· 4 min read · Market UpdateProsper TX

Prosper, TX Real Estate Market Update: August 2026

What happened in the Prosper, TX housing market in August 2026, compared to a year ago: prices moved closer to true value, buyers gained a little more time and leverage, and inventory grew. Here's what it means for buyers and sellers.

Luxury Prosper Texas home at golden hour with for-sale sign

The headline

Compared to August 2025, median price in Prosper came in at $760,000, down 2.6% year-over-year. Homes took a median of 57 days to sell, up 20 days from last August. Active listings sit at 335, up 16.7% year-over-year, while sold listings came in at 43, down 27.1% from last August.

Put plainly: this is a market that's giving buyers more room to shop and think, without pricing sellers out of a sale. Homes are still moving, there's a strong selection to choose from, and well-priced listings continue to find buyers.

What buyers are seeing

  • More time to decide. With days on market up year-over-year, there's less pressure to rush into an offer.
  • Room to negotiate. Sellers are more open to conversations on price and terms than they were a year ago.
  • Plenty of options. Inventory is up nearly 17% from last August, so there's a strong selection to choose from.

What sellers should know

  • Price to today's market. Homes priced against current activity are the ones generating real interest.
  • A longer runway isn't a bad thing. More days on market means more buyers get a real look at your home before deciding, which often leads to a stronger, more confident offer.
  • Good presentation still wins. With more homes competing for buyer attention this year, strong pricing and marketing make the difference.

What I'm watching

Sold listings are down 27% year-over-year, even with more inventory on the market. I'll be watching whether that gap narrows in the months ahead. Either way, Prosper continues to draw strong buyer interest, and well-priced, well-presented homes will continue to attract.

Want a read on your specific home or neighborhood?

Call or text me at 945.302.1437, or request a home valuation, and I'll walk you through what these numbers mean for your street specifically.

Anne Cicero is a Realtor® with Monument Realty in Prosper. She and her family have called Prosper home since 2019.

Source: MetroTex Association of Realtors. % change compared to last year, single-family home resale.