Andrew's Updated Market Report
Prosper, TX
Single-Family Homes
The Andrew Smith Team |Andrew@TheAndrewSmithTeam.com | 469-296-5230
Prosper, TX
Mon Jun 15 2026
This week the median list price for Prosper, TX is $875,024 with the market action index hovering around 30. This is about the same as last month's market action index of 30. Inventory has increased to 556.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.
Real-Time Market Profile
| Median List Price | $875,024 | |
| Median Price of New Listings | $819,000 | |
| Per Square Foot | $248 | |
| Average Days on Market | 89 | |
| Median Days on Market | 56 | |
| Price Decreased | 52% | |
| Price Increased | 7% | |
| Relisted | 10% | |
| Inventory | 556 | |
| Median Rent | ||
| Market Action | 30 | |
| Slight Seller's Advantage | ||
The market appears to be hovering around this plateau. This week prices eased down a bit. The Market Action Index is a good leading indicator for the durability of this shift.
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 |
|---|---|---|---|---|---|---|---|---|
| $1,368,190 | 4,465 | 0.25 - 0.5 acre | 5 | 5 | 4 | 10 | 13 | 49 |
| $995,000 | 3,856 | 0.25 - 0.5 acre | 4 | 4.5 | 5 | 7 | 12 | 63 |
| $759,990 | 3,450 | 8,000 - 10,000 sqft | 4 | 3.5 | 7 | 14 | 10 | 56 |
| $557,069 | 2,513 | 6,500 - 8,000 sqft | 4 | 3 | 9 | 8 | 5 | 63 |