Housing in Prospect, KY

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$445,000

Median List Price

$450,000

Price Per Sq Ft

$189

Days on Market

17

Active Inventory

19

Months of Supply

3.8

Seller's market

Zillow Home Value

$595,138

ZHVI — January 2026

Zillow Rent Index

$2,748

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 20.3%List Price 17.2%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

60.0%

Off Market in 2 Weeks

57.1%

Sale-to-List Ratio

100.3%

Seller's market

Sold Above Asking
60.0%
Under Contract in 2 Wks
57.1%
Listings with Price Drops
10.5%

Market Activity

Source: Redfin

Homes Sold

5

New Listings

8

Pending Sales

7

Homes Sold 37.5%New Listings 38.5%Pending 30.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$189

Median List $/SF

$145

Sale $/SF 10.5%List $/SF 1.4%Mar 24Jan 26

Prospect vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Prospect is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$494,000

Median Rent

$1,287

Total Housing Units

2,059

Vacancy Rate

5.0%

Owner Occupied

92.0%

Renter Occupied

8.0%

Median Property Tax

$4,919

per year

Monthly Cost (w/ Mortgage)

$1,691

Housing Types

Single Family
90.8%
Multi-Family
8.8%
Mobile Home
0.3%

The current median sale price in Prospect, KY is $445,000 according to Redfin data. Homes spend a median of 17 days on the market. 60.0% of homes sold above asking price. The market has 3.8 months of supply. The median price per square foot is $189. Zillow's observed rent index is $2,748/month. About 92.0% of housing units are owner-occupied. The median year homes were built is 1988. There are 2,059 total housing units.