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Prospect, Kentucky - Home to Louisville's Best Real Estate

The City of Prospect, Kentucky is home to Louisville's best real estate, and one of the few cities in Kentucky that crosses county lines; it sits in far eastern Jefferson County and also western Oldham County.  Over 8,000 people call this wonderful community home, and the city is the ninth wealthiest place in the state and the third wealthiest with a population of over 1,000.  Prospect is Kentucky’s best educated city, with 74.4% of residents holding an associate degree or higher, and 69.9% possessing a baccalaureate degree or higher.

Prospect, Kentucky

Homes in Prospect are very desirable for Louisville residents making this a sought after community for home buyers, plus the home ownership rate is 92.9%.  Prospect is a Third Class City, which means it has the right to its own police department, city services, and the final say on zoning issues.

Prospect, Kentucky Farms

Prospect features spacious family homes, luxury condos and apartment complexes, plus several businesses located in a centralized shopping village such as the Prospect Party Center.  The city has hosted more Homearamas, a popular real estate trade show, than any other place in Jefferson County, which showcases homes in the neighborhood for interested parties.  The average home price in Prospect is $375,000, with homes staying on the market for an average of 82 days.

Norton Commons has become a popular community within the city of Prospect, and contains wonderful real estate.  Visitors will be amazed at the whimsy and charm of Norton Commons with its ornate housing styles and architectural wonder.  There are classical styles, such as Greek Revival and Italianate Cottages, to luxury condos and row style townhomes.   Norton Commons is hosting Homearama 2011 - 21 display homes will be open for touring during the 16 day event.

The largest subdivision in Prospect is Hunting Creek, which started in the 1960’s.  The community has a golf course and is in close proximity to shopping, restaurants, and downtown Louisville.  The Hunting Creek Country Club features an 18-hole golf course, tennis courts, an Olympic size pool, and a clubhouse.

There are many different home styles, a variety of home prices, and the best real estate in Prospect.  Everyone is sure to find something they are looking for!

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Louisville Market Stats
Homes for Sale 2,481
New Properties Today 3
Days on Market 102
Avg List Price $302,171
Med List Price $219,900
MOM Chng 7.27%

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