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Prospect, IN

Full City Profile · Indiana · Orange County County

3.0 /5.0
B Good
102 Population 117/sq mi density
$215,000 Home Value $193,498 Zillow
56°F Avg Temperature 290 sunny days/yr
112 Violent Crime/100K 3,799 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
F
Safety
1.0 / 5.0
112 violent crimes/100K
A+
Education
5.0 / 5.0
0.0% bachelor's degree or higher

Housing Overview

Median Home Value
$215,000
24% below
US avg: $281,900
Homeownership Rate
43.1%
34% below US avg (65.4%)
Total Housing Units
156
Median year built: 1993

Home Value by Source

Census Median
$215,000
Zillow (ZHVI)
$193,498
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

43.1%
Owner-Occupied
56.9%
Renter-Occupied
43%
57%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo

Affordability & Housing Stock

Rent Burden
30.1%
of renters spending 30%+ of income on housing
3% below US avg (31.0%)
Median Year Built
1993
Average age of housing stock: 33 years
Homeownership Rate
43.1%

Complete Housing Data

Home Values

Census Median Value$215,000
Zillow Home Value (ZHVI)$193,498

Rent

FMR Studio$816
FMR 1-Bedroom$882
FMR 2-Bedroom$1,096
FMR 3-Bedroom$1,391
FMR 4-Bedroom$1,590

Market

Ownership & Stock

Owner-Occupied43.1%
Renter-Occupied56.9%
Homeownership Rate43.1%
Total Housing Units156
Median Year Built1993
Rent Burden30.1%