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Today: September 23, 2025

Current Price

$198,768

1 Month Forecast

$209,522

1-Year Forecast *

$227,344

5-Year Forecast *

$242,273

"Is it a good time to buy homes in Prospect?" "Does investing in real estate in Prospect (Virginia State, Prince Edward 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 Virginia State, Prince Edward 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 198,768 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" area is 242,273 USD by 2030-09-23. For a 5-year investment the profit is expected to be around +21.89% meaning that investing 100000 USD today may yield a profit of 21,887 USD by 2030.

Current Median Listing Price: 198,768 USD Median Listing Price Per Square Foot: 110 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 (Virginia 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 Price Target

Prospect median home price target in 12 months: $227,344* (upside of 14.4%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $219,865 $207,558 $207,558 $219,865
2024 $200,356 $198,768 $198,768 $207,660
2023 $190,908 $202,426 $190,908 $205,403
2022 $182,522 $187,409 $182,522 $189,442
2021 $165,128 $181,396 $165,128 $181,396
2020 $146,562 $162,739 $145,855 $162,739
2019 $142,540 $146,733 $142,540 $147,181
2018 $136,509 $141,671 $136,326 $141,671
2017 $134,571 $136,786 $134,571 $137,447
2016 $0 $132,937 $0 $132,937
2015 $0 $0 $0 $0
2014 $0 $0 $0 $0
2013 $0 $0 $0 $0
2012 $0 $0 $0 $0

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 $198,768 USD.

What is the average price per square foot in Prospect?

According to Walletinvestor the median price per square foot in Prospect is 110 USD.

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

Yes. The Prospect home prices may rise from 198,768 USD to 227,344 USD in one year.

Is it profitable to invest in Prospect homes?

Yes. The long-term profit potential is +14.38% 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 242,273 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 282,795 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 16917. largest city in the United States, located in Virginia State.

During the last 12 months the real estate prices in Prince Edward, 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 2.811% to 198,768 USD, between 2024-09-23 and 2025-09-23

The average annual profit of property investment was:

  • 14.376% in 2020
  • 15.606% in 2021
  • 12.656% in 2022
  • 12.456% in 2023
  • 14.506% in 2024
  • 16.016% in 2025

Based on our Prospect real estate market research and report the predicted sales prices will increase by 283.143% in the next 10 years.

Over the last 12 months, the value of homes in Prospect fluctuated: increasing 1 times and decreasing 9 times.

Prospect (Virginia) 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 Housing Market Forecast with Real Estate Prices for 2025
August 2025 209522 189408 229636
September 2025 211505 193738 229271
October 2025 213506 198988 228024
November 2025 215526 194620 236432
December 2025 217566 196897 238234
Prospect Housing Market Forecast with Real Estate Prices for 2026
January 2026 219372 204674 234070
February 2026 219596 205761 233430
March 2026 219644 200096 239193
April 2026 221010 208413 233608
May 2026 223102 201907 244296
June 2026 225213 210349 240077
July 2026 227344 210521 244167
August 2026 229096 207103 251089
September 2026 230680 214532 246827
October 2026 232327 210953 253702
November 2026 233770 219977 247562
December 2026 234808 212736 256880
Prospect Housing Market Forecast with Real Estate Prices for 2027
January 2027 235207 219213 251201
February 2027 235990 213807 258173
March 2027 237554 225201 249907
April 2027 239802 217740 261864
May 2027 241397 225948 256846
June 2027 241709 223581 259837
July 2027 240276 218411 262141
August 2027 238536 217306 259765
September 2027 238417 215052 261782
October 2027 239206 215764 262648
November 2027 241469 224808 258131
December 2027 243754 222060 265448
Prospect Housing Market Forecast with Real Estate Prices for 2028
January 2028 246061 230313 261809
February 2028 248389 227524 269254
March 2028 250739 234441 267037
April 2028 252662 228912 276413
May 2028 252739 228729 276749
June 2028 252030 227331 276729
July 2028 252118 228671 275565
August 2028 251548 231675 271420
September 2028 251033 228440 273626
October 2028 249215 224543 273887
November 2028 247410 224154 270667
December 2028 246362 226407 266317
Prospect Housing Market Forecast with Real Estate Prices for 2029
January 2029 247853 228768 266938
February 2029 250198 225679 274718
March 2029 252566 233623 271508
April 2029 253945 235407 272483
May 2029 253288 228212 278363
June 2029 251603 231223 271982
July 2029 250103 237097 263108
August 2029 248497 232345 264649
September 2029 246698 228195 265200
October 2029 244911 227522 262300
November 2029 247228 223989 270468
December 2029 245438 225067 265809
Prospect Housing Market Forecast with Real Estate Prices for 2030
January 2030 243661 229285 258036
February 2030 241896 226173 257619
March 2030 240144 216610 263678
April 2030 238405 215995 260815
May 2030 237752 214928 260577
June 2030 240002 218162 261842
July 2030 242273 227979 256567
August 2030 244566 225000 264131
September 2030 246880 233548 260211
October 2030 249216 234762 263671
November 2030 251285 233444 269126
December 2030 251541 233682 269401
Prospect Housing Market Forecast with Real Estate Prices for 2031
January 2031 251597 229708 273486
February 2031 253162 229365 276959
March 2031 255557 236391 274724
April 2031 257976 237338 278614
May 2031 260417 236198 284636
June 2031 262423 241954 282893
July 2031 264238 243099 285377
August 2031 266125 245634 286617
September 2031 267777 245016 290538
October 2031 268967 249870 288063
November 2031 269424 247870 290977
December 2031 270321 243829 296812
Prospect Housing Market Forecast with Real Estate Prices for 2032
January 2032 272112 250616 293609
February 2032 274687 258206 291169
March 2032 276514 262412 290616
April 2032 276872 250292 303452
May 2032 275230 249633 300826
June 2032 273237 251378 295096
July 2032 273101 247429 298772
August 2032 274004 246878 301130
September 2032 276597 259448 293746
October 2032 279214 259390 299038
November 2032 281856 254516 309196
December 2032 284523 260908 308139
Prospect Housing Market Forecast with Real Estate Prices for 2033
January 2033 287216 258494 315937
February 2033 289418 268001 310835
March 2033 289506 261714 317299
April 2033 288694 269063 308325
May 2033 288795 260204 317385
June 2033 288142 265378 310905
July 2033 287552 265410 309693

> 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.