James Trigg House · Photo: Nyttend · Public domain107 homes sold in Prospect in the last year, at a typical $610K
About one sale in 3 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Prospect homes are listed.
Every place Prospect homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Prospect.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
A quarter of Prospect’s sales are condos, at $493K less than a house
75 houses and 26 condos sold in the year to May 2026. Houses draw more bidding wars.
typical sale · 75 sold in 12 months
- Per square foot
- $168KY $162
- Days to sell
- 38
- Sold over asking
- 25%
- Listings with a price cut
- 18%
typical sale · 26 sold in 12 months
- Per square foot
- $188KY $177
- Days to sell
- 40
- Sold over asking
- 19%
- Listings with a price cut
- 23%
Townhouses: 6 sold, typical $499K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 1.8 times the 2016 price
107 sales in the last year, against 144 in 2021 and a low of 89 in 2024. The typical sale went from $344K in 2016 to $610K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $600K buys in Prospect
Check a listing against what Prospect homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Prospect are more common than before the pandemic, but a quarter fewer homes come up for sale
We read every month of Prospect’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 107 sales.
If you’re buying in Prospect
- Shop in May. It brings about 17 new listings a month, close to the busiest month, with fewer bidding wars (14% over asking).
- Some room to negotiate. 19% of listings cut their price, about as many as before the pandemic.
- Bid near asking. Buyers paid 99% of the list price on average; 24% paid over.
- Move fast on good ones. Half of homes are under contract within two weeks.
Spring brings both the most homes and the most bidding wars
May has the most new listings (about 17 a month), but April is the most competitive: 19% of April sales close over asking. January has the least competition (7%) but only about 7 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and hotter than Kentucky
| Prospect now | 2017–19 | 2021 peak | KY now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 24% | 6% | 28% | 18% |
| Gone within two weeksShare of homes under contract within 14 days | 51% | 34% | 66% | 36% |
| Listings with a price cutShare of homes for sale that cut their price | 19% | 18% | 11% | 27% |
| Price paid vs. askingAverage sale price ÷ list price | 99% | 96.7% | 99.2% | 97.4% |
| Days to sellMedian days from listing to contract | 36 | 67 | 31 | 50 |
28 homes for sale on a typical day
That’s 2.4 times the 2023 low (12), 28% fewer than in 2017–19 and well under 2013’s 62.
1 in 5 listings has cut its price
19% in the last year, against 18% in 2017–19 and 27% across Kentucky.
Since 2019, houses are up 69%, condos 21%
A house typically sold for $767K in the last year (75 sales), a condo for $274K (26).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Prospect ranks 14th of 77 busy Kentucky markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Prospect is one of the state’s hottest markets.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Prospect home costs about $3,708 a month
Price: Prospect’s typical sale, last 12 months. Property tax at Prospect’s 1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Prospect is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 5.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $610K home, about $6,310 a year.
Taxes vs. neighborsSchools
The schools grade for Prospect, from test results, graduation and how much students grow.
Schools in ProspectTypical commute
The average one-way trip to work for people who live in Prospect.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Barbourmeade and Westwood sell for less a square foot
The busier markets within 25 miles of Prospect, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Jeffersonville | 808 | $264K | $170 | 17% | 64 |
| Prospect | 107 | $610K | $171 | 24% | 36 |
| Westwood | 41 | $149K | $101 | 34% | 70 |
| Utica Township | 24 | $472K | $191 | 8% | 115 |
| Orchard Grass Hills | 23 | $335K | $171 | 43% | 44 |
| Barbourmeade | 21 | $454K | $164 | 19% | 19 |
| Rolling Hills | 21 | $302K | $168 | 24% | 32 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Prospect, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Prospect. People who follow the town see it, and so do people comparing Prospect with their own town. No commission, no listing fee.
Questions about buying a home in Prospect
What do homes sell for in Prospect, KY?
107 homes sold in the year to May 2026 at a typical $610K, $171 a square foot. Houses sold for about $767K, condos for about $274K.
Is Prospect a buyer’s or seller’s market?
A balanced market: 40 homes were for sale in May 2026 and 8 sold, about 5 months of supply. Buyers paid 99% of asking on average, and 19% of listings cut their price.
When is the best time to buy in Prospect?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Prospect?
About 1% of a home’s value a year. On a $610K home that’s near $6,310.
Where can I see homes for sale in Prospect?
Zillow, Redfin, Realtor.com and Homes.com all carry Prospect’s MLS listings; the search links above open each one filtered to Prospect.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).