What is the median home price in Colonial Heights, Mount Prospect?

The median home price in Colonial Heights is $509,250, up 17% year-over-year. Homes sell in a median of 88 days. The sale-to-list ratio is 99.26%.

How much does it cost to sell a home in Colonial Heights?

On a $509,250 home in Colonial Heights, a traditional agent charges around 3% — about $15,278. With Ridley Essentials ($999) or Ridley Pro ($3,499), you save $11,779 while getting MLS listing and expert support.

How long does it take to sell a home in Colonial Heights?

The median home in Colonial Heights spends 88 days on market. 50% of listings go pending within two weeks. 4 homes sold recently in this neighborhood.

Is Colonial Heights a good neighborhood to sell in right now?

Colonial Heights had 4 homes sell recently at a median of $509,250. Sellers are getting 99.26% of their asking price. 25% of homes sold above list price. Ridley's flat fee means you keep more regardless of market conditions.

National/Illinois/Mount Prospect

Colonial Heights · Mount Prospect, IL

Is Now a Good Time to Sell in Colonial Heights, Mount Prospect?

The median home in Colonial Heights sells for $509,250 with prices up 17% year-over-year. Ridley's flat fee saves you $11,779.

Colonial Heights Real Estate Market Conditions

68out of 100

Ridley Sell Score

How it's scored →

Moderate

68/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The Colonial Heights market is balanced — neither strongly favoring buyers nor sellers. Accurate pricing is key: overpriced homes will sit, but correctly priced listings are still moving. Focus on presentation and pricing strategy to stand out. Sellers who prepare well can still achieve strong results.

Inventory TightnessNeutral

4 months of supply — near the balanced threshold of 5 months. Illinois average is 2.9.

Price MomentumFavors sellers

Prices up 17.33870968% year-over-year — vs. +8% statewide.

Seller LeverageFavors sellers

Homes selling at 99.26% of asking — buyers are negotiating 0.7% below list. Illinois average is 98.1%.

Bidding ActivityNeutral

25% of homes selling above list price — 1% above the Illinois average of 24.7%.

Sale SpeedFavors buyers

88 median days on market — 29 days slower than the Illinois average.

Market UrgencyFavors sellers

50% of listings go pending within 2 weeks — vs. 38.4% statewide.

Price StabilityFavors sellers

Only 0% of listings have dropped their price — sellers are holding firm. Illinois average is 18.2%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

$509,250

+17%

Days on Market

Price per Sq Ft

$269

Sale-to-List Ratio

99.26%

Homes Sold

Sold Above List

25%

Pending in 2 Weeks

50%

Source: public market records

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Personalized pricing signals, demand shifts, and Sell Score changes for Mount Prospect — delivered monthly.

Your savings

How much can you save selling in Colonial Heights?

$0Estimated savings

That's a dream family vacation — save 2.3% of your home value

Your Colonial Heights home value

$509,250

$50,000$10M

Traditional Agent (3%)

$15,278

Ridley Pro (flat fee)

$3,499

Ready to sell in Colonial Heights?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

Cost to sell in Colonial Heights

	Traditional Agent	Best valueRidley Pro	Ridley Essentials
Listing fee	$15,278	$3,499	$999
Buyer agent	$14,2592.8% avg	$10,185~2% avg	$10,185~2% avg
Closing costs (~1.5%)	$7,639	$7,639	$7,639
Total cost	$37,176	$21,323	$18,823
You save	—	$11,779	$14,279

Based on the Colonial Heights median home price of $509,250. Ridley buyer agent commission reflects the average ~2% BAC offered by Ridley sellers.

How to sell your house and save on commission in Colonial Heights

A flat fee of $3,499 instead of the typical $15,278 commission — with a dedicated agent at every step.

AI + expert price your home

AI-powered comps reviewed by your dedicated agent — using Colonial Heights market data so you list at the right price.

AI prepares your home

AI walk-through identifies what to fix, stage, and photograph. Your agent advises on what actually moves the needle.

Listed on MLS & 100+ sites

Professional listing syndicated to Zillow, Redfin, and everywhere Colonial Heights buyers look — plus a custom Ridley listing page with AI chat.

Your agent negotiates

Offer comparison, counteroffer strategy, and all back-and-forth with buyers' agents — handled by your dedicated agent.

Close and keep $11,779 more

Contracts, disclosures, deadline tracking, and closing coordination — from accepted offer to keys.

Get Your Selling Strategy

FAQ

Common questions about selling in Colonial Heights

Ready to sell in Colonial Heights?

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