Comprehensive market data and analysis• Updated Oct 2026
999.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 2 | 2 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 2 | 2 |
Acreage buckets
The median price for land in Mount Prospect, Illinois is currently $1.1M per acre. For a typical parcel, the median sale price is $310K. Recently, the cheapest land sold for $310K while premium lots reached $310K.
Land in Mount Prospect, Illinois averages $1.1M per acre. The median price per acre is $1.1M, which may be more representative of typical transactions. Most parcels sold are around 11,761 sq ft.
The 12-month rate is 5.6%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The median land price in Mount Prospect, Illinois stands at $310K. This translates to roughly $1.1M per acre for the typical parcel size.
There are currently 3 active listings in Mount Prospect, Illinois. The median asking price is $2.2M.
The top-performing broker in this market is Keller Williams Success Realty.
Over the past 12 months, Mount Prospect, Illinois saw 2 properties sold, totaling $620K in sales volume.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Mount Prospect on LandyDandy.
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