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Prospect Housing Market Report June 2025•Prince Edward County, Virginia

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Housing Prices in Prospect, VA

How much do homes in Prospect, VA 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.
$232,450$159/SqFt
-$52,450
-18.4%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Prospect has decreased by 18.4% since last year.

Summary: The median home list price in Prospect was $232,450 in June 2025, down 18.4% from the previous year, and the median price per square foot was $159.

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
Pamplin
+30.6%
Appomattox River
+8.1%
Prospect
-18.4%

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.
BedsJun 2024Jun 2025Change YoY
1--
N/A
2$159.9K$264.5K
+65.4%
3$299.9K$227.4K
-24.2%
4$524.9K$335K
-36.2%
5--
N/A

Summary: Prospect housing price by bedroom type for June 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 +65.4%. The home price for 3 bedroom homes decreased by -24.2%. The home price for 4 bedroom homes decreased by -36.2%. The home price for 5 bedroom homes did not change.

How does Prospect, VA compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Prospect, VA

Housing supply in Prospect, VA

How many homes are available in Prospect, VA?

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
7Last MonthJun 2025
72 months agoMay 2025
0.0 %
Change MoMMay – Jun

Summary: The Prospect real estate market had 7 homes for sale in Jun 2025, the same as May 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.
BedsMay 2025Jun 2025Change MoM
100
0.0%
211
0.0%
365
-16.7%
401
+100.0%
500
0.0%

Summary: Prospect housing inventory by bedroom type for June 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 decreased by -16.7%. The inventory for 4 bedroom homes increased by +100.0%. The inventory for 5 bedroom homes remained the same.

Days on Market for Prospect, VA

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

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
94 DaysThis YearJun 2025
56 Days1 year agoJun 2024
+69.1 %
Change YoYJun 2024 – Jun 2025

Summary: Homes in Prospect had an average listing age of 94 days in Jun 2025, up by 69.1% compared to the previous year.

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Newest Listings in Prospect, VA

What homes are available in Prospect, VA?

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Nearby markets

Popular Cities with Homes for Sale in Virginia

MLS Disclaimers and Copyright

Based on information from Central Virginia Regional MLS, and Lynchburg MLS for the period 07/01/2023 - 07/01/2025

IDX All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 8/1/2025, 2:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Information is provided by the Lynchburg Association of REALTORS®. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. All properties are subject to prior sale, change or withdrawal. Listing(s) information 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. Copyright 2025 Lynchburg Association of REALTORS®. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 8/1/2025, 2:45:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.