The Prospect housing market is very competitive. The median sale price of a home in Prospect was $575K last month, up 17.3% since last year. The median sale price per square foot in Prospect is $153, down 8.1% since last year.
What is the housing market like in Prospect today?
In October 2024, Prospect home prices were up 17.3% compared to last year, selling for a median price of $575K. On average, homes in Prospect sell after 33 days on the market compared to 28 days last year. There were 10 homes sold in October this year, down from 11 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$575,000
+17.3% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Prospect, KY
$575,000
+17.3%
United States
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How hot is the Prospect housing market?
Prospect is very competitive. Homes sell in 31 days.
0
100
78
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 31 days.
Hot homes
can sell for about 1% above list price and go pending in around 9 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Prospect housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Prospect.
Flood Factor - Moderate
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Prospect has a moderate risk of flooding. 182 properties in Prospect are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in Prospect. Flood risk is increasing slower than the national average.
65% of properties are at risk of wildfire over the next 30 years
Fire Factor
Prospect has a moderate risk of wildfire. There are 1,290 properties in Prospect that have some risk of being affected by wildfire over the next 30 years. This represents 65% of all properties in Prospect.
99% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Prospect has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Prospect is most at risk from hurricanes. 1,967 properties in Prospect have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 58 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 63 mph.