House Prices & Home Values Prospect, KY 2026
Average Data
| average house price | $550,144 |
| average size per house | 2546 ft² |
| average price per ft² | 217 $ / ft² |
06/07/2026 -
The value range (VR) for house prices in Prospect, KY is $232/ sqft to $232/ sqft. An average home with 2546 sqft costs approximately $590,672 to $590,672. Prospect, KY includes 1 ZIP codes and it is located in Jefferson county.
The lowest prices are found in ZIP 40059, while the highest are in ZIP 40059. The average price per sqare feet is $217. Our analysis is based on 16 property listings.
Avergage prices by ZIP codes Prospect
Historical development of home values in Prospect
| Year |
Estimated value (USD) |
Change vs. 2025 |
| 2010 |
$255,497 |
-53.6% |
| 2011 |
$245,617 |
-55.4% |
| 2012 |
$244,955 |
-55.5% |
| 2013 |
$254,111 |
-53.8% |
| 2014 |
$266,747 |
-51.5% |
| 2015 |
$280,437 |
-49.0% |
| 2016 |
$295,072 |
-46.4% |
| 2017 |
$310,999 |
-43.5% |
| 2018 |
$328,192 |
-40.3% |
| 2019 |
$343,410 |
-37.6% |
| 2020 |
$361,163 |
-34.4% |
| 2021 |
$410,784 |
-25.3% |
| 2022 |
$478,881 |
-13.0% |
| 2023 |
$505,003 |
-8.2% |
| 2024 |
$534,218 |
-2.9% |
| 2025 |
$550,144 |
0.0% |
Graph: estimated home values in Prospect over time (USD)
Example: 100% financing house in Prospect
Loan amount:
$550,144
Interest rate:
6.00%
Fixed monthly payment:
$3,298.39
Breakdown in the 1st month:
Interest portion:
$2,750.72 –
Principal portion:
$547.67
Yearly breakdown (100% financing)
| Year |
Interest per year ($) |
Principal per year ($) |
Remaining balance at year-end ($) |
| 1 |
$32,824.86 |
$6,755.83 |
$543,388.17 |
| 2 |
$32,408.18 |
$7,172.52 |
$536,215.65 |
| 3 |
$31,965.79 |
$7,614.90 |
$528,600.75 |
| 4 |
$31,496.12 |
$8,084.57 |
$520,516.17 |
| 5 |
$30,997.48 |
$8,583.21 |
$511,932.96 |
| 6 |
$30,468.09 |
$9,112.61 |
$502,820.35 |
| 7 |
$29,906.04 |
$9,674.65 |
$493,145.70 |
| 8 |
$29,309.33 |
$10,271.36 |
$482,874.34 |
| 9 |
$28,675.82 |
$10,904.88 |
$471,969.46 |
| 10 |
$28,003.23 |
$11,577.47 |
$460,391.99 |
| 11 |
$27,289.15 |
$12,291.54 |
$448,100.45 |
| 12 |
$26,531.04 |
$13,049.66 |
$435,050.80 |
| 13 |
$25,726.17 |
$13,854.53 |
$421,196.27 |
| 14 |
$24,871.65 |
$14,709.05 |
$406,487.22 |
| 15 |
$23,964.43 |
$15,616.27 |
$390,870.95 |
| 16 |
$23,001.25 |
$16,579.45 |
$374,291.51 |
| 17 |
$21,978.67 |
$17,602.03 |
$356,689.48 |
| 18 |
$20,893.01 |
$18,687.68 |
$338,001.80 |
| 19 |
$19,740.40 |
$19,840.30 |
$318,161.50 |
| 20 |
$18,516.69 |
$21,064.01 |
$297,097.49 |
| 21 |
$17,217.51 |
$22,363.19 |
$274,734.30 |
| 22 |
$15,838.19 |
$23,742.50 |
$250,991.80 |
| 23 |
$14,373.81 |
$25,206.89 |
$225,784.92 |
| 24 |
$12,819.10 |
$26,761.59 |
$199,023.32 |
| 25 |
$11,168.51 |
$28,412.19 |
$170,611.14 |
| 26 |
$9,416.11 |
$30,164.59 |
$140,446.55 |
| 27 |
$7,555.62 |
$32,025.08 |
$108,421.47 |
| 28 |
$5,580.38 |
$34,000.31 |
$74,421.16 |
| 29 |
$3,483.32 |
$36,097.38 |
$38,323.78 |
| 30 |
$1,256.91 |
$38,323.78 |
$0.00 |
Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment
over the entire term. Extra payments, interest rate changes, and additional purchase costs
(e.g. taxes, notary fees) are not included.
How to sell in Prospect, KY
| 1500 sqft | 3900 sqft |
| Ø selling price | $393,856 | $837,838 | | Ø fast selling | $358,050 | $754,054 | | Ø high price sale | $429,661 | $921,621 |
In 2026, houses in Prospect, KY will be offered at an average price of $217 per square foot. A 1,500 sqft home priced at $393,856 is 25.28% more expensive per square foot than a 3,900 sqft home priced at $837,838.
Home prices in Prospect, KY vary significantly depending on the neighborhood and location.
For a quick sale, a 2,700 sqft home should be listed at around $580,041.
Sellers who can wait longer may achieve a higher price of up to $708,939.
Discover Prospect, KY
Location & Lifestyle
Prospect, Kentucky is an upscale Louisville suburb along the scenic Ohio River.
Residents enjoy a quiet, family-friendly atmosphere with quick access to downtown Louisville via U.S. 42 and I-265.
Top-rated schools, safe neighborhoods, and walkable streets make Prospect KY attractive for professionals and families.
Parks, Dining & Things to Do
Outdoor lovers explore Putney Pond and Hays Kennedy Park for hiking, birding, and river views.
Golfers appreciate nearby courses and clubs, while boaters launch from marinas for weekend adventures.
Local dining and boutique shopping cluster around Prospect Village, offering farm-to-table restaurants and everyday conveniences.
Real Estate & Community
The Prospect real estate market features luxury homes, new construction, and established subdivisions with generous lots.
Property values remain strong due to limited inventory, excellent schools, and proximity to major employers in Louisville?s East End.
Community events, civic groups, and seasonal festivals create small-town charm without sacrificing urban amenities.
Whether you?re relocating, investing, or planning a visit, Prospect KY delivers a balanced lifestyle, strong ROI, and a welcoming community.
FAQ – Home Values in Prospect
What is the median home value in Prospect in 2026?
In 2026, the typical home value in
Prospect is about
$550,144 for an average home size of
2546 square feet. This corresponds to an average
price of roughly $217 per square foot.
What is the average cost per square foot in Prospect?
In 2026, homes in
Prospect sell for an average of around
$217 per square foot, with a typical range
between $232 and
$232 per square foot, depending on the property’s
location, condition, and lot size.
What is the average home size in ?
The average home size in Prospect is about
2546 square feet, with an estimated
2026 value around
$550,144.
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