Prospect Heights, IL Condo Market Report (In last 12 months)
Avg. List Price
$240,899
($207/Sqft.)
Year-Over-Year List Price
6.88%
Total Listings
110
Avg. Days on Market
52
Avg. Sale Price
$235,170
($201/Sqft.)
Year-Over-Year Sale Price
3.71%
Total Sold
101
Avg. HOA Fees/Sqft.
($5/monthly)
Avg. List Price
$240,899
($207/Sqft.)
Year-Over-Year List Price
6.88%
Prospect Heights, IL Condo Market Report
Avg. List Price
$240,899
($207/Sqft.)
Year-Over-Year List Price
6.88%
Total Listings
110
Avg. Days on Market
52
Avg. Sale Price
$235,170
($201/Sqft.)
Year-Over-Year Sale Price
3.71%
Total Sold
101
Avg. HOA Fees/Sqft.
($5/monthly)
Prospect heights, IL Condo Market Overview
Prospect Heights offers a delightful blend of suburban tranquility and urban conveniences, making it a prime location for condo living. This charming community boasts a diverse array of properties, from modern luxury condos with upscale amenities to more affordable options perfect for first-time buyers. Residents can enjoy scenic views of lush parks and serene lakes, while still being just a short drive from the vibrant energy of nearby metropolitan areas. Neighborhood gems like Old Willow and Kensington are favored for their family-friendly atmosphere and easy access to nature trails, while the convenience of shopping and dining at The Grove strengthens the community's allure. With spacious layouts and inviting balconies, many condos here provide the perfect setting to unwind after a busy day. Embrace the ease and charm of Prospect Heights, where suburban comfort meets a lively lifestyle, making it an ideal place to call home.
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Popular Condos Neighborhoods in Prospect Heights, IL
Explore Prospect Heights, IL Neighborhoods
Prospect Heights is a charming suburban getaway that combines residential tranquility with convenient access to urban amenities. Renowned for its picturesque parks and family-friendly atmosphere, this community fosters a sense of belonging while offering diverse dining options and recreational activities. With a strong focus on outdoor living and a welcoming spirit, it provides an ideal setting for both relaxation and an active lifestyle.
Frequently Asked Questions About Prospect Heights, IL
What is it like to live in Prospect Heights?
Prospect Heights features a suburban atmosphere with affordable housing options, including single-family homes and townhouses. The area is served by several parks and recreational facilities and has convenient access to major highways for commuting to nearby cities.
Is Prospect Heights expensive?
Prospect Heights has a cost of living that is generally in line with the national average, with median home prices around $400,000 to $500,000. The city offers a variety of housing options, and while some areas may be pricier, overall affordability can be found compared to neighboring suburbs.
How much is a condo in Prospect Heights?
The average price of a condo in Prospect Heights typically ranges from $150,000 to $300,000, depending on factors such as size, amenities, and location within the city. The market is characterized by a mix of newer constructions and established developments, providing various options for buyers.
What are the safest neighborhoods in Prospect Heights?
Prospect Heights is recognized for its low crime rates, with neighborhoods like Willow Heights and the areas surrounding the Prospect Heights Park District considered among the safest. The city features a suburban feel with family-friendly amenities and access to parks, contributing to a secure living environment.
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