$271,306Average Value$155Average Price per Sq Ft4Homes For Sale
An idyllic Virginia town steeped in a rich railroad history
Some say Prospect got its name from the scenic views of Virginia’s Piedmont region, while others say it was the village’s potential of becoming more than just a stop along the Southside Railroad in the mid-nineteenth century. Regardless of its origins, the rural town prides itself on its bucolic atmosphere and slowed-down lifestyle rooted in a storied past dating to the late 1700s. “Prospect is very rural and is true country living,” says local Realtor Ben Manis of Re/Max Advantage Plus. “People go to Appomattox or Farmville for most of their daily shopping and groceries, but the trade-off is that it’s a much slower pace of life. You’re more likely to get caught behind a tractor than caught in traffic.” Once home to bustling general and farmers supply stores, Prospect rose as a pit-stop along the Southside Railroad and served as a significant supplier during the Civil War. Today, the village continues to celebrate a rich history in mercantilism, religion and agriculture, reflected in the slow renovation of historical buildings, the established churches still serving various denominations and the many prospering apple and grape orchards. Additionally, the village boasts a 1 out of 10 CAP Index Crime Score, compared to the national figure of 4.
Rural retreats pepper the natural setting in Prospect
Vernacular-style homes reflect Prospect’s pastoral setting, tucked on spacious acreage among the Piedmont’s rolling hills. Farmhouse cottages and ranch-style homes are most common, with craftsman bungalows and colonial-inspired examples rounding out the housing stock. These single-family homes typically range in price between $165,000 and $335,000, though outliers include fixer-uppers slightly less than the lower end of that range and homes situated on larger lots fetching in the mid-$600,000s. Parcels of land, ranging from 1 acre to 60 acres, are also available for purchase and offer opportunities for new construction.
Attending schools in Farmville through Prince Edward County public schools
Kids in Prospect are zoned to attend Prince Edward County Public Schools, a district based in Farmville that earns a C-minus overall grade from Niche. Prekindergartners through fourth graders may start at Prince Edward Elementary School before advancing to Prince Edward Middle School for fifth through eighth grades. Both receive a C-minus score. Prince Edward County High School earns a C. Home of the Eagles, PEC High School offers a strong athletics program, with sports including baseball, softball, soccer and track. Prospect is also close to two higher education institutions based in Farmville: Longwood University and Hampden-Sydney College.
Hiking and outdoor recreation at Appomattox-Buckingham State Forest and more
The High Bridge Trail passes directly through Prospect. The 32.2-mile trail stretches from Pamplin in the west to Burkeville in the east and is a destination for hiking. Prospect residents are close to the Appomattox-Buckingham State Forest, which spans almost 20,000 acres and brims with hiking trails and other recreational opportunities. The forest is home to Holliday Lake State Park, a destination for fishing along the lake and for hiking and horseback riding on the many trails. Campsites also dot the forest and state park, offering a peaceful retreat. Parks in Farmville include the Wilck’s Lake Park, where visitors will find a skate park, a large sports field and a lake for fishing, as well as a playground built by the Farmville Lions Club.
Conveniences in town and every day necessities in Farmville and Appomattox
Prospect has a very small town center, anchored by a post office and fire department along Prospect Road. A convenience mart and gas station are also situated centrally, along with Good Times Vintage Boutique, housed in a historical building that was once a general store. But the town’s efforts at revitalization are slowly growing the commercial area, according to Manis: “As an old railroad town, we still have all the old buildings, which are slowly starting to make their way back to businesses again,” he says. But given the current shortage of business in the area, most people head to Farmville or Appomattox for daily shopping and dining needs. Farmville has grocers like Walmart and Food Lion, as well as big-box retailers such as Belk and Tractor Supply. Appomattox has a charming Main Street, lined with quaint stores and eateries like Baine’s Books & Coffee and Granny Bee’s, which serves American dishes.
Driving on the wide-open U.S. Route 460
U.S. Route 460 bisects Prospect and serves as the village’s main thoroughfare, connecting residents to Prince Edward Highway and Farmville. “It’s a good part of 460 because it’s a four-lane highway, but it’s not your typical highway,” Manis says. “It’s a pretty open road — the type you take your classic car or motorcycle on and just ride.” Farmville is less than 10 miles east and Appomattox is about 17 miles west. “You’re only 20 to 30 minutes to get to anywhere you need,” Manis says. Bus stops also serve the area, connecting locals to Pamplin and Farmville.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Are you familiar with the Prospect neighborhood?
to let others know what life in this neighborhood is like.
Crime and Safety
1 - Low Crime, 10 - High Crime
Prospect
US
Homicide
1
4
Sexual Assault
1
4
Assault with Weapon
1
4
Robbery
1
4
Burglary
2
4
Motor Vehicle Theft
1
4
Larceny
1
4
Crime Score
1
4
Source: WhatIsMyCrimeRisk.com
Prospect Demographics and Home Trends
On average, homes in Prospect, Farmville sell after 66 days on the market compared to the national average of 53 days. The median sale price for homes in Prospect, Farmville over the last 12 months is $230,000, up 3% from the median home sale price over the previous 12 months.
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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
