Thinking of selling in Mount Prospect?
Elk Ridge Villas homes have sold for a median of $478,000 over the past year, typically in about 8 days. It's a seller's market. Here's the full picture, and what your home is worth today.
$478,000
Median sale
9
Homes sold
12 mo
23
Avg. days on mkt
$249
Median $/sqft
1
For sale now
~1.3 mo supply
Median price by year
▼ 11.1%A seller's market
Just 1 home for sale against 9 sales a year, roughly 1.3 months of supply, firmly a seller's market.
Prices softening
The median sale price is down about 11.1% year over year, so pricing right matters more than it did a year ago.
$550,000
1403 Birch Drive
4 bd · 2.5 ba · 2,340 sf · 85d · 98% of list
$400,000
1402 Willow Lane
3 bd · 1 ba · 1,040 sf · 4d · 107% of list
$425,000
1822 Catalpa Lane
5 bd · 2 ba · 2,135 sf · 45d · 98% of list
$478,000
1813 Pheasant Trail
3 bd · 2 ba · 1,753 sf · 6d · 100% of list
$535,000
1822 Pheasant Trail
5 bd · 2.5 ba · 2,658 sf · 8d · 97% of list
$502,000
1416 Robert Drive
4 bd · 3.5 ba · 2,020 sf · 39d · 100% of list
$435,000
1422 Robert Drive
3 bd · 1.5 ba · 1,689 sf · 4d · 100% of list
$649,000
905 Palm Drive
4 bd · 2.5 ba · 2,486 sf · 15d · 100% of list
Sold data via MRED MLS. Shown for market reference; information deemed reliable but not guaranteed.
How fast do homes sell in Elk Ridge Villas?
Over the past year, homes in Elk Ridge Villas have gone under contract in about three weeks on average (23 days), with the typical home closing in about 8 days.
What is my Elk Ridge Villas home worth?
Homes here have sold for a median of $478,000 over the last 12 months, around $249 per square foot. Every home is different, so request a free, no-obligation valuation for a figure specific to yours.
Is now a good time to sell in Elk Ridge Villas?
With 1 home for sale against 9 sales a year, about 1.3 months of supply, Elk Ridge Villas is a seller's market. Sellers here have been getting about 100% of list price.
Thinking of selling?
Not a Zestimate. A real CMA from someone who's sold this neighborhood, knows the floor plan premiums, and can tell you which upgrades the buyer pool here actually pays for.
Other communities

Your local agent
Joe has read every one of the 9 homes that sold in Elk Ridge Villas this past year, at a median of $478,000, with the typical home going under contract in under two weeks. Joe knows what today's Elk Ridge Villas buyer will actually pay, and what they won't.
With only 1.3 months of inventory, the risk here isn't finding a buyer; it's underpricing and leaving money on the table. Joe prices off the actual Elk Ridge Villas comps, not a national average, and sellers here have been getting about 100% of list price. Text or call any time for a straight read on your number.