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Today: September 22, 2025

Current Price

$298,397

1 Month Forecast

$366,619

1-Year Forecast *

$400,138

5-Year Forecast *

$522,482

"Is it a good time to buy homes in Prospect Heights?" "Does investing in real estate in Prospect Heights (Illinois State, Cook County) worth it?" According to our live Forecast System, buying a house in Prospect Heights is a very good short-term (1-year) investment*. The Prospect Heights average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Prospect Heights" 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 Prospect Heights in Illinois State, Cook County. If you are looking for homes for sale with good flipping profit, Prospect Heights can be a profitable property investment option. The median price of an average house in Prospect Heights was 298,397 USD on 2025-09-22. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Prospect Heights" area is 522,482 USD by 2030-09-22. For a 5-year investment the profit is expected to be around +75.10% meaning that investing 100000 USD today may yield a profit of 75,097 USD by 2030.

Current Median Listing Price: 298,397 USD Median Listing Price Per Square Foot: 166 USD

Prospect Heights 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.

Prospect Heights (Illinois State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2025-2031

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

Prospect Heights Price Target

Prospect Heights median home price target in 12 months: $400,138* (upside of 34.1%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $356,673 $364,762 $356,673 $364,762
2024 $283,896 $298,397 $283,896 $298,397
2023 $254,690 $282,728 $253,003 $282,728
2022 $240,761 $255,198 $240,761 $255,198
2021 $222,236 $239,104 $222,236 $239,104
2020 $215,010 $220,952 $215,010 $220,952
2019 $215,002 $214,440 $214,156 $215,901
2018 $209,203 $215,350 $209,203 $216,614
2017 $202,779 $208,607 $202,779 $209,966
2016 $194,240 $201,645 $194,240 $201,645
2015 $180,310 $192,492 $180,310 $192,492
2014 $162,628 $179,802 $162,628 $179,802
2013 $138,690 $160,633 $138,690 $160,633
2012 $148,044 $137,106 $136,628 $148,044

Questions & Answers about the Prospect Heights Housing Market Forecast

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

The value of an average home (the listing price) in Prospect Heights is $298,397 USD.

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

According to Walletinvestor the median price per square foot in Prospect Heights is 166 USD.

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

Yes. The Prospect Heights home prices may rise from 298,397 USD to 400,138 USD in one year.

Is it profitable to invest in Prospect Heights homes?

Yes. The long-term profit potential is +34.10% in one year.

Will Prospect Heights house prices fall / drop?

No. See above.

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

The predicted home sales price of a Prospect Heights home in 2030 in Prospect Heights is 522,482 USD.

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

The predicted home sales price of a Prospect Heights home in 2035 in Prospect Heights is 749,408 USD.

Will real estate prices decrease in Prospect Heights?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Prospect Heights is the 3687. largest city in the United States, located in Illinois State.

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

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

Median home values increased by 1.262% to 298,397 USD, between 2024-09-22 and 2025-09-22

The average annual profit of property investment was:

  • 32.746% in 2020
  • 33.696% in 2021
  • 35.516% in 2022
  • 36.076% in 2023
  • 33.106% in 2024
  • 35.186% in 2025

Based on our Prospect Heights real estate market research and report the predicted sales prices will increase by 1,779.989% in the next 10 years.

Over the last 12 months, the value of homes in Prospect Heights fluctuated: increasing 10 times .

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

Below you will find the price predictions for 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Prospect Heights Housing Market Forecast with Real Estate Prices for 2025
August 2025 366619 336190 397049
September 2025 368871 337517 400225
October 2025 371369 346116 396623
November 2025 373528 350369 396687
December 2025 376618 347241 405994
Prospect Heights Housing Market Forecast with Real Estate Prices for 2026
January 2026 380300 349495 411104
February 2026 384695 346226 423165
March 2026 388312 367343 409281
April 2026 392218 353389 431048
May 2026 396206 375999 416412
June 2026 399327 373371 425284
July 2026 400138 362525 437751
August 2026 399860 366272 433449
September 2026 400222 362201 438243
October 2026 401879 376159 427599
November 2026 404664 372696 436633
December 2026 408430 380657 436203
Prospect Heights Housing Market Forecast with Real Estate Prices for 2027
January 2027 413226 388845 437606
February 2027 419181 392772 445589
March 2027 423583 385037 462129
April 2027 426554 392430 460679
May 2027 426975 400929 453020
June 2027 426605 401436 451775
July 2027 425901 390551 461250
August 2027 425668 385230 466106
September 2027 427173 391290 463055
October 2027 428608 406749 450467
November 2027 427755 403373 452137
December 2027 425510 386789 464232
Prospect Heights Housing Market Forecast with Real Estate Prices for 2028
January 2028 424921 383704 466138
February 2028 428054 401515 454594
March 2028 433945 410512 457378
April 2028 440199 404103 476295
May 2028 446543 417517 475568
June 2028 452978 416287 489669
July 2028 458294 418881 497707
August 2028 463113 425601 500625
September 2028 467943 432847 503038
October 2028 471877 443093 500662
November 2028 473826 436868 510784
December 2028 475105 445173 505037
Prospect Heights Housing Market Forecast with Real Estate Prices for 2029
January 2029 477358 442988 511728
February 2029 481471 446323 516618
March 2029 484577 438058 531097
April 2029 486333 461044 511623
May 2029 487373 458131 516616
June 2029 489321 454579 524063
July 2029 491820 444114 539527
August 2029 493983 455946 532020
September 2029 495766 469491 522042
October 2029 498028 472130 523925
November 2029 505205 470851 539559
December 2029 508846 481368 536324
Prospect Heights Housing Market Forecast with Real Estate Prices for 2030
January 2030 511830 460647 563013
February 2030 513313 464035 562591
March 2030 514109 480178 548040
April 2030 514644 470384 558903
May 2030 516662 475329 557995
June 2030 519293 472038 566549
July 2030 522482 486954 558011
August 2030 526022 481836 570208
September 2030 529079 477229 580929
October 2030 533456 482244 584667
November 2030 538671 502580 574762
December 2030 544897 504030 585764
Prospect Heights Housing Market Forecast with Real Estate Prices for 2031
January 2031 550019 501068 598971
February 2031 555553 519997 591108
March 2031 561201 518549 603852
April 2031 565622 532816 598429
May 2031 566770 515194 618346
June 2031 566377 535793 596962
July 2031 566890 510201 623578
August 2031 569237 514590 623883
September 2031 573182 533632 612731
October 2031 578516 521821 635210
November 2031 585308 526777 643839
December 2031 593743 550400 637086
Prospect Heights Housing Market Forecast with Real Estate Prices for 2032
January 2032 599979 549581 650377
February 2032 604188 563103 645272
March 2032 604783 547329 662237
April 2032 604260 570422 638099
May 2032 603262 565256 641267
June 2032 602932 543845 662020
July 2032 605064 570575 639552
August 2032 607097 556101 658093
September 2032 605889 573171 638607
October 2032 602709 560519 644898
November 2032 601874 551317 652432
December 2032 606312 548713 663912
Prospect Heights Housing Market Forecast with Real Estate Prices for 2033
January 2033 614657 564255 665058
February 2033 623514 566775 680254
March 2033 632500 588225 676775
April 2033 641615 585153 698077
May 2033 649145 586827 711463
June 2033 655970 604149 707792
July 2033 662812 600507 725116

> 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.