Prospect Heights, IL Real Estate Market Summary – September 7, 2026

In Prospect Heights, IL, the real estate market saw 18 homes sold over the last 30 days, averaging 0.6 homes per day. The average sale price was $363,639, with properties typically remaining on the market for about 17 days before closing.

Metric 30 Days
Number Sold 18
Sold Per Day 1 every 1.67 days
Average SQFT 1501
Median Sales Price $387,500
Average Sales Price $363,639
Average Price Per SQFT $237
Average Days on Market 17
Average Year Built 1968

 

Prospect Heights, IL Single Family Home Analysis

In the single-family home segment, 7 homes sold, with an average price of $503,714. These properties, which have an average living area of 1,994 square feet, remained on the market for an average of 17 days.

Metric 30 Days
Number Sold 7
Sold Per Day 1 every 4.29 days
Average SQFT 1994
Median Sales Price $500,000
Average Sales Price $503,714
Average Price Per SQFT $274
Average Days on Market 17
Average Year Built 1956

 

Prospect Heights, IL Condo & Townhome Analysis

The condo and townhome market experienced 11 sales, featuring an average sale price of $274,500. These homes offered an average living area of 1,232 square feet and were on the market for approximately 17 days before being sold.

Metric 30 Days
Number Sold 11
Sold Per Day 1 every 2.73 days
Average SQFT 1232
Median Sales Price $230,000
Average Sales Price $274,500
Average Price Per SQFT $217
Average Days on Market 17
Average Year Built 1975

 

Buyer & Seller Analysis

  • Listing pace was 1 every 1.67 days overall.
  • Single-family homes had a listing pace of 1 every 4.29 days.
  • Condo and townhome listings appeared at a pace of 1 every 2.73 days.
  • Homes typically stayed on the market for around 17 days before a sale.
  • Sale prices are not disclosed by state law.

Conclusion

Overall, the market in Prospect Heights reflects a steady activity level with consistent days on market and a variety of options across segments. The average prices vary significantly between single-family homes and condo/townhome properties.

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