Current Price

$198,768

1 Month Forecast

â–² $207,770

1-Year Forecast *

â–² $222,401

5-Year Forecast *

â–² $234,904

"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 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Prospect" area is 234,904 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +18.18% meaning that investing 100000 USD today may yield a profit of 18,180 USD by 2031.

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: 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: $222,401* (upside of 11.9%)

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 222,401 USD in one year.

Is it profitable to invest in Prospect homes?

Yes. The long-term profit potential is +11.89% 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 229,348 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 244,771 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 8.005% to 198,768 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 13.569% in 2021
  • 10.609% in 2022
  • 11.329% in 2023
  • 13.559% in 2024
  • 13.329% in 2025
  • 13.169% in 2026

Based on our Prospect real estate market research and report the predicted sales prices will increase by 207.530% in the next 10 years.

Over the last 12 months, the value of homes in Prospect fluctuated: decreasing 4 times.

Prospect (Virginia) 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 207770 193641 221898
September 2025 207816 195762 219869
October 2025 209108 196562 221655
November 2025 211043 192893 229192
December 2025 212995 200429 225562
Prospect Housing Market Forecast with Real Estate Prices for 2026
January 2026 214966 204218 225714
February 2026 216622 195177 238068
March 2026 218120 204597 231643
April 2026 219678 206058 233298
May 2026 221042 199380 242704
June 2026 222023 210700 233347
July 2026 222401 203274 241527
August 2026 223141 203728 242554
September 2026 224620 204404 244836
October 2026 226698 204482 248915
November 2026 228206 206070 250342
December 2026 228501 208165 248838
Prospect Housing Market Forecast with Real Estate Prices for 2027
January 2027 227146 206022 248271
February 2027 225417 203777 247057
March 2027 225305 205703 244906
April 2027 226050 211583 240517
May 2027 228141 213540 242742
June 2027 230252 211371 249133
July 2027 232382 209376 255388
August 2027 234532 221633 247431
September 2027 236702 224394 249011
October 2027 238517 224206 252828
November 2027 238590 218071 259108
December 2027 237921 216270 259571
Prospect Housing Market Forecast with Real Estate Prices for 2028
January 2028 238003 216345 259661
February 2028 237465 221317 253613
March 2028 236979 215888 258070
April 2028 235173 221298 249048
May 2028 233380 212376 254384
June 2028 232391 213800 250983
July 2028 233798 215094 252502
August 2028 235961 218736 253186
September 2028 238144 221236 255052
October 2028 239444 226754 252135
November 2028 238825 221152 256498
December 2028 237236 214224 260248
Prospect Housing Market Forecast with Real Estate Prices for 2029
January 2029 235822 219550 252093
February 2029 234308 218843 249772
March 2029 232522 217175 247868
April 2029 230749 212520 248979
May 2029 232884 219843 245926
June 2029 231109 216780 245438
July 2029 229348 210541 248154
August 2029 227599 206205 248994
September 2029 225865 204407 247322
October 2029 224143 202401 245885
November 2029 223529 203412 243647
December 2029 223757 210332 237183
Prospect Housing Market Forecast with Real Estate Prices for 2030
January 2030 223807 201874 245740
February 2030 225199 208309 242089
March 2030 227282 206372 248192
April 2030 229385 212411 246360
May 2030 231507 215533 247481
June 2030 233291 218361 248222
July 2030 234904 220340 249468
August 2030 236582 219312 253852
September 2030 238051 215912 260189
October 2030 239108 225479 252737
November 2030 239514 227059 251969
December 2030 240312 224211 256413
Prospect Housing Market Forecast with Real Estate Prices for 2031
January 2031 241905 229809 254000
February 2031 244143 221926 266360
March 2031 245766 230775 260758
April 2031 246084 227136 265033
May 2031 244625 226033 263216
June 2031 242762 219457 266068
July 2031 242642 223958 261325
August 2031 243444 220074 266815
September 2031 245696 230463 260930
October 2031 247970 235075 260864
November 2031 250264 237751 262777
December 2031 252579 230605 274554
Prospect Housing Market Forecast with Real Estate Prices for 2032
January 2032 254916 232483 277349
February 2032 256871 239147 274595
March 2032 256949 236907 276991
April 2032 256228 234193 278264
May 2032 256317 243501 269133
June 2032 255738 233233 278243
July 2032 255214 230459 279970

> Page 2: detailed data / price table <

Best Prospect property forecast, Prospect house price prediction, Prospect housing forecast, Prospect property investment tips, Prospect prediction, Prospect real estate analyst report, Prospect property price forecast, Prospect housing index forecast tomorrow, Prospect real estate technical analysis, Prospect property future price, Prospect housing projections, Prospect property market prognosis, Prospect expected house price.
How will Prospect house price increase? Will Prospect real estate prices go up? Will Prospect real estate prices fall? Will Prospect house prices drop? Will Prospect house prices rise? Is Prospect housing price going up? Is it time to buy a Prospect home? When will Prospect house prices go down? When will Prospect real estate prices drop?
* 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.