Why Live in Prospect Hill
Prospect Hill in Bloomington, Indiana, is a historic neighborhood featuring homes that date back to the turn of the 20th century, with some predating the Civil War. Architectural styles include Gabled-ell houses, Craftsman bungalows, Queen Annes, and ornate builds like Mansard and Elizabethan Revival. The area is characterized by its mature tree canopy and street murals, such as the pollen-themed painting at Fairview and Howe streets. Building Trades Park, the neighborhood's main green space, offers a playground and basketball courts, with future plans for a futsal court. Rose Hill Cemetery provides a peaceful walking area, and the 3-mile B-Line Trail is popular among bikers and joggers. For indoor activities, the WonderLab Science Museum offers interactive exhibits for children. Prospect Hill is just a few blocks from downtown Bloomington, but it has its own local shops and dining options, including Rainbow Bakery and Juannita’s. Downtown nightlife options include Crazy Horse, the Alley Bar, and Tap Bloomington. The neighborhood hosts annual picnics at Building Trades Park and is close to major city events like the Lotus World Music and Arts Festival. Transportation options include bike routes, Bloomington Transit buses, and proximity to Interstate 69, which is about 2 miles away. The Monroe County Airport is nearby for general aviation, while Indianapolis International Airport handles commercial flights. Students in Prospect Hill attend highly rated schools, including Tri-North Middle School and Bloomington High School North, both known for their strong academic programs and extracurricular activities.
Frequently Asked Questions
Is Prospect Hill a good place to live?
Prospect Hill is a good place to live. Prospect Hill is considered somewhat walkable and very bikeable with some transit options. Prospect Hill has 3 parks for recreational activities. It has a median age of 29. The average household income is $54,657 which is below the national average. College graduates make up 61.3% of residents. A majority of residents in Prospect Hill are renters, with 77.7% of residents renting and 22.3% of residents owning their home. A
local real estate agent serving Prospect Hill can help you decide if this neighborhood is the right one for you. Learn more on our
Prospect Hill neighborhood guide.
Is Prospect Hill, IN a safe neighborhood?
Prospect Hill, IN is less safe than the average neighborhood in the United States. It received a crime score of 8 out of 10.
How much do you need to make to afford a house in Prospect Hill?
The median home price in Prospect Hill is $599,015. If you put a 20% down payment of $119,800 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $3,100 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $133K a year to afford the median home price in Prospect Hill. The average household income in Prospect Hill is $55K.
What are the best public schools in Prospect Hill?
The best public schools that serve Prospect Hill are:
What are the best private schools in Prospect Hill?
The best private schools that serve Prospect Hill are:
What are the most popular zip codes in Prospect Hill, Bloomington, IN?
What are the most popular neighborhoods near Prospect Hill, Bloomington, IN?
Home Trends in Prospect Hill, IN
On average, homes in Prospect Hill, Bloomington sell after 36 days on the market compared to the national average of 70 days. The median sale price for homes in Prospect Hill, Bloomington over the last 12 months is $678,000, up 91% from the median home sale price over the previous 12 months.
Median Sale Price
$678,000
Median Single Family Sale Price
$678,000
Median 2 Bedroom Sale Price
$400,000
Average Price Per Sq Ft
$300
Number of Homes for Sale
1
Last 12 months Home Sales
13
Median List Price
$599,015
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
91%