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Featured local agent — Prospect, NY

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Prospect, NY

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Prospect, NY(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Prospect, NY Housing Market & Real Estate

Balanced market

Housing market overview · Updated monthly ·

$276,000median sale price

How is the Prospect, NY housing market right now?

The median home sale price in Prospect, NY is $276,000. Homes sell in an average of 28 days. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of October 2025 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Prospect a buyer's or seller's market?

Balanced market28 avg. days on market

Prospect, NY is currently a balanced market and homes selling in about 28 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

28

Average pace

Active listings

Sale-to-list

96.9%

Below asking

What does the Prospect housing market data show?

Current housing market statistics for Prospect, NY
MetricValue
Median sale price$276,000
Average days on market28 days
Sale-to-list price ratio96.9%
Median price per sq ft$164/sq ft
Homes sold (latest month)1
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Prospect by property type?

How the Prospect, NY market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Prospect, NY
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$276,000$164/sq ft128 days

Source: Redfin · Updated monthly

The Prospect housing market is currently classified as a balanced market with a median sale price of $276,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 28 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Homes for sale in Prospect

Explore homes currently listed for sale in Prospect, New York across major real estate platforms.

Sale-to-list:96.9%

Who lives in Prospect?

Population

337

Median income

$46,413/yr

Median age

44.8 years

Owner-occupied

90.2%

College grads

12.8%

Avg commute

20 min

Source: U.S. Census Bureau ACS

What is it like to live in Prospect?

Prospect is a community of approximately 0K residents with a median age of 44.8 years.The median household income is $46,413, which represents a working-class community with solid middle-income opportunities. 12.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 90.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 20 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Prospect offers a balanced lifestyle with accessible home values relative to local income levels.

Which cities are near Prospect, NY?

Want a head-to-head view? Compare Prospect side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Prospect?

The median home sale price in Prospect is $276,000, down 0.0% from last year.

How long do homes stay on market in Prospect?

Homes typically spend 28 days on market before going under contract.

What is the median income in Prospect?

The median household income is $46,413 per year.

How much does a single-family home cost in Prospect?

The median single-family home price in Prospect, NY is $276,000 (about $164 per square foot).

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