Skip to main content

KY area data

Prospect, KY

Prospect, KY.

Population: 20,892 (Census ACS)

The typical home value in Prospect, KY is $628,651 — up 3.7% over the past year. Homes sell for a median $732,500 after a median 41 days on market. Typical rent runs $2,262/month. 2 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively High, with tornado, cold wave, heat wave the top-rated hazards. Cost of living is 9.8% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$628,651

Typical home value

+3.7%

1-year change

41

Median days on market

Relatively High

Hazard risk (county)

Home values & appreciation

Typical home value
$628,651
1-year appreciation
+3.7%
3-year appreciation
+10.6%
5-year appreciation
+30.8%
10-year appreciation
+64.4%
Peak value since 2000 (Aug 2026)
$628,651
House Price Index (state)
413.6 (+4.3% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$732,500
Median list price
$750,000
Median price per sqft
$208
1-year sale-price change
+1.0%
Median days on market
41 days
Homes sold (recent period)
141
For-sale inventory
165
Sale-to-list ratio
97.9%
Active listings
132
1-year forecast
+1.9%
Days to pending
65 days
New listings (monthly)
42

Source: recent area sales and market data (ZIP-level)

Rents

Typical rent
$2,262/mo
1-year rent change
+7.3%
Studio fair-market rent
$976/mo
1BR fair-market rent
$1,058/mo
2BR fair-market rent
$1,276/mo
3BR fair-market rent
$1,629/mo
4BR fair-market rent
$1,874/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Below Average)
90.2 (100 = US avg)
Electricity rate (state-level)
13.2¢/kWh
Natural gas rate (state-level)
$14.20/MCF
30-year mortgage rate (national)
7.40%
15-year mortgage rate (national)
6.73%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
2
Elementary schools
2
Middle schools
0
High schools
0
Avg student-teacher ratio
17.2 : 1
School districts serving the area
Jefferson County, Oldham County
Schools include
Norton Commons Elementary, Goshen At Hillcrest Elementary School

Source: NCES school directory, 2024-25 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively High
Top hazards (county)
tornado, cold wave, heat wave, ice storm, inland flooding
Notable hazard ratings (county)
tornado: Very High · cold wave: Relatively High · heat wave: Relatively High · ice storm: Relatively High · lightning: Relatively High · strong wind: Relatively High
Most common flood zone among NFIP claims
Zone AE
NFIP flood claims on record
1,612
Wildfire risk to homes (county)
Higher than 12% of US counties
Buildings in wildfire direct-exposure zone
25.3%
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Smith's Farm (23.4 mi)
Flood zones vary by property. Look up a specific address on the FEMA Flood Map Service Center.
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA NFIP flood-insurance claims (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
57.0°F
Average high
67.0°F
Average low
47.0°F
Annual precipitation
51.9 in
Annual snowfall
9.3 in
USDA plant hardiness zone
7a (extreme annual low 0 to 5°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
49
Days with Good air quality
188
Days with Moderate air quality
167
Days with Unhealthy air quality
1
Highest AQI recorded (year)
153

Source: EPA annual air quality index (county-level)

Walkability & transit

Walkability index
4.5 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
49,248
Jobs reachable by transit (45 min)
40,742

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
1
Nearest national park
Abraham Lincoln Birthplace National Historical Park (54 mi)
Airports within 30 mi
31
Nearest airport
Clark Regional Airport (8 mi)
Nearest major airport
Bowman Field (LOU) (10 mi)
Hospitals in or near this ZIP
23
Hospitals include
NORTON CLARK HOSPITAL, WELLSTONE REGIONAL HOSPITAL, BAPTIST HEALTH FLOYD
Avg hospital rating (CMS)
2.9 / 5
Best hospital rating nearby (CMS)
5.0 / 5
EV charging stations (within 10 mi)
12
Solar radiation rating
Fair (4.1 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data (same ZIP, else within ~40 mi) · DOE/NREL (proximity-based)

Migration

Net migration (county)
-1,475 tax filers

Source: IRS SOI county-to-county migration (county-level; published with a multi-year lag)

Housing stock

Median year housing built
1999
Housing built before 1970
8.8%
Housing built 2000 or later
47.7%
Median annual property tax
$5,291
Mean commute to work
21 min
Households with broadband internet
91.3%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
435,506
Average weekly wage
$1,425
Top industries (by employment)
Health Care, Accommodation & Food, Administrative Services
Annual residential building permits (county)
3,001

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ProspectState medianUS median
Typical home value$628,651$169,240$288,527
Median sale price$732,500$234,500$325,000
Median days on market41 days57 days51 days
Typical rent$2,262/mo$1,376/mo$1,809/mo
Median annual property tax$5,291$921$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the typical home value in Prospect, KY?
$628,651.
What is the median sale price in Prospect, KY?
$732,500.
How long do homes take to sell in Prospect, KY?
Median days on market: 41 days.
What is typical rent in Prospect, KY?
Typical rent: $2,262/month.
What is the natural-hazard risk in Prospect, KY?
Overall risk: Relatively High (FEMA NRI, county-level). Top hazards: tornado, cold wave, heat wave, ice storm, inland flooding.
Is Prospect, KY in a flood zone?
Flood zones vary by property within Prospect, KY. 1,612 FEMA flood-insurance (NFIP) claims are on record; the most common zone among them is AE. Check a specific address on the FEMA Flood Map Service Center.
What is the wildfire risk in Prospect, KY?
Risk to homes is higher than 12% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Prospect, KY?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Prospect, KY?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve Prospect, KY?
2 schools (2 elementary) (NCES, 2024-25).
Is Prospect, KY walkable?
Walkability index: 4.5/20 (EPA Smart Location Database).
What is the air quality in Prospect, KY?
Good. Median AQI: 49. (EPA AQI).
What is the cost of living in Prospect, KY?
Regional Price Parity: 90.2 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

ZIP code for Prospect

Listing a home in Prospect, KY?

REAIGENT7 gives every listing its own AI assistant grounded in this same public data — it answers buyer and renter questions about the home and the area, around the clock, and sends every lead to the listing agent. Agents: it installs on your listing page, your website, or WordPress.

Data last updated

Most recent source refresh: Oct 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents