Housing in Prospect, TN

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

Housing Market Snapshot

Source: Zillow — January 2026

Zillow Home Value Index

$246,391

Prospect vs Similar Cities

Source: Census ACS / Redfin (2023)

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

Median Home Value

29th%ilemost expensive$117,000show rank

Census Housing Data

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

Median Home Value

$117,000

Median Rent

N/A

Total Housing Units

Vacancy Rate

0.0%

Owner Occupied

80.6%

Renter Occupied

19.4%

Median Property Tax

$781

per year

Monthly Cost (w/ Mortgage)

N/A

Housing Types

Single Family

80.6%

Multi-Family

0.0%

Mobile Home

19.4%

The median home value in Prospect, TN is $117,000. According to Zillow, the home value index for Prospect is $246,391. About 80.6% of housing units are owner-occupied. The median year homes were built is 1938. There are 36 total housing units.