Why Live in Prospect
Prospect, located along the Ohio River, offers a blend of upscale living and natural beauty. The neighborhood features expansive homes, including brick colonials and custom-built estates, with prices ranging from $475,000 to over $1.3 million. Condos are also available, priced between $200,000 and $450,000. Many residents are homeowners, and the area includes several gated communities like Norton Commons and Hunting Creek, which features a country club. Prospect's parks, such as Little Hunting Creek Park and Harrods Creek Park, provide excellent hiking trails and facilities for community events. The Louisville Yacht Club and the Hunting Creek Country Club, with its golf course and fitness center, are notable local attractions. Dining options include Gustavo's Mexican Grill and the Blackstone Grille, known for its American cuisine. For groceries, residents can visit the local Kroger. The neighborhood is served by highly rated schools, including Ballard High School, North Oldham Middle School, and South Oldham High. Safety in Prospect is better than the national average. The area is well-connected, with downtown Louisville just 11 miles away via US-42 or Interstate 71, and the TARC bus system providing additional transit options.
Home Trends in Prospect, KY
On average, homes in Prospect, KY sell after 45 days on the market compared to the national average of 50 days. The median sale price for homes in Prospect, KY over the last 12 months is $671,250, up 4% from the median home sale price over the previous 12 months.
Median Sale Price
$671,250
Median Single Family Sale Price
$804,000
Median Townhouse Sale Price
$339,000
Median 2 Bedroom Sale Price
$315,950
Median 1 Bedroom Sale Price
$125,000
Average Price Per Sq Ft
$233
Number of Homes for Sale
91
Last 12 months Home Sales
260
Median List Price
$715,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
4%