The Prospect Heights housing market is very competitive. Homes in Prospect Heights receive 4 offers on average and sell in around 52 days. The median sale price of a home in Prospect Heights was $408K last month, up 26.8% since last year. The median sale price per square foot in Prospect Heights is $223, down 11.5% since last year.
What is the housing market like in Prospect Heights today?
In July 2025, Prospect Heights home prices were up 26.8% compared to last year, selling for a median price of $408K. On average, homes in Prospect Heights sell after 52 days on the market compared to 45 days last year. There were 22 homes sold in July this year, up from 20 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$407,500
+26.8% YoY | Jul 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jul 2025
Growth
% YoY
Prospect Heights, IL
$407,500
+26.8%
United States
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How hot is the Prospect Heights housing market?
Prospect Heights is very competitive. Homes sell in 43.5 days.
0
100
75
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 44 days.
Hot homes
can sell for about 3% above list price and go pending in around 33 days.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jul 2025
Growth
% YoY
Prospect Heights, IL
99.4%
-2.4 pt
United States
Prospect Heights Migration & Relocation Trends
In Jun '25 - Aug '25, 19% of Prospect Heights homebuyers searched to move out of Prospect Heights, while 81% looked to stay within the metropolitan area.
Where are people moving to Prospect Heights from?
Across the nation, 3% of homebuyers searched to move into Prospect Heights from outside metros.
Peoria homebuyers searched to move into Prospect Heights more than any other metro followed by Rockford and St. Louis.
Where are people from Prospect Heights moving to?
81% of Prospect Heights homebuyers searched to stay within the Prospect Heights metropolitan area.
Phoenix was the most popular destination among Prospect Heights homebuyers followed by Milwaukee and Cape Coral.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Prospect Heights
Explore recent offers and recently sold homes in Prospect Heights
Recent offers
Offer Not Accepted|
6 Weeks Ago
~$550K Offer
Sold for $500K
4bd | 2ba | ~2,250sqft
Under List Price
9%
Days on Market
28
Competing Offers
1
Offer
All Cash
Marta Lazic
Prospect Heights Redfin Agent
View houses in Prospect Heights that sold recently
Recently sold homes
SOLD SEP 12, 2025
VIDEO TOUR
$227,000 Last Sold Price
3 beds
2 baths
1,361 sq ft
818 E Old Willow Rd #101, Prospect Heights, IL 60070
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Prospect Heights housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Prospect Heights.
Flood Factor - Moderate
36% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Prospect Heights has a moderate risk of flooding. 1,544 properties in Prospect Heights are likely to be
severely affected
by flooding over the next 30 years. This represents 36% of all properties in Prospect Heights. Flood risk is increasing slower than the national average.
1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Prospect Heights has a moderate risk of wildfire. There are 89 properties in Prospect Heights that have some risk of being affected by wildfire over the next 30 years. This represents 1% of all properties in Prospect Heights.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Prospect Heights has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Prospect Heights is most at risk from hurricanes. 7,259 properties in Prospect Heights have some risk of being in a severe wind event within the next 30 years.
83% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Prospect Heights has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 83% of homes in Prospect Heights have a Moderate Heat Factor®.
Prospect Heights is expected to see a 100% increase in the number of days over 99ºF over the next 30 years. Prospect Heights is expected to experience 7