Prospect, KY Housing Market
The Prospect housing market is somewhat competitive. The median sale price of a home in Prospect was $635K last month, down 5.2% since last year. The median sale price per square foot in Prospect is $159, up 19.5% since last year.
Prospect Housing Market Trends
In April 2024, Prospect home prices were down 5.2% compared to last year, selling for a median price of $635K. On average, homes in Prospect sell after 42 days on the market compared to 28 days last year. There were 11 homes sold in April this year, up from 5 last year.
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How hot is the Prospect housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 1% below list price and go pending in around 36 days.
- Hot homescan sell for around list price and go pending in around 7 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% below list price and go pending in around 25 days.
- Hot homescan sell for about 1% above list price and go pending in around 5 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% below list price and go pending in around 11 days.
- Hot homescan sell for around list price and go pending in around 4 days.
Prospect Migration & Relocation Trends
- Across the nation, 0.24% of homebuyers searched to move into Prospect from outside metros.
- Houston homebuyers searched to move into Prospect more than any other metro followed by Los Angeles and Dallas.
- 75% of Prospect homebuyers searched to stay within the Prospect metropolitan area.
- Lexington was the most popular destination among Prospect homebuyers followed by Cincinnati and Orlando.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 143 | ||
2 | 125 | ||
3 | 104 | ||
4 | 100 | ||
5 | 99 | ||
6 | 90 | ||
7 | 55 | ||
8 | 38 | ||
9 | 33 | ||
10 | 31 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 159 | ||
2 | 46 | ||
3 | 44 | ||
4 | 44 | ||
5 | 36 | ||
6 | 29 | ||
7 | 24 | ||
8 | 23 | ||
9 | 20 | ||
10 | 19 |
Home offer insights for Prospect
Recent offers
View houses in Prospect that sold recently
Recently sold homes
- $742,500 Last Sold Price6 beds4.5 baths6,403 sq ft3006 Albrecht Dr, Prospect, KY 40059The Agency LouisvilleList Price$750,000Sale to List1% under listDays on Market41 days3006 Albrecht Dr, Prospect, KY 40059
- $690,000 Last Sold Price5 beds3.5 baths3,380 sq ft13601 Hunters Ridge Ct, Prospect, KY 40059BERKSHIRE HATHAWAY HomeServices, Parks & Weisberg RealtorsList Price$639,900Sale to List8% over listDays on Market53 days13601 Hunters Ridge Ct, Prospect, KY 40059
- $350,000 Last Sold Price3 beds2 baths1,525 sq ft6903 Ridge Run Cir, Louisville, KY 40059Homepage RealtyList Price$350,000Sale to List0% over listDays on Market27 days6903 Ridge Run Cir, Louisville, KY 40059
- $676,000 Last Sold Price5 beds3.5 baths4,331 sq ft6202 Interlaken Way, Prospect, KY 40059Semonin REALTORSList Price$700,000Sale to List3% under listDays on Market41 days6202 Interlaken Way, Prospect, KY 40059
- $628,000 Last Sold Price4 beds2.5 baths3,845 sq ft3106 Hilltop Pl, Prospect, KY 40059Keller Williams Louisville EastList Price$615,000Sale to List2% over listDays on Market32 days3106 Hilltop Pl, Prospect, KY 40059
- $200,000 Last Sold Price2 beds2 baths872 sq ft13303 Prospect Glen Way, Prospect, KY 40059BERKSHIRE HATHAWAY HomeServices, Parks & Weisberg RealtorsList Price$200,000Sale to List0% over listDays on Market28 days13303 Prospect Glen Way, Prospect, KY 40059
- $1,595,000 Last Sold Price4 beds4.5 baths7,300 sq ft5907 Mount Pleasant Dr, Prospect, KY 40059Coldwell Banker McMahanList Price$1,595,000Sale to List0% over listDays on Market42 days5907 Mount Pleasant Dr, Prospect, KY 40059
- $858,333 Last Sold Price4 beds3.5 baths3,161 sq ft5527 Ruby Falls Dr, Prospect, KY 40059NON-MEMBER OFFICEList Price$858,333Sale to List0% over listDays on Market0 days5527 Ruby Falls Dr, Prospect, KY 40059
See all recently sold homes in Prospect.
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Schools in Prospect
- Elementary
- Middle
- High
GreatSchools Rating
9/10 Goshen At Hillcrest Elementary School Public • K-5 | 673 Students | 4 reviews |
Climate's impact on Prospect housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Prospect.
Flood Factor - Moderate
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Minor
Wind Factor
Wind likelihood over time
Heat Factor - Major
Heat Factor
Transportation in Prospect
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