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Today: September 22, 2025
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Prospect Park Real Estate Forecast, Prospect Park Area Housing Prices and Home Value Trends and Predictions

Is buying a house in Prospect Park a good investment? The median home price in Prospect Park today: ▼ 495,944 USD (-6.698%)

  • History
  • Forecast
  • Data
  • Q&A

Current Price

$495,944

1 Month Forecast

▲ $534,612

1-Year Forecast *

▲ $569,406

5-Year Forecast *

▲ $692,355

"Is it a good time to buy homes in Prospect Park?" "Does investing in real estate in Prospect Park (New Jersey State, Passaic County) worth it?" According to our live Forecast System, buying a house in Prospect Park is a good short-term (1-year) investment*. The Prospect Park average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Prospect Park" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Prospect Park in New Jersey State, Passaic County. If you are looking for homes for sale with good flipping profit, Prospect Park can be a profitable property investment option. The median price of an average house in Prospect Park was 495,944 USD on 2025-09-23. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Prospect Park" area is 692,355 USD by 2030-09-23. For a 5-year investment the profit is expected to be around +39.60% meaning that investing 100000 USD today may yield a profit of 39,603 USD by 2030.

Current Median Listing Price: 495,944 USD Median Listing Price Per Square Foot: 276 USD

Prospect Park Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Prospect Park (New Jersey State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2025-2031

The long-term housing forecast is based on all the available median listing price recorded up to today.

Prospect Park Price Target

Prospect Park median home price target in 12 months: $569,406* (upside of 14.8%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $524,207 $531,547 $524,207 $531,547
2024 $454,302 $495,944 $454,302 $495,944
2023 $414,643 $450,773 $414,643 $450,773
2022 $398,558 $411,460 $398,558 $414,240
2021 $351,839 $395,889 $351,839 $395,889
2020 $306,457 $346,317 $306,457 $346,317
2019 $275,884 $302,923 $275,884 $302,923
2018 $254,163 $272,765 $254,163 $272,765
2017 $236,636 $252,331 $236,636 $252,331
2016 $230,120 $235,741 $230,120 $235,741
2015 $202,831 $228,995 $202,831 $228,995
2014 $200,289 $203,176 $200,289 $207,847
2013 $190,156 $199,780 $190,156 $199,780
2012 $0 $0 $0 $0

Questions & Answers about the Prospect Park Housing Market Forecast

How much does an average home cost in Prospect Park today?

The value of an average home (the listing price) in Prospect Park is $495,944 USD.

What is the average price per square foot in Prospect Park?

According to Walletinvestor the median price per square foot in Prospect Park is 276 USD.

Will the median listing price of homes in Prospect Park grow / rise / go up?

Yes. The Prospect Park home prices may rise from 495,944 USD to 569,406 USD in one year.

Is it profitable to invest in Prospect Park homes?

Yes. The long-term profit potential is +14.81% in one year.

Will Prospect Park house prices fall / drop?

No. See above.

What is the predicted price of a Prospect Park home in 2030?

The predicted home sales price of a Prospect Park home in 2030 in Prospect Park is 692,355 USD.

What is the predicted price of a Prospect Park home in 2035?

The predicted home sales price of a Prospect Park home in 2035 in Prospect Park is 901,813 USD.

Will real estate prices decrease in Prospect Park?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Prospect Park is the 7572. largest city in the United States, located in New Jersey State.

During the last 12 months the real estate prices in Passaic, Prospect Park increased, looking at the past 12 months.

According to Walletinvestor's Prospect Park real estate market research, home values will increase in the next 12 months.

Median home values increased by 1.135% to 495,944 USD, between 2024-09-23 and 2025-09-23

The average annual profit of property investment was:

  • 15.432% in 2020
  • 14.682% in 2021
  • 16.332% in 2022
  • 14.032% in 2023
  • 14.472% in 2024
  • 16.542% in 2025

Based on our Prospect Park real estate market research and report the predicted sales prices will increase by 298.006% in the next 10 years.

Over the last 12 months, the value of homes in Prospect Park fluctuated: increasing 10 times .

Prospect Park (New Jersey) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Prospect Park Housing Market Forecast with Real Estate Prices for 2025
August 2025 534612 494516 574708
September 2025 537695 507584 567806
October 2025 540795 500236 581355
November 2025 543914 490067 597761
December 2025 547051 519151 574950
Prospect Park Housing Market Forecast with Real Estate Prices for 2026
January 2026 550205 514442 585968
February 2026 553378 505234 601522
March 2026 556569 508148 604991
April 2026 559779 503801 615756
May 2026 563007 530352 595661
June 2026 566253 516989 615517
July 2026 569406 523284 615528
August 2026 572300 528233 616367
September 2026 575600 542791 608410
October 2026 578920 537816 620023
November 2026 582258 529273 635244
December 2026 583836 540632 627040
Prospect Park Housing Market Forecast with Real Estate Prices for 2027
January 2027 587203 534942 639464
February 2027 590589 555744 625434
March 2027 593995 535783 652206
April 2027 597420 540068 654773
May 2027 599057 554127 643986
June 2027 598148 543716 652579
July 2027 596656 553100 640212
August 2027 595169 563625 626713
September 2027 594971 556893 633050
October 2027 595880 543442 648317
November 2027 599316 562758 635874
December 2027 602772 568414 637130
Prospect Park Housing Market Forecast with Real Estate Prices for 2028
January 2028 606248 566842 645654
February 2028 609744 568281 651207
March 2028 613260 576464 650056
April 2028 616796 577321 656271
May 2028 620353 579410 661297
June 2028 622539 591412 653666
July 2028 623039 573819 672259
August 2028 623723 572578 674868
September 2028 626503 595178 657828
October 2028 630116 575926 684306
November 2028 633750 597626 669873
December 2028 637404 578763 696045
Prospect Park Housing Market Forecast with Real Estate Prices for 2029
January 2029 641080 601974 680186
February 2029 644777 582878 706675
March 2029 648495 591427 705562
April 2029 652234 611796 692673
May 2029 655996 622540 689451
June 2029 659778 625470 694087
July 2029 663583 601870 725296
August 2029 666489 608504 724473
September 2029 669529 609272 729787
October 2029 671118 630180 712056
November 2029 674988 640564 709413
December 2029 675833 623794 727873
Prospect Park Housing Market Forecast with Real Estate Prices for 2030
January 2030 676665 611029 742302
February 2030 677786 619497 736076
March 2030 679326 641284 717368
April 2030 681990 626067 737913
May 2030 684439 624208 744669
June 2030 688386 631938 744833
July 2030 692355 645275 739436
August 2030 696348 639944 752752
September 2030 700363 640132 760595
October 2030 704402 666364 742440
November 2030 708464 638326 778602
December 2030 712550 655546 769554
Prospect Park Housing Market Forecast with Real Estate Prices for 2031
January 2031 716659 667209 766108
February 2031 720791 665290 776292
March 2031 724948 664777 785118
April 2031 729128 668611 789646
May 2031 733188 671600 794775
June 2031 736914 671329 802500
July 2031 741164 672977 809351
August 2031 745438 708166 782710
September 2031 749737 683760 815713
October 2031 751769 683358 820180
November 2031 756104 709226 802982
December 2031 760464 697346 823583
Prospect Park Housing Market Forecast with Real Estate Prices for 2032
January 2032 764849 688364 841334
February 2032 769260 703873 834647
March 2032 771367 732799 809936
April 2032 770196 726295 814098
May 2032 768276 703741 832812
June 2032 766361 719613 813109
July 2032 766107 693327 838887
August 2032 767276 718171 816382
September 2032 771701 712280 831122
October 2032 776151 703969 848333
November 2032 780627 739254 822000
December 2032 785128 715252 855005
Prospect Park Housing Market Forecast with Real Estate Prices for 2033
January 2033 789656 717008 862304
February 2033 794210 729084 859335
March 2033 798789 737283 860296
April 2033 801603 744690 858517
May 2033 802248 729243 875252
June 2033 803128 752531 853725
July 2033 806708 758306 855111

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.