Current Price

$241,326

1 Month Forecast

â–² $250,457

1-Year Forecast *

â–² $268,171

5-Year Forecast *

â–² $299,586

"Is it a good time to buy homes in Prospect?" "Does investing in real estate in Prospect (Tennessee State, Giles County) worth it?" According to our live Forecast System, buying a house in Prospect is a good short-term (1-year) investment*. The Prospect 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" 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 in Tennessee State, Giles County. If you are looking for homes for sale with good flipping profit, Prospect can be a profitable property investment option. The median price of an average house in Prospect was 241,326 USD on 2026-02-15. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Prospect" area is 299,586 USD by 2031-02-15. For a 5-year investment the profit is expected to be around +24.14% meaning that investing 100000 USD today may yield a profit of 24,142 USD by 2031.

Current Median Listing Price: 241,326 USD Median Listing Price Per Square Foot: 134 USD

Prospect 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 (Tennessee State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

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

Prospect Price Target

Prospect median home price target in 12 months: $268,171* (upside of 11.1%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $247,869 $248,903 $247,869 $249,814
2024 $232,764 $241,326 $231,102 $246,071
2023 $225,312 $234,854 $225,312 $236,973
2022 $212,430 $226,355 $212,430 $233,418
2021 $176,594 $207,974 $176,594 $207,974
2020 $160,368 $173,552 $160,348 $173,552
2019 $140,852 $159,868 $140,852 $159,868
2018 $135,220 $139,825 $135,220 $139,993
2017 $127,686 $134,641 $127,314 $134,641
2016 $125,880 $126,978 $123,946 $126,978
2015 $115,883 $124,821 $115,883 $124,821
2014 $112,107 $115,393 $112,107 $116,260
2013 $107,361 $111,634 $107,361 $111,634
2012 $105,296 $107,442 $105,296 $107,474

Questions & Answers about the Prospect Housing Market Forecast

How much does an average home cost in Prospect today?

The value of an average home (the listing price) in Prospect is $241,326 USD.

What is the average price per square foot in Prospect?

According to Walletinvestor the median price per square foot in Prospect is 134 USD.

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

Yes. The Prospect home prices may rise from 241,326 USD to 268,171 USD in one year.

Is it profitable to invest in Prospect homes?

Yes. The long-term profit potential is +11.12% in one year.

Will Prospect house prices fall / drop?

No. See above.

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

The predicted home sales price of a Prospect home in 2030 in Prospect is 287,486 USD.

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

The predicted home sales price of a Prospect home in 2035 in Prospect is 334,636 USD.

Will real estate prices decrease in Prospect?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Prospect is the 11693. largest city in the United States, located in Tennessee State.

During the last 12 months the real estate prices in Giles, Prospect decreased, looking at the past 12 months.

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

Median home values decreased by 3.271% to 241,326 USD, between 2025-02-15 and 2026-02-15

The average annual profit of property investment was:

  • 9.724% in 2021
  • 13.054% in 2022
  • 11.804% in 2023
  • 12.304% in 2024
  • 11.554% in 2025
  • 12.944% in 2026

Based on our Prospect real estate market research and report the predicted sales prices will increase by 187.133% in the next 10 years.

Over the last 12 months, the value of homes in Prospect fluctuated: increasing 2 times and decreasing 3 times.

Prospect (Tennessee) Housing Market Price Prediction, Forecast for next months and years

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

Date Average price Minimum price Maximum price
Prospect Housing Market Forecast with Real Estate Prices for 2025
August 2025 250457 237183 263732
September 2025 252021 232111 271931
October 2025 253595 230518 276672
November 2025 255178 231957 278399
December 2025 256772 238284 275259
Prospect Housing Market Forecast with Real Estate Prices for 2026
January 2026 258375 239255 277495
February 2026 259988 243349 276627
March 2026 261577 248498 274655
April 2026 263210 247417 279003
May 2026 264853 247903 281804
June 2026 266507 244920 288094
July 2026 268171 249667 286675
August 2026 269846 243671 296021
September 2026 271531 251980 291081
October 2026 273226 256559 289893
November 2026 274932 248813 301051
December 2026 276649 254517 298781
Prospect Housing Market Forecast with Real Estate Prices for 2027
January 2027 276398 250140 302656
February 2027 275360 255259 295461
March 2027 274326 255672 292980
April 2027 273296 254438 292153
May 2027 272269 251849 292689
June 2027 271247 254158 288335
July 2027 271751 248924 294578
August 2027 272857 248027 297687
September 2027 274561 248203 300919
October 2027 276275 256107 296443
November 2027 278000 257984 298016
December 2027 279736 261553 297919
Prospect Housing Market Forecast with Real Estate Prices for 2028
January 2028 281483 254460 308505
February 2028 282385 257535 307235
March 2028 281994 267612 296376
April 2028 281444 259492 303397
May 2028 280387 252909 307865
June 2028 279334 263692 294977
July 2028 278285 262423 294148
August 2028 279177 257959 300394
September 2028 280920 265469 296370
October 2028 282674 260060 305288
November 2028 284439 261115 307763
December 2028 286215 268183 304246
Prospect Housing Market Forecast with Real Estate Prices for 2029
January 2029 286653 258275 315032
February 2029 285577 263302 307852
March 2029 284504 261744 307265
April 2029 283436 259911 306961
May 2029 283929 266325 301533
June 2029 285702 262846 308558
July 2029 287486 268799 306172
August 2029 287862 269727 305998
September 2029 287257 265425 309088
October 2029 287428 264434 310422
November 2029 286985 272349 301621
December 2029 286812 268170 305455
Prospect Housing Market Forecast with Real Estate Prices for 2030
January 2030 288603 270421 306785
February 2030 290405 269206 311605
March 2030 292219 267965 316473
April 2030 294043 275813 312274
May 2030 295879 268658 323100
June 2030 297727 281649 313804
July 2030 299586 275619 323553
August 2030 301416 280317 322515
September 2030 303298 283584 323013
October 2030 305192 274673 335711
November 2030 307098 286522 327673
December 2030 309015 279659 338372
Prospect Housing Market Forecast with Real Estate Prices for 2031
January 2031 310945 287624 334265
February 2031 312886 286917 338856
March 2031 314840 295320 334360
April 2031 316806 285125 348486
May 2031 318784 296469 341099
June 2031 318495 298429 338560
July 2031 317299 288424 346173
August 2031 316107 300302 331912
September 2031 314920 290671 339169
October 2031 313737 298050 329424
November 2031 312559 294743 330375
December 2031 313140 297170 329110
Prospect Housing Market Forecast with Real Estate Prices for 2032
January 2032 314415 290519 338310
February 2032 316378 300243 332513
March 2032 318353 296705 340001
April 2032 320341 300480 340202
May 2032 322341 299777 344905
June 2032 324354 304893 343815
July 2032 325394 306847 343942

> 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.