Welcome to our new and improved Prospect Homes Report! In this report, we cover the average home sales price and the number of homes sold in the Prospect neighborhood and surrounding areas. Previously, I used median sale price (which is better for math reasons) but switched to average sale price because that’s a value more people are familiar with.

Photo of a home in Prospect - Prospect Homes Report, Louisville MLS Area 9
Norton Commons, Louisville’s only planned community, has a unique style and attributes for today’s new generation of homeowners.

This Prospect Homes Report covers all the homes located within Prospect and its surrounding areas as defined by the Louisville Association of Realtors (GLAR) as Louisville MLS Area 2 (see the map). I include the following Louisville neighborhoods and condo buildings:

Louisville MLS Map Area 9 thumbnail
Area 9 is shown above. Visit Louisville Homes for Sale for more details.

Other neighborhoods and subdivisions besides those listed are also included. Check out Best Louisville Neighborhoods for more information about the nicest neighborhoods in the greater Louisville, Kentucky area.

Prospect Homes Report

Now let’s look at the average home sales price and the number of homes sold in Prospect and surrounding areas within Louisville, Kentucky.

Home sales chart and home prices chart for Prospect neighborhood in Louisville Kentucky for the 12 months ending April 2024 - MLS Area 9

It’s important to note a few things.

  1. The sample size varies greatly by the MLS area. Area 0 is quite small and may only have a handful of properties sold in a given month. Area 7 is Louisville’s largest MLS area. Look at each chart’s scale to get a better feel for the area’s size.
  2. The 1-year trend-line gauges where home values are going. This is superior to simply looking at the monthly totals. We average the previous 12 months of the average sale prices to arrive at this value.

This Prospect Homes Report is just one of the many housing reports I publish here. Having access to this accurate, current information gives you control. This helps you make the best possible decision in your home-buying transaction. If you have any questions, please contact Tre Pryor as I would love to work with you on achieving your real estate goals.

Would you like to use one of our graphics? There are two conditions. First, do not modify the graphic. Second, cite Tre Pryor as the author by providing a link back to this website.

We also have Average Home Price in Louisville KY and the Louisville Home Sales Chart updated monthly.

Prospect Kentucky Summary

Prospect is an affluent and picturesque suburb located northeast of downtown Louisville, Kentucky, along the Ohio River. Situated in Jefferson County, Prospect is known for its upscale homes, scenic landscapes, and waterfront properties. The neighborhood covers a significant area and is characterized by its rolling hills, wooded lots, and spacious estates. Prospect is a highly desirable residential area, attracting families and professionals seeking a tranquil yet convenient lifestyle within close proximity to Louisville’s amenities. The population of Prospect is around 5,000 residents, contributing to its exclusive and close-knit community feel.

One of the most noteworthy aspects of Prospect is its stunning natural surroundings and outdoor recreational opportunities. The neighborhood boasts several parks, including Harrods Creek Park and Hunting Creek Country Club, providing residents with access to hiking trails, sports facilities, and beautiful views of the Ohio River.

Prospect is also known for its prestigious golf courses, including the prestigious Hunting Creek Country Club and Glen Oaks Country Club, catering to golf enthusiasts and offering upscale amenities for residents. The neighborhood’s location along the riverfront adds to its charm, with many homes enjoying scenic waterfront views and access to boating and water activities.

Overall, Prospect offers an idyllic suburban lifestyle with a focus on outdoor living and upscale amenities, making it a sought-after destination for those seeking luxury and natural beauty in the Louisville area.