.819% in 2022
  • 15.149% in 2023
  • 15.129% in 2024
  • 13.119% in 2025
  • 14.719% in 2026

Based on our Mount Prospect real estate market research and report the predicted sales prices will increase by 306.645% in the next 10 years.

Over the last 12 months, the value of homes in Mount Prospect fluctuated: increasing 5 times .

Mount Prospect (Illinois) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Mount Prospect Housing Market Forecast with Real Estate Prices for 2025
August 2025 438763 412438 465089
September 2025 441537 411071 472003
October 2025 444328 404339 484318
November 2025 447137 417179 477096
December 2025 449815 405733 493897
Mount Prospect Housing Market Forecast with Real Estate Prices for 2026
January 2026 451259 428696 473822
February 2026 450814 424667 476961
March 2026 450325 422855 477795
April 2026 450126 407364 492888
May 2026 451565 412279 490852
June 2026 454420 430336 478504
July 2026 457293 423453 491133
August 2026 460184 426130 494237
September 2026 463093 430676 495509
October 2026 466021 430137 501904
November 2026 468967 426291 511643
December 2026 469112 422670 515555
Mount Prospect Housing Market Forecast with Real Estate Prices for 2027
January 2027 467538 430135 504941
February 2027 465766 428505 503027
March 2027 464000 424096 503905
April 2027 462796 438268 487325
May 2027 463093 428824 497362
June 2027 463119 438111 488128
July 2027 464175 420079 508272
August 2027 465815 442524 489105
September 2027 468760 434540 502979
October 2027 471723 435872 507574
November 2027 474705 446697 502713
December 2027 477706 449521 505891
Mount Prospect Housing Market Forecast with Real Estate Prices for 2028
January 2028 480726 448998 512454
February 2028 483765 447483 520047
March 2028 486612 445736 527487
April 2028 489000 461616 516384
May 2028 491246 457350 525142
June 2028 493005 466383 519627
July 2028 495846 464608 527084
August 2028 498980 461058 536903
September 2028 502135 460458 543812
October 2028 505309 479033 531585
November 2028 507262 463130 551394
December 2028 508496 465783 551210
Mount Prospect Housing Market Forecast with Real Estate Prices for 2029
January 2029 509770 474596 544944
February 2029 511647 478902 544393
March 2029 513532 484261 542804
April 2029 516239 475456 557022
May 2029 519170 469329 569010
June 2029 522452 492672 552231
July 2029 524852 479715 569989
August 2029 526828 476253 577404
September 2029 529221 481062 577380
October 2029 531309 482960 579658
November 2029 532902 484408 581396
December 2029 535701 508381 563022
Mount Prospect Housing Market Forecast with Real Estate Prices for 2030
January 2030 539088 487336 590841
February 2030 542496 489331 595661
March 2030 545926 499522 592329
April 2030 549377 515315 583438
May 2030 552667 523375 581958
June 2030 554441 498997 609885
July 2030 553894 525091 582696
August 2030 553294 512350 594237
September 2030 553049 523185 582914
October 2030 554817 514870 594764
November 2030 558325 506401 610249
December 2030 561854 518030 605679
Mount Prospect Housing Market Forecast with Real Estate Prices for 2031
January 2031 565406 518478 612335
February 2031 568981 527445 610516
March 2031 572578 536505 608650
April 2031 576197 522035 630360
May 2031 576376 529114 623639
June 2031 574442 524465 624418
July 2031 572265 531634 612895
August 2031 570096 524488 615703
September 2031 568616 512892 624341
October 2031 568981 537118 600844
November 2031 569013 523492 614534
December 2031 570311 513280 627342
Mount Prospect Housing Market Forecast with Real Estate Prices for 2032
January 2032 572325 542564 602086
February 2032 575943 533899 617987
March 2032 579584 533797 625371
April 2032 583248 548836 617660
May 2032 586935 545850 628021
June 2032 590646 542803 638488
July 2032 594379 549207 639552

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.