Housing mix

Mount Prospect, IL housing supply, ownership, and rent

What the latest ACS housing mix can and cannot tell buyers and renters comparing options in Mount Prospect, IL.

Source: U.S. Census Bureau

Last updated . Article facts reviewed through this date. Time-sensitive figures show their own as-of dates.

Aerial view of a residential housing development
Photo by Pavel Danilyuk via Pexels

Mount Prospect, IL's current ACS housing baseline includes 22,526 total housing units, 21,600 occupied units, and 926 vacant units. For borrower planning, those counts can help a borrower establish the scale of the measured housing base before comparing tenure, rent, current listings, property condition, and financing. The figures describe stock across the survey period; they do not say that 926 homes were listed for sale or available to rent at one moment. Reading 22,526 total units with 21,600 occupied and 926 vacant units keeps the release internally grounded while leaving live availability to current listing and property evidence.

Vacant units in Mount Prospect, IL decreased from 1,271 in the prior ACS period to 926 in the current release, a reported movement of 27.1%. In the current housing stock, 926 units equal 4.1% of the 22,526 total. ACS vacancy covers several statuses, so the 4.1% share cannot be read as the share of homes a buyer can purchase today or the share of rentals immediately available. In practical terms, the movement from 1,271 to 926 can nevertheless prompt better questions about current for-sale and rental inventory in Mount Prospect, IL, provided those questions are answered with timely listing and property data rather than the survey count alone.