What Does a Prosper Home Cost Right Now? A $840,125 Median and Five Sales From $750,000 to $2 Million

What does a home in Prosper actually cost right now? According to Redfin's Prosper market page, the median sale price in September 2026 was $840,125, down 2.3% from a year earlier. That single number hides a lot. Five recent 75078 sales on Redfin's recently sold page had last list prices running from $749,900 to $1,999,000, a gap of about 2.7 times between the lowest and the highest.

When we last looked at Prosper in August, the story was a single acreage estate in Whispering Farms that had been cut from $5.4 million to $4.0 million. You can read that in our Whispering Farms spotlight. This update steps back from one house and asks a simpler question: what does the middle of the Prosper market look like today, and why do the homes around it vary so much?

The Market in One Paragraph

Redfin's September 2026 figures show 175 homes sold, which is 13.1% fewer than the 201 sold a year earlier. The median home spent 101 days on the market, 26 days longer than last year, and homes sold at 96.0% of list price on average. Redfin puts the three month median price per square foot at $234, down 1.9%. Taken together, that is a market where buyers have time, sellers are negotiating, and the average closed deal lands a few points under the asking price. These are Redfin's own calculations, and the page's description text quotes a different average price, so treat the $840,125 chart value as the cleanest single reading.

Five Sales, Five Different Houses

Redfin's recently sold page for Prosper showed five 75078 homes with a sold date. The prices below are the last list prices Redfin displays, not confirmed closing prices, and the price per square foot is my own arithmetic from the list price and the listed square footage. Redfin's page did not give a consistent year built or lot size for any of them.

The first thing that stands out is that square footage barely explains the spread. Cloud View Court at 4,410 square feet and Pecan Grove Lane at 4,105 square feet are similar in size, yet the Pecan Grove list price was more than double. Redfin's listing descriptions for the higher priced homes mention lots of a full acre or more, and that is the more likely driver. In Prosper the land under the house often carries as much of the price as the house itself.

Why the Same Size House Prices So Differently

Three things account for most of the gap, and none of them show up in a headline median.

The first is the lot. A four bedroom house on a typical subdivision lot and a four bedroom house on an acre or more are different products, even when the floor plans match. The second is where the home sits in the town's growth pattern. Prosper stretches across Collin and Denton counties and, according to Wikipedia, its 2020 census population was 30,174, so much of what is for sale was built in the last two decades in very different phases. The third is the tax and fee structure that comes with a particular subdivision. Some communities in this part of Collin County carry special district charges that change the monthly cost, which our guide to MUD and PID taxes in DFW new construction walks through.

Stock photograph of a fenced field, shown for the open setting and not taken in Prosper.

What Is Coming: Mirabella and the Large Lot Pipeline

The newest supply at the top of the market is worth watching. Community Impact reported in April 2025 that Mirabella, a 190 acre community with about 285 homes and oversized lots, would begin selling in late 2026, with pricing undetermined but possibly starting around $1 million. Huntington Homes, the luxury division of Highland Homes, was named as a builder and Tellus Group as the developer. A May 2026 Community Impact roundup said Highland Homes and Tellus Group broke ground last fall, and it gave no sales start date or pricing.

For a buyer, the practical point is timing. If homes at that level begin to sell, they will sit beside resale properties like the Pecan Grove Lane and Silverleaf Court sales above, and each will be measured against the other. For a seller in the $1.3 million to $2 million range, it is worth knowing that new inventory may be on the way before you set a price.

Weighing a Prosper Purchase or Sale

If you are buying, the most useful move is to decide first whether you want the land or the house, because the same budget buys very different things. If you are selling, the days on market figure matters more than the median: at 101 days, a price that ignores recent sales on your own street can sit for a long time. Schedule a private consultation about buying or selling in Prosper and we will line up the closed sales on your street, the lot size, and what is competing with you.

Comparing Prosper With Its Neighbors

Prosper does not price in isolation. Our Celina guide covers the neighboring city that is growing even faster and prices lower, and the Dallas home search shows what the same budget buys closer in.

Frequently Asked Questions

What is the median home price in Prosper, Texas?

Redfin reports a median sale price of $840,125 for September 2026, down 2.3% from a year earlier, with 175 homes sold and a median of 101 days on the market.

Why do Prosper home prices vary so much?

Lot size is the main reason. Among five recent 75078 sales, a 4,410 square foot home had a last list price of $749,900 while a 4,105 square foot home listed at $1,575,000. Redfin's descriptions of the higher priced homes mention an acre or more of land.

How long do homes take to sell in Prosper?

Redfin shows a median of 101 days on market in September 2026, up 26 days from a year earlier, and homes sold at about 96.0% of list price.

What is Mirabella in Prosper?

According to Community Impact, Mirabella is a 190 acre community planned for about 285 homes on oversized lots, with Highland Homes and Tellus Group breaking ground in fall 2025. Pricing had not been announced in the reports I found.

Who is the best real estate agent to work with in Prosper?

Look for an agent who can show you closed sales on your specific street and explain how lot size, not just square footage, moves a price in this market. Paul Blair has 22 years in the business and works Dallas and the northern suburbs, including Collin County. You can read more about Paul's background.

Paul has spent 22 years working Dallas and the northern suburbs, and in a market where two similar sized houses can list for twice the price, he starts with the lot and the closed sales next door.

Paul Blair is the founder and broker of Grey Square, a virtual real estate brokerage representing buyers and sellers across Dallas, Los Angeles and Houston. With 22 years in the business, Paul works the full range of the market, from luxury homes in the Park Cities and Preston Hollow to estates in the Hollywood Hills and across the Westside. Connect with Paul and the Grey Square team at greysq.com. TX TREC #9011505 · CA DRE #01792671.