Andrew's Updated Market Report

Prosper, TX

Single-Family Homes

The Andrew Smith Team |Andrew@TheAndrewSmithTeam.com | 469-296-5230



Prosper, TX

Tue Dec 16 2025
This week the median list price for Prosper, TX is $834,450 with the market action index hovering around 30. This is an increase over last month's market action index of 29. Inventory has decreased to 350. Click here to stay informed with the Prosper market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.

Prosper, TX

Tue Dec 16 2025
This week the median list price for Prosper, TX is $834,450 with the market action index hovering around 30. This is an increase over last month's market action index of 29. Inventory has decreased to 350. Click here to stay informed with the Prosper market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Prosper market.
Median List Price $834,450
Median Price of New Listings $824,990
Per Square Foot $245
Average Days on Market 124
Median Days on Market 105
Price Decreased 53%
Price Increased 1%
Relisted 13%
Inventory 350
Median Rent
Market Action 30
Slight Seller's Advantage

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,293,056 4,446 0.25 - 0.5 acre 5 5 4 1 6 112
$929,900 3,757 8,000 - 10,000 sqft 4 4.5 2 3 2 98
$754,500 3,414 8,000 - 10,000 sqft 4 3.5 5 4 3 115
$575,000 2,568 6,500 - 8,000 sqft 4 3 8 1 8 105