Prospect, VA Housing Market
$209,998
7.2% 1-yrThe average Prospect, VA home value is $209,998, up 7.2% over the past year. (Updated on )
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Prospect Key Takeaways
Typical Home Values: $209,998
1-Year Value Change: +7.2%
(Data through August 31, 2026)
Prospect Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in Prospect
- NameMedian ZHVI
- 5th SW--
- Fry Springs$477,664
- Johnson Village$513,040
- Belmont$413,595
- Orangedale-Prospect Ave$260,346
- Ridge St$458,363
- Fifeville$390,979
- Jefferson Park$382,455
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Prospect Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Prospect, VA?
The median home value in Prospect, VA is $209,998 as of August 2026. This represents a 0.5% decrease compared to last month and a 7.2% increase year-over-year.
How have home values changed in Prospect, VA?
Home values in Prospect, VA have decreased by 0.5% month-over-month and 7.2% year-over-year.
How do home values in Prospect, VA compare to Prince Edward County, Virginia, and the national average?
The median home value in Prospect, VA ($209,998) compares to: Prince Edward County ($244,761), Virginia ($414,662), and the U.S. national median ($368,697).