Prospect, KY Housing Market & City Data

Explore key insights and real experiences from people who call Prospect home. Use the data below as a starting point to compare and discover what makes this city a great place to live.

4,905
Population Estimate
$388,296
Median Home Value
98.3%
Employment Rate
74.9%
Bachelor's Degree+

Housing & Demographic Overview

Key insights about the community

Data as of October 2026

HOUSING DATA (October 2026)

Median Price per SqFt$233
Median Listing Price$875,000
Median Days on Market51
Active Listings127
New Listings36
Total Listings (Active + Pending)182
Avg Listing Price$1,159,667
Avg Listing Price Change MoM-2%
Avg Listing Price Change YoY-7%

HOUSEHOLD OVERVIEW

Family Size2.74
Family Dual Income54
Median Household Income$145,511
Median Individual Income$57,775
Home Ownership95.3%
Home Value$388,296
Median Rent$1,140
Rent Burden27.7%
Poverty0.8%

EDUCATION, GENDER & MARITAL STATUS

EDUCATION

  • No Highschool Degree or GED0.8%
  • Highschool Education7.6%
  • Some College16.7%
  • Bachelors Degree37.0%
  • Graduate Degree37.9%
  • Total College or Above74.9%
  • Stem Degree41.8%

GENDER BREAKDOWN

  • Male46.7%
  • Female53.3%

MARITAL STATUS

  • Married73.8%
  • Divorced7.3%
  • Never Married14.7%
  • Widowed4.2%

CITY DATA & AGE BREAKDOWN

CITY DATA

CityProspect
State IDKY
Population4,905

AGE BREAKDOWN

Age Group% of Population
Under 1821.2%
19–293.4%
30–395.6%
40–4911.2%
Age Group% of Population
50–5918.9%
60–6921.2%
70–7914.6%
80+4.0%

WORKFORCE, ETHNICITY & OTHER

WORKFORCE

Labor Force Participation60.7%
Unemployment Rate1.7%
Disabled9.4%

ETHNICITY

White90.0%
Black3.9%
Asian5.7%
Native American0.0%
Pacific Islander0.0%
Other0.4%
Multiple0.0%

OTHER

Hispanic2.0%
Limited English0.0%
Health Uninsured1.1%
Veteran6.7%

Local Discussions

Community questions and conversations about living in Prospect, KY.

  1. Is Prospect, KY a good place to buy a house?

    Local perspectives on Prospect home prices, buyer demand, neighborhoods, and what to consider before buying a home.

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  2. What are the best neighborhoods in Prospect, KY for families?

    Local insights on Prospect neighborhoods, schools, parks, commute times, and other factors families may want to consider.

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  3. What should home buyers know about the Prospect, KY housing market?

    Local insights on Prospect home prices, housing inventory, buyer competition, and current real estate market conditions.

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  4. Is it better to buy or rent a home in Prospect, KY?

    Compare Prospect home prices, rents, monthly housing costs, and other factors that can affect the decision to buy or rent.

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  5. What are the most affordable neighborhoods in Prospect, KY?

    Explore Prospect neighborhoods where home buyers may find more affordable housing options and better value for their budget.

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  6. How much income do you need to buy a house in Prospect, KY?

    Learn how Prospect home prices, down payments, mortgage costs, and other expenses can affect how much income buyers may need.

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  7. How much are property taxes on a home in Prospect, KY?

    Learn how Prospect property taxes are calculated and how they can affect the overall cost of owning a home.

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  8. What are the best neighborhoods in Prospect, KY for first-time home buyers?

    Explore Prospect neighborhoods first-time home buyers may consider based on home prices, location, amenities, and lifestyle.

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  9. What is it like to live in Prospect, KY?

    Local perspectives on Prospect neighborhoods, cost of living, weather, commuting, things to do, and everyday life.

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  10. What should I know before moving to Prospect, KY?

    What newcomers should know about Prospect housing costs, neighborhoods, transportation, weather, and everyday expenses.

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Top Real Estate Agents in Prospect, KY

Neighborhoods in Prospect, KY

No neighborhoods were found in the current property sample.