The Prospect Hill housing market is very competitive. The median sale price of a home in Prospect Hill was $2.0M last month, down 17.6% since last year. The median sale price per square foot in Prospect Hill is $499, up 4.3% since last year.
What is the housing market like in Prospect Hill today?
In March 2024, Prospect Hill home prices were down 17.6% compared to last year, selling for a median price of $2.0M. There were 2 homes sold in March this year, down from 3 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$1,975,000
-17.6% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Prospect Hill, MA
$1,975,000
-17.6%
United States
To compare other locations to the Prospect Hill and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Lexington add value to a home.
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How hot is the Prospect Hill housing market?
Prospect Hill is very competitive. Homes sell in 14 days.
0
100
89
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 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 5% above list price and go pending in around 14 days.
Hot homes
can sell for about 19% above list price and go pending in around 9 days.
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 Hill housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Prospect Hill.
Risk Factor
Flood Factor - Extreme
20% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Prospect Hill has an extreme risk of flooding. 284 properties in Prospect Hill are likely to be
severely affected
by flooding over the next 30 years. This represents 20% of all properties in Prospect Hill. Flood risk is increasing slower than the national average.
15% of properties are at risk of wildfire over the next 30 years
Fire Factor
Prospect Hill has a minor risk of wildfire. There are 294 properties in Prospect Hill that have some risk of being affected by wildfire over the next 30 years. This represents 15% of all properties in Prospect Hill.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Prospect Hill has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Prospect Hill is most at risk from hurricanes. 1,939 properties in Prospect Hill 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 82 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 91 mph.