Home Values

Prospect Park Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$96,700

  • -3.7% 1-year change
  • -0.4% 1-year forecast

The median home value in Prospect Park is $96,700. Prospect Park home values have declined -3.7% over the past year and Zillow predicts they will fall -0.4% within the next year. The median list price per square foot in Prospect Park is $86, which is lower than the Des Moines average of $101. The median price of homes currently listed in Prospect Park is $78,900 while the median price of homes that sold is $108,000.

Foreclosures will be a factor impacting home values in the next several years. In Prospect Park 15.4 homes are foreclosed (per 10,000). This is greater than the Des Moines value of 11.0 and also greater than the national value of 4.3

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Relative ZHVI
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Prospect Park Market Overview

Data through Aug 31, 2014
  • $96,700 ZHVI
  • -0.4% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Aug 31, 2015)
  • $78,900 Median listing price
  • No recent data Median sale price
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Prospect Park Market Health

Data through Aug 31, 2014
  • 0.2/10 Less healthy
    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 days on Zillow
  • No data Homes with negative equity (17.0% US Avg)
  • No data Delinquent on mortgage (6.9% US Avg)

Homes foreclosed (per 10,000)

15.4 homes Prospect Park
11 homes Des Moines
4.3 homes United States
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Nearby Neighborhoods

Name Median ZHVI
Lower Beaver $140,800
Beaverdale $139,500
North of Grand $123,200
Name Median ZHVI
Drake $113,800
Woodland Heights $94,800
River Bend $89,200
Name Median ZHVI
Oak Park $86,800
King Irving $79,400
Mondamin Presidential $69,700

Listings & Sales

Data through Aug 31, 2014
  • $86 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 52.0% Listings with price cut
7.1%
Sold below listing
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Prospect Park Rentals

Data through Aug 31, 2014
  • Zillow Rent Index

  • $1,046 Prospect Park
    $1,099 Des Moines
    $1,328 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.7 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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