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Featured local agent — Prospect, PA
Sarah Mitchell
Compass Real Estate · Prospect, PA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Prospect, PA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$240,000median sale price
How is the Prospect, PA housing market right now?
The median home sale price in Prospect, PA is $240,000. Homes sell in an average of 184 days. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of March 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, PA is currently a leaning buyer's and homes selling in about 184 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
184
Average pace
Active listings
—
Sale-to-list
98.0%
Below asking
What does the Prospect housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $240,000 |
| Average days on market | 184 days |
| Sale-to-list price ratio | 98.0% |
| Median price per sq ft | $184/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Prospect by property type?
How the Prospect, PA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $240,000 | $184/sq ft | 1 | 184 days |
Source: Redfin · Updated monthly
The Prospect housing market is currently classified as a leaning buyer's with a median sale price of $240,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 184 days on market.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 3.8x provides context for how home values compare to local earning capacity.
Homes for sale in Prospect
Explore homes currently listed for sale in Prospect, Pennsylvania across major real estate platforms.
Who lives in Prospect?
Population
1,104
Median income
$81,042/yr
Median age
45.5 years
Owner-occupied
90.7%
College grads
19.8%
Avg commute
29 min
Source: U.S. Census Bureau ACS
What are homes worth in Prospect?
Zillow home value
$308,428
Price-to-income
3.8x
Source: Zillow Research
What is it like to live in Prospect?
Prospect is a community of approximately 1K residents with a median age of 45.5 years.The median household income is $81,042, which reflects a relatively affluent area with strong earning potential. 19.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 90.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 29 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 public schools serve Prospect?
1 schools tracked · 341 students
The largest public schools serving Prospect, PA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Moraine El Sch
Grades K-5 · 341 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Prospect, PA?
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 $240,000, down 0.0% from last year.
How long do homes stay on market in Prospect?
Homes typically spend 184 days on market before going under contract.
What is the median income in Prospect?
The median household income is $81,042 per year.
What is the Zillow home value estimate for Prospect?
The Zillow Home Value Index (ZHVI) for Prospect is $308,428, 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, PA is $240,000 (about $184 per square foot).
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