Prosper Housing Market Report

As of January 2025, the Prosper, Texas housing market continues to exhibit growth and resilience. The median home list price is $850,032, reflecting a 5.6% increase from the previous year. The average home value stands at $817,285, marking a 1.2% rise over the past year.

Market Highlights

Median Sale Price: Homes are selling at a median price of $952,500, representing a 5.2% increase compared to last year.
Inventory Levels: There are 220 homes available for sale, with 36 new listings.
Days on Market: On average, homes in Prosper sell after 75 days on the market, compared to 95 days last year.

Price Trends by Property Type

Single-Family Homes: The median sale price is $952,500, with a price per square foot of $249, down 2.0% since last year.

Notable Neighborhood Performance

Windsong Ranch: Median sale price is $827,500, reflecting a 6.8% decrease from the previous year.
Star Trail: Average home value is $960,384.
Lakes of Prosper: Average home value is $713,611.

Emerging Trends

The Prosper real estate market in 2025 is characterized by rising median sale prices, increased inventory, and shorter days on the market. While some neighborhoods like Windsong Ranch have experienced a slight decrease in median sale prices, overall property values in Prosper continue to appreciate, reflecting sustained demand for quality homes.

In summary, the Prosper housing market demonstrates resilience and offers opportunities for both buyers and sellers in this dynamic environment.

Call us at 469-269-6541 for more information about Prosper real estate!

FIND A LUXURY HOME IN PROSPER, TEXAS WITH NITIN GUPTA, BROKER ASSOCIATE, REALTOR®.

When purchasing a luxury home in Prosper, Texas, it’s essential to consider factors such as location, architectural style, security, and amenities to ensure the home meets both lifestyle and investment needs. By selecting a property in a prestigious neighborhood with numerous amenities and security measures, buyers can ensure they’re making a valuable and rewarding investment in the vibrant Prosper market.

For those looking to invest in luxury homes in Prosper, Texas, Nitin Gupta is an expert real estate professional ready to assist. Known for his extensive experience, market insights, and numerous awards, he is committed to finding his clients the best properties in the area.

Contact Nitin Gupta at 469-269-6541 or send a message today to explore exclusive listings and secure your ideal luxury residence in one of Prosper’s elite communities.