Prosper Home Values

Compared with the rest of Collin County, Prosper's housing market continues to operate in a different tier. Based on MLS data for 2026-07 closings in Prosper, price per square foot landed just under $250 — roughly a fifth above the county-wide figure near $200 — while the median sale price, north of $910,000, ran nearly double Collin County's broader median. That premium isn't coming with the same seller flexibility seen county-wide: just under half of Prosper's closings included a concession, compared with roughly six in ten across the county, and sellers gave back only a sliver of list price on average, essentially flat against year-ago levels.

The pipeline underscores that gap. Months of supply in Prosper held near nine, well above the roughly six months registered across Collin County, while new listings landed at close to eighty percent of the active pool — a slightly lower replenishment pace than the county saw. Pending contracts represented only about one in ten active listings, a thinner absorption rate than Collin County's, suggesting Prosper's premium pricing is being tested by a comparatively slower conversion of inventory into contracts heading into late summer.

The median days to close in Prosper fell to the low forties this quarter — roughly 20% faster than the trailing annual pace — a velocity signal embedded in MLS data for 2026-06 closings that cuts against the broader narrative of a slow market. Based on MLS data for 2026-06 closings in Prosper, price per square foot held near $249, largely flat against prior readings, while median sale prices pushed just above $895,000. Roughly half of all closed transactions still carried seller concessions averaging around $16,500, and nearly half of homes closed below list — sellers remain accommodating even as homes are moving off market more briskly.

Active listings in Prosper held steady near 670 homes while pending contracts stood at roughly 115 — a ratio of nearly six available for every one under contract, keeping months of supply above nine. New listing activity outpaced pending volume by nearly five to one over the quarter, widening the supply gap as the market moves into summer. The tightening in days-to-contract observed in closed sales has not yet translated into a meaningful draw-down of the active inventory pool.

Per-square-foot values in Prosper have settled around $246 — roughly 24% above the broader Collin County average — signaling a persistent premium that held even as annual prices slipped just over two percent year-over-year. Based on MLS data for recent closings in Prosper, sellers received close to 97 cents on the dollar on median, with nearly half of all transactions carrying some form of concession, averaging roughly $17,000 per closing. The share of homes closing below list price has climbed toward the high forties, a pattern consistent with a market that continues re-anchoring after the peak pricing cycle ended.

Supply conditions in Prosper have tracked notably above the county baseline, with months of supply approaching 10 compared to roughly 7 across Collin County — a gap that points toward continued buyer negotiating room in the near term. New listings have maintained a steady pace while pending activity implies absorption is running at a fraction of available stock. Median days to contract has come in somewhat faster than county norms, suggesting that correctly priced homes are still moving, even as the overall inventory overhang persists.