#24102272, Paul Roger, Listing office: Full Service Realty LLC
Prospect Housing Market Report May 2025•New Haven County, Connecticut
Housing Prices in Prospect, CT
How much do homes in Prospect, CT cost?
Housing Market Conditions
Is Prospect, CT a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Prospect is a Seller's Market
Difference Since May 2024
Since last year, Prospect has remained a Seller's Market.
Prospect is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Prospect have sold for 9.5% more than they did a year ago.
Summary: The median home sold price in Prospect was $405,000 in May 2025, up 9.5% from last year, and the median price per square foot was $247.
Median Sold Price By Bedrooms
Beds | May 2024 | May 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | $309.9K | $357.5K | +15.4% |
33 Bedrooms | $370K | $400K | +8.1% |
44 Bedrooms | $506K | $532K | +5.1% |
55+ Bedrooms | - | $570K | N/A |
Summary: Prospect housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +15.4%. The home price for 3 bedroom homes increased by +8.1%. The home price for 4 bedroom homes increased by +5.1%. The home price for 5 bedroom homes did not change.
How does Prospect, CT compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Prospect, CT
Housing supply in Prospect, CT
How many homes are available in Prospect, CT?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
26Last MonthMay 2025 | ||
222 months agoApr 2025 | +18.2 % Change MoMApr – May |
Summary: The Prospect real estate market had 26 homes for sale in May 2025, a 18.2 % increase compared to Apr 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
5Last MonthMay 2025 | ||
22 months agoApr 2025 | +150.0 % Change MoMApr – May |
Homes For Sale By Bedroom Count
Beds | Apr 2025 | May 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 6 | 6 | 0.0% |
33 Bedrooms | 14 | 17 | +21.4% |
44 Bedrooms | 2 | 3 | +50.0% |
55+ Bedrooms | 0 | 0 | 0.0% |
Summary: Prospect housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +21.4%. The inventory for 4 bedroom homes increased by +50.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Prospect, CT cost?
Over Asking Price3 Homes
At Asking Price0 Home
Under Asking Price2 Homes
If you're buying a home in Prospect, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Prospect in May 2025, up by 150.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and and 60% were sold over asking.
Days on Market for Prospect, CT
We’re sorry, we don't have information for this market at the moment.
Home sale times aren’t available for this area.
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Newest Listings in Prospect, CT
What homes are available in Prospect, CT?
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MLS Disclaimers and Copyright
Based on information from SmartMLS, for the period 06/01/2023 - 06/01/2025

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/9/2025, 12:55:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.