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PROSPECT HEIGHTS, IL 60070

Real Estate Market Report  ·  Cook County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The PROSPECT HEIGHTS, IL real estate market (60070) currently shows 40 active listings, with 25 pending sales. Homes are averaging 17 days on the market before going under contract.

Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.

Homes are selling faster, averaging 17 days on market compared to 33 days last year.

The median listing price has risen 10% year-over-year, from $225,000 to $247,475.

Whether you are buying or selling in PROSPECT HEIGHTS, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 15,721  ·  Density: 1,526.8/mi²  ·  Median household income: $84,054

Typical home value: $333,218  ·  Homeownership: 65.6%

Market Overview

Active Listings
40
⇧ 25% vs 32 last year
Pending
25
63% pending ratio
Median Price
$247,475
⇧ 10% vs $225,000 last year
Average Price
$351,883
⇩ 0.4% vs $353,167 last year
Days on Market
17
⇩ 48.5% vs 33 days last year

Price Per Square Foot

Median $/sqft
$218
⇧ 2.8% vs $212/sqft last year
Median Home Size
1,263 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 40 this year vs 32 last year
  • Days on market: 17 now vs 33 last year

Median & Average Pricing

Year over Year
  • Median: $247,475 (+10% YoY)
  • Average: $351,883 (-0.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 8.6 miles — 716 listings ($438,428,892 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60070Prospect Heights, IL 600700.0 mi34$11,799,564$222,500$347,046
60056Mount Prospect, IL 600562.6 mi74$35,623,970$454,750$481,405
60005Arlington Heights, IL 600054.1 mi57$27,156,738$349,725$476,434
60062Northbrook, IL 600624.6 mi115$122,419,570$627,000$1,064,518
60089Buffalo Grove, IL 600894.7 mi69$26,585,700$348,750$385,300
60074Palatine, IL 600745.4 mi67$29,664,987$296,975$442,761
60025Glenview, IL 600256.3 mi79$79,191,733$597,475$1,002,427
60196Schaumburg, IL 601966.6 mi12$7,143,876$578,990$595,323
60007Elk Grove Village, IL 600077.2 mi55$20,322,225$359,000$369,495
60018Des Plaines, IL 600187.6 mi32$21,159,840$539,750$661,245
60714Niles, IL 607147.9 mi54$23,390,424$406,150$433,156
60053Morton Grove, IL 600538.3 mi65$33,220,265$479,900$511,081
60195Schaumburg, IL 601958.6 mi3$750,000$250,000$250,000

Frequently Asked Questions

How many homes are for sale in PROSPECT HEIGHTS, IL 60070?

As of March 2026, there are 40 active listings in PROSPECT HEIGHTS, IL (zip code 60070), compared to 32 the prior year.

What is the median home price in PROSPECT HEIGHTS, IL 60070?

The median listing price in PROSPECT HEIGHTS, IL 60070 is $247,475 as of March 2026, a 10% increase from $225,000 the prior year.

How long do homes stay on the market in PROSPECT HEIGHTS, IL?

Homes in PROSPECT HEIGHTS, IL 60070 spend an average of 17 days on the market before going under contract, compared to 33 days the prior year.

Is it a seller's or buyer's market in PROSPECT HEIGHTS, IL 60070?

Based on current inventory and days-on-market data as of March 2026, PROSPECT HEIGHTS, IL 60070 is currently a Balanced Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are selling faster, averaging 17 days on market compared to 33 days last year.

How much can I save on real estate commission in PROSPECT HEIGHTS, IL?

With SELL123.com's maximum 3% commission, sellers in PROSPECT HEIGHTS, IL 60070 save an estimated $4,950 compared to a typical 5% commission on the median listing price of $247,475. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.