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Prospect, PA

Full City Profile · Pennsylvania · Lawrence County County

3.6 /5.0
B+ Good
1,104 Population 271/sq mi density
$81,042 Median Income $35,854 per capita
$170,600 Home Value $278,489 Zillow
$885 Median Rent 17.3% income on rent
50°F Avg Temperature 275 sunny days/yr
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$81,042 median income, 3.3% unemployment
A+
Affordability
5.0 / 5.0
$170,600 home value, $885/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C+
Education
2.6 / 5.0
19.8% bachelor's degree or higher

Housing Overview

Median Home Value
$170,600
39% below
US avg: $281,900
Median Rent
$885/mo
24% below
US avg: $1,163/mo
Homeownership Rate
90.7%
39% above US avg (65.4%)
Total Housing Units
434
Median year built: 1979

Home Value by Source

Census Median
$170,600
Zillow (ZHVI)
$278,489
Median Sale Price
$195,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

90.7%
Owner-Occupied
9.3%
Renter-Occupied
91%
9%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$900/mo
1 Bedroom
$996/mo
2 Bedroom
$1,225/mo
3 Bedroom
$1,570/mo
4 Bedroom
$1,744/mo
Census median rent: $885/mo

Market Indicators (Redfin)

Median Days on Market
18 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$130
Active Inventory
2
homes for sale

Affordability & Housing Stock

Rent Burden
17.3%
of renters spending 30%+ of income on housing
44% below US avg (31.0%)
Median Year Built
1979
Average age of housing stock: 47 years
Homeownership Rate
90.7%

Complete Housing Data

Home Values

Census Median Value$170,600
Zillow Home Value (ZHVI)$278,489
Median Sale Price$195,000
Price Per Sq Ft$130

Rent

Census Median Rent$885
FMR Studio$900
FMR 1-Bedroom$996
FMR 2-Bedroom$1,225
FMR 3-Bedroom$1,570
FMR 4-Bedroom$1,744

Market

Days on Market18
Sale-to-List Ratio0.9%
Price Drops0.0%
Homes Sold1
Active Inventory2
Price Per Sq Ft$130

Ownership & Stock

Owner-Occupied90.7%
Renter-Occupied9.3%
Homeownership Rate90.7%
Total Housing Units434
Median Year Built1979
Rent Burden17.3%