How much does it cost to buy a house in Prospect, OR?

In May 2026 Prospect homes were listed to buy for a median price of $425K, which is a 20% decrease to April 2025 last month, and a 20% decrease to May 2025 last year. The median value of a home listed to buy in Prospect in May 2026 was $272 per sqft, which is a 16% decrease to April 2025 last month, and a 16% decrease to May 2025 last year.

Is it affordable or expensive to live in Prospect, OR?

It is affordable to live in Prospect. Buying a home in Prospect is 1% less expensive compared with the national average.

Is it a good time to buy property in Prospect, OR?

Yes now is a good time to buy property in Prospect, in May 2026, homes in Prospect have decreased in value (price per sqft) by 16% in the last year compared with May 2025.

Is the Prospect, OR housing market slowing down?

The housing market in Prospect is slowing down. In May 2026, homes to buy in Prospect spent an median 178 days on the market, a 5% decrease from May 2025 last year.

How much money should I make to buy a house in Prospect, OR?

In May 2026, Prospect homes were listed to buy for a median price of $425K, with 25% down you would need $2.4K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $82.4K.

Is it a good time to sell my house in Prospect, OR?

Yes now is a good time to sell your house in Prospect, in May 2026, homes in Prospect have decreased in value (price per sqft) by 16% in the last year compared with May 2025.