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Prospect, KY 40059 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Prospect, KY inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.16
ActiveActive listings: 6262PendingPending sales: 1010
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): $738k$738kSoldMedian sold price (last 6 months): $725k$725k
What homes actually sell for in Prospect, KY
Distribution of 240 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $462k to $911k
$220k to $398k: 26 sales$220k$398k to $577k: 54 sales54sales$577k to $756k: 42 sales$577k$756k to $935k: 51 sales$935k to $1.11M: 21 sales$935k$1.11M to $1.29M: 13 sales$1.29M to $1.47M: 5 sales$1.29M$1.47M to $1.65M: 3 salesMedian $725k

What the numbers say

As of September 14, 2026, Resideline is tracking 62 active listings and 10 pending sales in ZIP code 40059. That pending-to-active ratio of 0.16 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $737,500, while the median of the 240 closed sales Resideline tracked over the last six months was $725,000. 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 85 days.

Frequently asked questions

What is the median home price in 40059?

The median closed sale price in Prospect, KY 40059 was $725,000 over the last six months, based on 240 closed sales tracked by Resideline. The middle half of those sales ranged from $462,000 to $911,000.

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

Resideline is currently tracking 10 pending sales against 62 active listings in 40059, a pending-to-active ratio of 0.16. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 40059 currently looks like a balanced market.

Nearby ZIP code market data

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