Is Prosper, TX 75078 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Prosper is a balanced market. With about 5.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score9/ 100

More competitive than 3% of U.S. ZIP codes, and #795 of 868 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply5.6Under 4 months = seller’s market
Sold above original list3.6%Share of sales, last 3 months
Median sale-to-list96.1%Sold price ÷ list price
Median days on market91Listing to accepted offer
Median price per sq ft$223▼ −8.9% vs. last year

The Prosper housing market right now

In the three months ending August 31, 2026, 4% of homes in Prosper, TX 75078 sold above their list price, the typical home went under contract in 91 days and there were 5.6 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 285 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (3% then), homes sold more slowly (73 days then) and the median sale price fell 5% to $784,660. Overall, Prosper is less competitive than a year ago, which gives buyers more room.

Within Collin County, homes here sell more slowly than in 96% of the county’s ZIP codes, and sell less often over asking than in 89%. On our competition score, Prosper ranks #795 of 868 TX ZIP codes with enough sales (score 9 out of 100).

Nearby, Plano 75074 (20% sold over asking) and Plano 75023 (20% sold over asking) are even more competitive.

Nearby markets

Allen 75002Seller’s market $218 /sq ftAllen 75013Seller’s market $223 /sq ftAnna 75409Balanced $166 /sq ftBlue Ridge 75424Balanced $184 /sq ft Browse all markets →

Where Prosper is

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Questions about Prosper real estate

Is Prosper a buyer’s or seller’s market?

A balanced market: there were 5.6 months of supply in Prosper, TX 75078 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Prosper?

The typical home went under contract in 91 days in the latest three months.

Do homes in Prosper sell over asking?

4% of homes sold above their original list price, and the typical sale closed at 96.1% of the list price.

What are property taxes in Prosper?

About 1.58% of a home’s value a year in Collin County, or roughly $6,320 on a $400,000 home.

What is the median home price in Prosper?

The median sale price was $784,660 in the three months ending August 31, 2026, about $223 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology