Prosper, TX Housing Market & Real Estate

Buyer's market-11.5% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Prosper, TX is $825,226, down 11.5% year-over-year. Homes sell in an average of 102 days with 313 active listings. The market is currently a buyer's market.

$825,226median sale price

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

Buyer's market7.5 months of supply102 avg. days on market

Prosper, TX is currently a buyer's market, based on 7.5 months of supply and homes selling in about 102 days. How we determine this →

Homes sold

42

Last 12 weeks

Days on market

102

Average pace

Active listings

313

7.5 months supply

Sale-to-list

96.3%

Below asking

Prosper, TX market data

Current housing market statistics for Prosper, TX
MetricValue
Median sale price$825,226
Median list price$875,000
Year-over-year price change-11.5%
Average days on market102 days
Active inventory313 listings
Months of supply7.5 months
Sale-to-list price ratio96.3%
Market conditionBuyer's market

Source: Redfin · Updated weekly

The Prosper housing market is currently classified as a buyer's market with a median sale price of $825,226. Prices have fallen 11.5% compared to last year, with homes spending an average of 102 days on market, indicating 7.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Prosper

There are currently 313 homes listed for sale in Prosper, Texas. The median listing price is $875K.

Active listings

313

Homes on market

Median list price

$875K

Avg. days on market

102

Days until sale

New this week

111

Newly listed

Price drops:34.5%of listings
Sale-to-list:96.3%

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Frequently asked questions

What is the average home price in Prosper?

The median home sale price in Prosper is $825,226, down 11.5% from last year.

How long do homes stay on market in Prosper?

Homes typically spend 102 days on market before going under contract.

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

With 7.5 months of supply, Prosper is currently a buyer's market.

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