What is the median home value in Prospect, OH?

The median value of owner-occupied homes in Prospect, OH is $164,100 (±$15,061), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Prospect, the median home value went from $127,700 in 2015–2019 to $164,100 in 2020–2024 (+28.5%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median home value
$164,100 (±$15,061)
Owner-occupied homes
333 (±85)
Most common range
$100,000 to $149,999

Home values in Prospect

Owner-occupied homes by value, 2020–2024
ValueProspectMarion CountyOhioUnited States
Less than $50,0001.8% (±3.3 points)7.4%6.3%5.3%
$50,000 to $99,9996.9% (±5.2 points)19.1%10.0%6.1%
$100,000 to $149,99928.2% (±16.6 points)20.7%13.4%6.8%
$150,000 to $199,99928.2% (±11.4 points)17.0%16.3%9.0%
$200,000 to $299,99926.7% (±11.2 points)18.5%23.3%17.8%
$300,000 to $499,9996.9% (±4.1 points)14.0%21.8%26.9%
$500,000 to $999,9990.0% (±10.6 points)2.8%7.7%20.9%
$1,000,000 or more1.2% (±2.0 points)0.6%1.2%7.1%

The most common range is $100,000 to $149,999, 28.2% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Prospect against Marion County, its state and the nation

Estimate (90% margin of error)
ProspectMarion CountyOhioUnited States
Median home value$164,100 (±$15,061)$156,800 (±$6,246)$214,800 (±$742)$332,700
Owner-occupied homes333 (±85)16,651 (±574)3,267,904 (±16,882)84,210,142

In Prospect, the median home value is not measurably different from Marion County ($156,800).

It is also lower than in Ohio ($214,800).

It is lower than the national figure ($332,700).

In Marion County, Prospect ranks 11 of 20 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 1420 of 2,341.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Prospect have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$127,700 (±$12,582)$164,100 (±$15,061)+28.5%No measurable change after inflation
Median owner cost with a mortgage$1,186 (±$119)$1,186 (±$63)0.0%Down after inflation
Median real estate taxes$1,769 (±$234)$2,058 (±$408)+16.3%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Prospect

Nearest places with a published estimate, compared with Prospect
PlaceDistanceMedian home valueCompared with this place
Prospect—$164,100 (±$15,061)—
Prospect Township1.2 mi$167,400 (±$22,477)Not measurably different
Thompson Township (Delaware County)4.4 mi$352,600 (±$32,291)Higher
Waldo5.3 mi$150,000 (±$48,855)Not measurably different
Green Camp5.5 mi$123,300 (±$31,075)Lower
Radnor Township5.6 mi$435,300 (±$37,050)Higher
Pleasant Township (Marion County)5.9 mi$232,200 (±$31,136)Higher
Waldo Township5.9 mi$181,300 (±$75,919)Not measurably different
Richwood6.0 mi$180,300 (±$36,197)Not measurably different

Nearby places with a measurably lower figure: Green Camp, OH ($123,300).

Nearby places with a measurably higher figure: Thompson Township (Delaware County), OH ($352,600), Radnor Township, OH ($435,300), Pleasant Township (Marion County), OH ($232,200).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Marion County, place by place

RankPlaceMedian home value
5Scott Township (Marion County)$225,000 (±$165,766)
6Big Island Township$219,500 (±$24,817)
7Bowling Green Township (Marion County)$218,200 (±$113,003)
8Waldo Township$181,300 (±$75,919)
9Grand Prairie Township$172,100 (±$34,930)
10Prospect Township$167,400 (±$22,477)
11Prospect$164,100 (±$15,061)
12Salt Rock Township$160,300 (±$35,565)
13Waldo$150,000 (±$48,855)
14Marion Township (Marion County)$127,700 (±$8,342)
15Green Camp$123,300 (±$31,075)
16Caledonia$120,100 (±$14,201)
17Marion$119,500 (±$5,035)

Showing 13 of 20 places in Marion County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Prospect

What is the average home value in Prospect, OH?

The Census Bureau publishes the median: $164,100 (±$15,061) for owner-occupied homes in Prospect (2020–2024 American Community Survey).

Have home values in Prospect gone up?

In Prospect, the median home value went from $127,700 in 2015–2019 to $164,100 in 2020–2024 (+28.5%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Is this what homes in Prospect sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Prospect village, Ohio (place:64780, in state:39).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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