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Prospect, KY 40059 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Prospect, KY inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.15
ActiveActive listings: 5959PendingPending sales: 99
Prospect, KY: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $905k$905kSoldMedian sold price (last 6 months): $735k$735k
What homes actually sell for in Prospect, KY
Distribution of 228 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $489k to $982k
$255k to $448k: 36 sales$255k$448k to $641k: 51 sales51sales$641k to $834k: 45 sales$641k$834k to $1.03M: 38 sales$1.03M to $1.22M: 15 sales$1.03M$1.22M to $1.41M: 11 sales$1.41M to $1.61M: 5 sales$1.41M$1.61M to $1.8M: 4 salesMedian $735k

What the numbers say

As of October 26, 2026, Resideline is tracking 59 active listings and 9 pending sales in ZIP code 40059. That pending-to-active ratio of 0.15 makes it a faster-moving market: listings are going under contract faster than in most of the ZIP codes Resideline tracks.

The median asking price of current listings is $905,000, while the median of the 228 closed sales Resideline tracked over the last six months was $735,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 40059 for 90 days.

Frequently asked questions

What is the median home price in 40059?

The median closed sale price in Prospect, KY 40059 was $735,000 over the last six months, based on 228 closed sales tracked by Resideline. The middle half of those sales ranged from $489,000 to $982,500.

Is 40059 a buyer's or seller's market?

Resideline is currently tracking 9 pending sales against 59 active listings in 40059, a pending-to-active ratio of 0.15. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 40059 is currently a faster-moving market.

Nearby ZIP code market data

Full Prospect, KY housing market report →

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