Prospect Home Prices & Values

$111,900 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • -0.4% 1-year change
  • 0.6% 1-year forecast

The median home value in Prospect is $111,900. Prospect home values have declined -0.4% over the past year and Zillow predicts they will rise 0.6% within the next year. The median price of homes currently listed in Prospect is $155,000.

Foreclosures will be a factor impacting home values in the next several years. In Prospect 10.7 homes are foreclosed (per 10,000). This is lower than the Mobile value of 18.5 and also greater than the national value of 4.8

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Relative ZHVI
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Prospect Market Overview

Data through May 31, 2014
  • $111,900 ZHVI
  • 0.6% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (May 31, 2015)
  • $155,000 Median listing price
  • No data Median sale price
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Prospect Market Health

Data through May 31, 2014
  • 3.6/10 Less healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average of days on Zillow
  • No data Homes with negative equity (18.8% US Avg)
  • No data Delinquent on mortgage (7.2% US Avg)

Homes foreclosed (per 10,000)

10.7 homes(Apr 30, 2014) Prospect
18.5 homes Mobile
4.8 homes United States
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Nearby Neighborhoods

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Di Grado $221,900 Dawes $163,800 Travis $144,900
D'Iberville $138,700 Cottage Park $137,200 Milkhouse $119,700
Belmeade $114,900 Jefferson $85,300 Devonshire $79,700

Listings & Sales

Data through May 31, 2014
  • $75 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 16.7% Listings with price cut
7.7%
Sold below listing
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Prospect Rentals

Data through May 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$958 Prospect
$884 Mobile
$1,310 United States
  • 2.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • No data Rent list price
  • No data Rent list price / sq ft
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