How much does it cost to buy a house in Colonial Heights Mount Prospect, IL?

In July 2026 Colonial Heights homes were listed to buy for a median price of $789K, The median value of a home listed to buy in Colonial Heights in July 2026 was $239 per sqft, which is a 20% decrease to June 2025 last month, and a 20% decrease to July 2025 last year.

Is it affordable or expensive to live in Colonial Heights Mount Prospect, IL?

It is expensive to live in Colonial Heights. Buying a home in Colonial Heights is 2% more expensive compared with the national average.

Is it a good time to buy property in Colonial Heights Mount Prospect, IL?

Yes now is a good time to buy property in Colonial Heights, in July 2026, homes in Colonial Heights have decreased in value (price per sqft) by 20% in the last year compared with July 2025.

Is the Colonial Heights Mount Prospect, IL housing market slowing down?

The housing market in Colonial Heights is slowing down. In July 2026, homes to buy in Colonial Heights spent an median 7 days on the market, a 74% decrease from July 2025 last year.

What are the best and safest places to live in Colonial Heights Mount Prospect, IL?

The best and safest neighborhoods to live in Colonial Heights in July 2026 are Royal Ridge, Carillon Club, Sauganash, Edison Park, Lake View, Jefferson Park, Lower West Side, Norwood Park, Beverly, Grand Dominion, Galewood, Garfield Ridge, Grand Boulevard, Mount Greenwood, South Lawndale, Ancient Tree, Hyde Park, Rogers Park, Meadow Ridge, Willow Lakes Estates

How much money should I make to buy a house in Colonial Heights Mount Prospect, IL?

In July 2026, Colonial Heights homes were listed to buy for a median price of $789K, with 25% down you would need $5.19K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $178K.

Is it a good time to sell my house in Colonial Heights Mount Prospect, IL?

Yes now is a good time to sell your house in Colonial Heights, in July 2026, homes in Colonial Heights have decreased in value (price per sqft) by 20% in the last year compared with July 2025.