Prospect Heights, IL

Balanced market+3.1% YoY

Housing market overview · Updated weekly

$206,250median sale price

Homes sold

14

Last 12 weeks

Days on market

56

Average pace

Active listings

30

2.1 months supply

Sale-to-list

98.3%

Below asking

The Prospect Heights housing market is currently classified as a balanced market with a median sale price of $206,250. Prices have risen 3.1% compared to last year, with homes spending an average of 56 days on market, indicating 2.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Prospect Heights

There are currently 30 homes listed for sale in Prospect Heights, Illinois. The median listing price is $287K.

Active listings

30

Homes on market

Median list price

$287K

Avg. days on market

56

Days until sale

New this week

17

Newly listed

Price drops:13.3%of listings
Sale-to-list:98.3%

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Frequently asked questions

What is the average home price in Prospect Heights?

The median home sale price in Prospect Heights is $206,250, up 3.1% from last year.

How long do homes stay on market in Prospect Heights?

Homes typically spend 56 days on market before going under contract.

Is Prospect Heights a buyer's or seller's market?

With 2.1 months of supply, Prospect Heights is currently a balanced market.

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