Prospect Housing Market Report February 2025•Giles County, Tennessee

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Housing Prices in Prospect, TN

How much do homes in Prospect, TN cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$344,500$160/SqFt
+$62,100
+22.0%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Prospect has increased by 22% since last year.

Summary: The median home list price in Prospect was $344,500 in February 2025, up 22% from the previous year, and the median price per square foot was $160.

Median List Price By Cities

Median List Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Goodspring
+34.0%
Prospect
+22.0%
Ardmore
-6.9%
Minor Hill
-24.7%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1-$139.5K
N/A
2$134.9K$327.4K
+142.7%
3$289.9K$359K
+23.8%
4$490K$350K
-28.6%
5$437K$219K
-49.9%

Summary: Prospect housing price by bedroom type for February 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 +142.7%. The home price for 3 bedroom homes increased by +23.8%. The home price for 4 bedroom homes decreased by -28.6%. The home price for 5 bedroom homes decreased by -49.9%.

Housing supply in Prospect, TN

How many homes are available in Prospect, TN?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
14Last MonthFeb 2025
152 months agoJan 2025
-6.7 %
Change MoMJan – Feb

Summary: The Prospect real estate market had 14 homes for sale in Feb 2025, a 6.7 % decrease compared to Jan 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
100
0.0%
233
0.0%
377
0.0%
443
-25.0%
511
0.0%

Summary: Prospect housing inventory by bedroom type for February 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 remained the same. The inventory for 4 bedroom homes decreased by -25.0%. The inventory for 5 bedroom homes remained the same.

Days on Market for Prospect, TN

How long does it take to sell a home in Prospect, TN?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
124 DaysThis YearFeb 2025
183 Days1 year agoFeb 2024
-31.8 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Prospect had an average listing age of 124 days in Feb 2025, down by 31.8% compared to the previous year.

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Newest Listings in Prospect, TN

What homes are available in Prospect, TN?

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Nearby markets

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Popular Cities with Homes for Sale in Tennessee

MLS Disclaimers and Copyright

Based on information from RealTracs Middle Tennessee Regional MLS, and ValleyMLS for the period 03/01/2023 - 03/01/2025

IDX Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

IDX© 2025 of the REALTRACS MLS. All rights Reserved.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/10/2025, 12:48:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to ValleyMLS on this Web site derived in part from the VALLEYMLS.COM MLS (VALLEYMLS.COM) IDX datashare program. © 2025 Valley MLS, Inc.

All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/10/2025, 12:55:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.