Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Prospect area can be challenging. Home prices in Prospect are now at a median cost of $105,227, lower than the Texas average of $235,268.
The average cost of rent is $739/mo in Prospect, primarily driven by the current value of real estate in the Prospect area. While nearly 69.78% of residents own their homes outright in Prospect, 12.47% rent.
Housing affordability isn’t just about home prices, though. The average household income in Prospect is $4,482 per month. Households that rent pay about 16.49% of their income on rent here. Prospect's most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Lodi, TX: equally priced homes
- Pruett, TX: less expensive homes
- Jefferson, TX: higher priced homes
- Kellyville, TX: higher priced homes
- Lassater, TX: less expensive homes
- Kildare, TX: less expensive homes
- Smithland, TX: less expensive homes
- Lanier, TX: less expensive homes
- Orrs, TX: less expensive homes
- Kildare Junction, TX: less expensive homes
Cities with Similar Populations
- Wittsburg, AR: less expensive homes
- Beamon, AL: higher priced homes
- Beason, IL: higher priced homes
- Ben Avon Heights, PA: higher priced homes
- Bethlehem, OH: higher priced homes
- Blakely, AR: higher priced homes
- Blanford, IN: less expensive homes
- Blencoe, IA: higher priced homes
- Bluehole, KY: less expensive homes
- Bowbells, ND: less expensive homes
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