Prospect Heights
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Prospect Heights Real Estate
Prospect Heights originally began as a planned residential community with affordable housing for Depression-scarred families. Property values in the area have appreciated immensely over the years and now the suburb offers a good selection of single-family homes between $250,000 and $1 million+. There is also a supply of condos and townhouses for sale in Prospect Heights with listing prices between $70,000 and $400,000.
Million-dollar residences in Prospect Heights are basically mansions on sprawling lots with elegant floor plans and three-car attached garages. Less costly real estate presents mostly single-story and split-level houses with two, three and four bedrooms. Some of these are older homes, but many have been renovated and rehabbed to provide like-new accommodations for new home buyers. Ranches and '60s style architecture is common in Prospect Heights, due to a boom in construction around that time period. Mid-priced real estate here includes some larger, two-story abodes with generous-sized lots and beautiful front and back yard trees.
Prospect Heights market trends
Average sales price
The average sale price of a home in Prospect Heights is represented by the chart to the right. The red line indicates the average price based on the total time frame selected in the drop-down window. The blue line indicates the average sale price for the particular month within that time frame. For more detailed information on Prospect Heights sign up for the trends report below or contact your Dream Town broker.
Average market time
The average number of days a home in Prospect Heights spends listed for sale is represented by the chart to the right. The red line indicates the average number of days based on the total time frame selected in the drop-down window. The blue line indicates the average number of days a home spent on market during the particular month within that time frame. For more detailed information on average market listing times in Prospect Heights sign up for the trends report below or contact your Dream Town broker.
Sales price vs. list price
The average sale price of a home compared to its listing price in Prospect Heights is represented by the chart to the right. The black line indicates the baseline listing price for homes during the time frame selected in the drop-down. The red line indicates the difference between the average listing price and the average sale price during the particular month within that time frame. For more detailed information on Prospect Heights sign up for the trends report below or contact your Dream Town broker.
Number of listings
The total number of listings in Prospect Heights is represented in the chart to the right. The red line represents average number of days based on the total time frame selected in the drop-down window The blue bar represents the current number of listings during the particular month of that time frame. For more detailed information on Prospect Heights sign up for the trends report below or contact your Dream Town broker.
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Thinking about making a move? Be prepared with a comprehensive look at the area market, delivered directly to your email every month. And don’t forget to contact your Dream Town broker if you’d like to discuss what this data means for your next move!