Mount Prospect, IL 60056 Real Estate & Property Data

Mount Prospect, IL 60056 Real Estate Market Trends
Last Updated: April 20, 2024

A total of 664 residential properties have been sold over the past 12 months in 60056. With a median sales price of $403,000 in 60056 and a total of 1 foreclosures in Mount Prospect, IL 60056. Discover market trends and get the granular level real estate data for Mount Prospect, IL 60056 to keep your pulse on the housing market. Curate compelling home reports for Mount Prospect, IL 60056 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Mount Prospect, IL 60056 Real Estate Market Trends
Total Residential Properties 17,392
Total Commercial Properties 516
Avg. Home Age (Single Family Home) 62 Years
Avg. Square Feet (Single Family Home) 1,713
Total 2024 Residential Sales (year-to-date) 70
% of Homes Seriously Underwater (Q2 2024) 0.99%
Total 2023 Residential Sales 633
% of Equity Rich Homes (Q2 2024) 39.12%
Effective 2023 Property Tax 1.99%
Total Foreclosure Filings (year-to-date) 2
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Mount Prospect, IL 60056 Real Estate Overview

There were 664 residential properties sold in the past year in Mount Prospect, IL 60056. The median home value in Mount Prospect, IL 60056 is $360,733. There are a total of 17,392 residential properties in the 60056.

Median Sales Price i
$403,000
(Feb 2024)
-8.4%
year-over-year
y-o-y
  • February '24 Feb '24 $403,000
  • January '24 Jan '24 $451,000
  • December '23 Dec '23 $400,000
  • November '23 Nov '23 $457,000
  • October '23 Oct '23 $415,500
  • September '23 Sep '23 $425,000
  • August '23 Aug '23 $432,500
  • July '23 Jul '23 $430,000
  • June '23 Jun '23 $472,000
  • May '23 May '23 $435,000
  • April '23 Apr '23 $415,000
  • March '23 Mar '23 $425,000
Median Down Payment i
$85,500
(Feb 2024)
+14.8%
year-over-year
y-o-y
  • February '24 Feb '24 $85,500
  • January '24 Jan '24 $95,500
  • December '23 Dec '23 $72,400
  • November '23 Nov '23 $100,000
  • October '23 Oct '23 $83,100
  • September '23 Sep '23 $69,250
  • August '23 Aug '23 $63,625
  • July '23 Jul '23 $76,500
  • June '23 Jun '23 $90,000
  • May '23 May '23 $87,250
  • April '23 Apr '23 $63,000
  • March '23 Mar '23 $55,750
Number of Homes Sold i
31
(Feb 2024)
+34.8%
year-over-year
y-o-y
  • February '24 Feb '24 31
  • January '24 Jan '24 39
  • December '23 Dec '23 58
  • November '23 Nov '23 43
  • October '23 Oct '23 40
  • September '23 Sep '23 64
  • August '23 Aug '23 63
  • July '23 Jul '23 64
  • June '23 Jun '23 69
  • May '23 May '23 74
  • April '23 Apr '23 52
  • March '23 Mar '23 44
Number of Purchase Loans i
19
(Feb 2024)
+26.7%
year-over-year
y-o-y
  • February '24 Feb '24 19
  • January '24 Jan '24 36
  • December '23 Dec '23 42
  • November '23 Nov '23 31
  • October '23 Oct '23 27
  • September '23 Sep '23 43
  • August '23 Aug '23 53
  • July '23 Jul '23 47
  • June '23 Jun '23 57
  • May '23 May '23 49
  • April '23 Apr '23 39
  • March '23 Mar '23 34
Number of REFI Loans i
11
(Feb 2024)
+37.5%
year-over-year
y-o-y
  • February '24 Feb '24 11
  • January '24 Jan '24 14
  • December '23 Dec '23 14
  • November '23 Nov '23 12
  • October '23 Oct '23 17
  • September '23 Sep '23 8
  • August '23 Aug '23 12
  • July '23 Jul '23 13
  • June '23 Jun '23 17
  • May '23 May '23 19
  • April '23 Apr '23 19
  • March '23 Mar '23 9
Number of HELOC Loans i
9
(Feb 2024)
+12.5%
year-over-year
y-o-y
  • February '24 Feb '24 9
  • January '24 Jan '24 15
  • December '23 Dec '23 13
  • November '23 Nov '23 10
  • October '23 Oct '23 9
  • September '23 Sep '23 12
  • August '23 Aug '23 13
  • July '23 Jul '23 15
  • June '23 Jun '23 17
  • May '23 May '23 25
  • April '23 Apr '23 12
  • March '23 Mar '23 16

Mount Prospect, IL 60056 Foreclosure Activity

There were a total of 1 Mount Prospect, IL 60056 properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 1 Mount Prospect, IL 60056 properties and repossessed 1 Mount Prospect, IL 60056 properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
1
(Feb 2024)
-66.7%
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 1
  • December '23 Dec '23 N/A
  • November '23 Nov '23 1
  • October '23 Oct '23 5
  • September '23 Sep '23 N/A
  • August '23 Aug '23 4
  • July '23 Jul '23 2
  • June '23 Jun '23 10
  • May '23 May '23 7
  • April '23 Apr '23 4
  • March '23 Mar '23 5
Foreclosure Starts i
1
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 1
  • July '23 Jul '23 2
  • June '23 Jun '23 5
  • May '23 May '23 5
  • April '23 Apr '23 4
  • March '23 Mar '23 3
Completed Foreclosures (REOs) i
1
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 1
  • July '23 Jul '23 1
  • June '23 Jun '23 2
  • May '23 May '23 N/A
  • April '23 Apr '23 1
  • March '23 Mar '23 N/A
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