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Featured local agent — Prosper, TX
Sarah Mitchell
Compass Real Estate · Prosper, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Prosper, TX Housing Market & Real Estate
Housing market overview · Updated monthly ·
$962,250median sale price
How is the Prosper, TX housing market right now?
The median home sale price in Prosper, TX is $962,250, up 9.0% year-over-year. Homes sell in an average of 49 days with 438 active listings. The market is currently a leaning buyer's. (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 Prosper a buyer's or seller's market?
Prosper, TX is currently a leaning buyer's, based on 5.6 months of supply and homes selling in about 49 days. How we determine this →
Homes sold
78
Last 12 weeks
Days on market
49
Average pace
Active listings
438
5.6 months supply
Sale-to-list
96.5%
Below asking
What does the Prosper housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $962,250 |
| Median list price | $972,990 |
| Year-over-year price change | +9.0% |
| Average days on market | 49 days |
| Active inventory | 438 listings |
| Months of supply | 5.6 months |
| Sale-to-list price ratio | 96.5% |
| Median price per sq ft | $241/sq ft |
| Homes sold (latest month) | 78 |
| New listings (latest month) | 111 |
| Listings with a price cut | 34.0% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Prosper by property type?
How the Prosper, TX market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $969,750 | $243/sq ft | 76 | 49 days |
| Townhouse | $524,471 | $227/sq ft | 2 | 80 days |
Source: Redfin · Updated monthly
The Prosper housing market is currently classified as a leaning buyer's with a median sale price of $962,250. Prices have risen 9.0% compared to last year, with homes spending an average of 49 days on market, indicating 5.6 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 4.1x provides context for how home values compare to local earning capacity.
Homes for sale in Prosper
There are currently 438 homes listed for sale in Prosper, Texas. The median listing price is $973K.
Active listings
438
Homes on market
Median list price
$973K
Avg. days on market
49
Days until sale
New this week
111
Newly listed
Who lives in Prosper?
Population
34,567
Median income
$187,603/yr
Median age
37 years
Owner-occupied
88.2%
College grads
63.5%
Avg commute
32 min
Source: U.S. Census Bureau ACS
What are homes worth in Prosper?
Zillow home value
$776,414
Zillow rent index
$2,262/mo
Price-to-rent ratio
28.6x
Price-to-income
4.1x
Source: Zillow Research
What is it like to live in Prosper?
Prosper is a community of approximately 35K residents with a median age of 37 years.The median household income is $187,603, which reflects a relatively affluent area with strong earning potential. 63.5% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 88.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 32 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Prosper offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Prosper?
16 schools tracked · 17,867 students
The largest public schools serving Prosper, TX 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.
PROSPER H S
Grades 9-12 · 3,449 students
WALNUT GROVE H S
Grades 9-12 · 1,716 students
LORENE ROGERS MIDDLE
Grades 6-8 · 1,618 students
REYNOLDS MIDDLE
Grades 6-8 · 1,535 students
WILLIAM RUSHING MIDDLE
Grades 6-8 · 1,449 students
JOYCE HALL EL
Grades PK-5 · 957 students
CHUCK AND CINDY STUBER EL
Grades PK-5 · 939 students
FOUNDERS CLASSICAL ACADEMY OF PROSPER
Grades K-10 · 882 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 Prosper, TX?
Want a head-to-head view? Compare Prosper side-by-side with any other U.S. city using our market-comparison tool.
Is Prosper a good real estate investment market?
For investors evaluating Prosper, the price-to-rent ratio of 28.6x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 9.0% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Prosper's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Prosper's median home price.
Frequently asked questions
What is the average home price in Prosper?
The median home sale price in Prosper is $962,250, up 9.0% from last year.
How long do homes stay on market in Prosper?
Homes typically spend 49 days on market before going under contract.
What is the median income in Prosper?
The median household income is $187,603 per year.
Is Prosper a buyer's or seller's market?
With 5.6 months of supply, Prosper is currently a leaning buyer's.
What is the Zillow home value estimate for Prosper?
The Zillow Home Value Index (ZHVI) for Prosper is $776,414, representing the typical home value in the area.
How much does a single-family home cost in Prosper?
The median single-family home price in Prosper, TX is $969,750 (about $243 per square foot).
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