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Featured local agent — Prospect, OH
Sarah Mitchell
Compass Real Estate · Prospect, OH
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Prospect, OH Housing Market & Real Estate
Housing market overview · Updated monthly ·
$159,900median sale price
How is the Prospect, OH housing market right now?
The median home sale price in Prospect, OH is $159,900. Homes sell in an average of 42 days with 4 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — 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?
Prospect, OH is currently a strong seller's market, based on 1.3 months of supply and homes selling in about 42 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
42
Average pace
Active listings
4
1.3 months supply
Sale-to-list
107.0%
Above asking
What does the Prospect housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $159,900 |
| Median list price | $399,900 |
| Average days on market | 42 days |
| Active inventory | 4 listings |
| Months of supply | 1.3 months |
| Sale-to-list price ratio | 107.0% |
| Median price per sq ft | $168/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 1 |
| Listings with a price cut | 25.0% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Prospect by property type?
How the Prospect, OH market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $159,900 | $168/sq ft | 3 | 42 days |
Source: Redfin · Updated monthly
The Prospect housing market is currently classified as a strong seller's market with a median sale price of $159,900. Prices have fallen 0.0% compared to last year, with homes spending an average of 42 days on market, indicating 1.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.9x provides context for how home values compare to local earning capacity.
Homes for sale in Prospect
There are currently 4 homes listed for sale in Prospect, Ohio. The median listing price is $400K.
Active listings
4
Homes on market
Median list price
$400K
Avg. days on market
42
Days until sale
New this week
1
Newly listed
Who lives in Prospect?
Population
1,330
Median income
$68,807/yr
Median age
30 years
Owner-occupied
68.2%
College grads
15.2%
Avg commute
28.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Prospect?
Zillow home value
$269,963
Price-to-income
3.9x
Source: Zillow Research
What is it like to live in Prospect?
Prospect is a community of approximately 1K residents with a median age of 30 years.The median household income is $68,807, which represents a working-class community with solid middle-income opportunities. 15.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 68.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 28.8 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, OH?
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 $159,900, down 0.0% from last year.
How long do homes stay on market in Prospect?
Homes typically spend 42 days on market before going under contract.
What is the median income in Prospect?
The median household income is $68,807 per year.
Is Prospect a buyer's or seller's market?
With 1.3 months of supply, Prospect is currently a strong seller's market.
What is the Zillow home value estimate for Prospect?
The Zillow Home Value Index (ZHVI) for Prospect is $269,963, representing the typical home value in the area.
How much does a single-family home cost in Prospect?
The median single-family home price in Prospect, OH is $159,900 (about $168 per square foot).
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