From April to June, 253 homes sold in Mount Prospect for a median price of $295,000. That's 2.9 percent lower than median home sale prices for the second quarter of 2017.
In the second quarter, 7 homes in Mount Prospect were in foreclosure.
Median property tax for homeowners in Mount Prospect was $7,346.71 in 2017 according to tax data from that year. That means homeowners pay 2.4 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.
Mount Prospect real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
100
$298,935
-
2010
159
$281,580
-5.8%
2011
123
$254,250
-9.7%
2012
158
$235,440
-7.4%
2013
194
$244,080
3.7%
2014
207
$259,700
6.4%
2015
190
$280,900
8.2%
2016
237
$304,500
8.4%
2017
225
$303,960
-0.2%
2018
253
$295,000
-2.9%
Median property tax
Median sale price
Effective property tax rate
2009
$6,931.15
$298,935
2.3%
2010
$6,415.14
$281,580
2.3%
2011
$6,996.63
$254,250
2.8%
2012
$6,947.57
$235,440
3%
2013
$6,193.12
$244,080
2.5%
2014
$6,257.98
$259,700
2.4%
2015
$6,572.09
$280,900
2.3%
2016
$6,761.85
$304,500
2.2%
2017
$7,346.71
$303,960
2.4%
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