Foreclosure Homes in Prosper, TX

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Prosper, TX Foreclosures

How much do homes sell for in Prosper, TX?
The average home price is currently $849,963.
In Prosper, TX, how many homes are available?
There are currently 9,311 active home listings available in Prosper.
What’s the average rental cost in Prosper, TX?
The average rental price in Prosper is $2,743.
What is the most expensive home in Prosper, Texas?
The most expensive home sold in Prosper had a price of $46,652,800.
What is currently the cheapest priced home in Prosper, TX?
The cheapest home for sale in Prosper is priced at $63,472.

Home Value Estimator For Prosper, TX

There are currently 9,311 real estate properties in Prosper, TX, with a median automated valuation model (AVM) price of $768,901.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Prosper, TX, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Prosper, TX, is $849,963.00, with the most expensive house in Prosper, TX, topping out at $46,652,800.00 and the cheapest home in Prosper, TX, clocking in at $63,472.00. In other words, there’s something for every potential homebuyer or savvy investor in Prosper, TX!

Rent Prices In Prosper, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Prosper, TX, is on a rollercoaster ride. The average rent price in Prosper, TX, is $2,743.00. Indeed, when looking to rent in Prosper, TX, you can expect to pay as little as $780.00 or as much as $3,860.00, with the average rent median estimated to be $2,840.00. The good news is that finding an affordable and desirable property to rent in Prosper, TX -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Top Reasons To Live In Prosper, TX In 2024

Prosper is located in Collin, Texas, with an estimated municipal population of 24,579 residents. All of the best foreclosed homes for sale in Prosper are located in the following zip code areas on 75078. The estimated population per square kilometer (.62 miles) in Prosper is 376.

Cost Of Living In Prosper, TX

So, about how much do homes cost in Prosper? The most recent median value of resident-owned homes in Prosper is 453,222. An estimated 86.4 percent of households in Prosper own their homes, with an average family size of 3.6. The median household income in Prosper is 146,733, with72.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Prosper, the median commute time of resident workers (in minutes) is 34.9. And last, but certainly not least, are you looking for homes to rent in Prosper? If so, the average rent price paid by renters in Prosper is 1,497, according to recent statistics.

Diversity And Demographics In Prosper, Texas

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Prosper, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Prosper is 35.8, split between 49.2 percent male versus 50.8 female. The percentage of residents who report being married in Prosper is 70.2, with an average family size of 3.6.

The percentage of residents who report their race in Prosper is as follows:

White 83.4%
Black / African American 7.3%
Asian 4.9%
American Indian / Alaskan Native 0.8%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.9%
Other 0.7%

Looking for family-friendly neighborhoods in and/or near Prosper? Or maybe you are searching for 55+ active adult communities in and/or near Prosper?

The percentage of residents who report their age in Prosper is as follows:

Under 10 17.9%
Aged 10-19 18.7%
20s 7.2%
30s 14.4%
40s 18.5%
50s 13.1%
60s 6.1%
70s 3.6%
80+ 0.4%

Best Schools In Prosper, Texas

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Prosper with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Prosper.

Pros And Cons Of Living In Prosper, Texas

How do you know that living in -- or moving to -- Prosper is right where you need to be? Perhaps you grew up in Prosper or already live nearby; therefore, the decision to buy a home in Prosper is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Prosper for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Prosper:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Prosper.

Reasons To Move To Prosper, Texas, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Prosper can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Prosper, meanwhile, can field multiple offers from more qualified buyers.

Prosper, TX Foreclosures


Listing types in Prosper, TX

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