The median home in Prospect Heights, Illinois is valued at $350,706, up 5.7% year over year. Prospect Heights is part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$350,706

+5.7%

Prices rising — worse for buyers.

Affordability

Enter your income for Prospect Heights.

Income (annual)

Down Payment

$70,141 on $350,706

Example: $75,000 household income. Change it above to see your own.

Out of reach41.2% of income

Need $110,357/yr to afford.

PITI$2,575

P/I41.2%

Afford$238K

Gap-$112K

P&I $1,773Tax $652Ins $150

6.50% 30yr, 20% down, county tax + IL ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Illinois

Compare Prospect Heights with other housing markets across Illinois.

Kenilworth$1.93M Winnetka$1.73M Glencoe$1.51M Bannockburn$1.22M Golf$1.19M Hinsdale$1.18M Lake Forest$1.14M South Barrington$1.08M

Full Chicago-Naperville-Elgin, IL-IN-WI analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Chicago-Naperville-Elgin, IL-IN-WI metro.

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Prospect Heights, IL