Prosper, TX Real Estate Market Update: July 2026

Want the latest numbers instead of a snapshot? See our live Prosper & Celina market data page for real-time inventory, prices, and days on market pulled directly from NTREIS MLS. This post is a monthly interpretation of those trends.

Prosper's market kept shifting in June. Prices climbed again, but homes are taking longer to sell and buyers have more to choose from than they did a year ago. Here's what that means if you're on either side of a deal right now.

The headline

Median price in Prosper hit $850,000 in July, up 8.3% year-over-year for single-family resale homes. That's a strong number, but it's happening alongside two other shifts worth noting: median days on market rose to 41, up 13 days from last year, and active listings jumped 19.1% to 386. Sold listings held roughly flat at 63, down just 1.6%.

Put together, that's a market where sellers are still getting paid, but buyers aren't rushing the way they were a year ago.

June closed sales by price band

The 63 sold listings behind this month's report break down like this by price band, single-family resale in the 75078 zip code:

• $300K to $350K: 3 sales
• $350K to $400K: 1 sale
• $400K to $500K: 1 sale
• $500K to $600K: 5 sales
• $600K to $700K: 4 sales
• $700K to $800K: 15 sales
• $800K to $900K: 10 sales
• $900K to $1,000K: 4 sales
• $1,000K+: 20 sales

The story here is a barbell, not a straight line. The $700K to $900K range is where the most activity is concentrated — 25 of the 63 sales, or about 40%. But the $1M+ band is the single largest segment on its own — 20 sales, nearly a third of everything that closed. Nothing sold under $300K, which tracks with Prosper's shift toward a family-home and estate-home market rather than an entry-level one.

For sellers, that means the middle of the market ($700K to $900K) is where the most buyer competition is, and pricing precisely in that band tends to move fastest. For buyers with a $1M+ budget, you're not alone. Roughly a third of everyone who closed last month was in your price range.

Days on market in June, by price band

The overall market took a median of 41 days to sell in this report, but that number hides a lot of variation once you break it down by price:

• $300K to $350K: 30 days median
• $350K to $400K: 218 days median
• $400K to $500K: 108 days median
• $500K to $600K: 38 days median
• $600K to $700K: 48 days median
• $700K to $800K: 78 days median
• $800K to $900K: 20 days median
• $900K to $1,000K: 92 days median
• $1,000K+: 33 days median

A couple of things stand out. The $800K to $900K band — the same range that had the second-highest sales volume — also sold the fastest at a 20-day median. That's the sweet spot right now: strong demand and quick turnaround. The $1,000K+ band moved fast too, at 33 days, which is notable given how much dollar volume and typically longer marketing time luxury homes carry.

On the other end, the $350K to $500K range shows median days of 108 and 218. Take those with a grain of salt. Those two bands had only one closed sale each this period, so a single home's timeline is driving the whole median. It's not a sign that entry-level Prosper homes are stuck — it's a sign there's barely any inventory left in that price range to sell in the first place.

The $900K to $1,000K band is the one worth watching. With 4 sales and a 92-day median, homes just under the $1M mark are taking meaningfully longer than the bands directly above and below them. If you're pricing in that range, expect a longer runway and budget your marketing accordingly.

What buyers are seeing

• More time to decide. With active listings up nearly 20% and days on market stretching past a month, buyers can tour, compare, and negotiate without the pressure of 2021 to 2022 conditions.
• Pricing discipline still matters. Homes priced ahead of recent comps are the ones sitting closest to that 41-day median or longer. Well-priced homes are still moving faster.
• More room to negotiate on terms. With sold volume essentially flat while inventory grows, sellers are more open to closing-cost credits, repair requests, and flexible timelines than they were a year ago.

What sellers should know

• Price to the comp, not the headline number. An 8.3% year-over-year gain is a market-wide average, not a guarantee for every listing. Overpricing against that trend is the fastest way to end up sitting past 41 days.
• Days on market is the number to watch. It's the clearest sign the market has cooled from its peak urgency. Expect more time between listing and offer than you saw a year ago, and price accordingly.
• You're not competing in a vacuum anymore. With 386 active listings, buyers have real alternatives. Presentation, condition, and pricing all matter more than they did when inventory was tight.

What I'm watching

Whether the rise in days on market stabilizes or keeps climbing over the next couple of months. A 13-day jump year-over-year is meaningful, and if that trend continues into fall, it could shift pricing power further toward buyers, especially at the higher end of the market.

Want a custom report for your home or street?

If you'd like a free, no-pressure market analysis for your specific address, including recent sales, current competition, and a realistic pricing range, call or text Anne at 945.302.1437 or request a home valuation. You can also explore the live Prosper & Celina market data for up-to-date MLS charts.

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

Source: MetroTex Association of Realtors®. Data reflects single-family resale, percent change compared to prior year.