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Prospect

Prospect

$734,545 Average Value
$246 Average Price per Sq Ft
132 Homes For Sale

Prospect is an active Louisville-area destination near the Ohio River

Prospect is a large home-rule city northeast of downtown Louisville near the Ohio River that is sought after for its spacious homes, scenic surroundings and community involvement. Homebuyers are drawn to the city’s wide range of housing options, as well as its abundant parks and recreational opportunities. Strong public and private school options and convenient access to shopping and dining along Brownsboro Road add to Prospect’s desirability.

A mix of housing options, from established to modern

Prospect is a city where the housing market leans heavily toward single-family homes on spacious lots with mature landscaping. Imposing Colonial Revivals are prominent, while ranch-style homes and contemporary homes are also common. HOA communities that offer extra amenities include Norton Commons and Hunting Creek, which features a golf course. In addition to golf course views, select homes near Harrods Creek have waterfront views, and many homes have pools.

Home prices typically range from the high $300,000s to about $3.5 million for a modern estate. The community also has its share of condos and townhouses, priced from the low $100,000s to the mid-$600,000s. The median sales price in the mid-$700,000s is on the high end in the Louisville market.

Homes in Prospect grace quiet streets with well-maintained lawns.
Homes in Prospect grace quiet streets with well-maintained lawns.
Norton Commons in Prospect is a planned community.
Norton Commons in Prospect is a planned community.
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Hunting Creek Country Club, Little Hunting Creek Park are major draws

While Hunting Creek Country Club, which has an 18-hole golf course and other resort-style amenities, is a major draw, Little Hunting Creek Park is another featured attraction of this active and engaged city. “The park has become our city center and has proven to be highly popular,” says Doug Farnsley, the mayor of Prospect. “Little Hunting Creek Park and Harrods Creek Park both have excellent hiking trails, and Harrods Creek Park has a canoe and kayak launch.” The community’s green spaces are year-round destinations for all ages. “Little Hunting Creek Park attracts families, even grandparents,” Farnsley says. “[It] is still populated during the winter, and the pavilion hosts concerts, Shakespeare in the Park and other special events.” Cowley Park gets in on the action with a signature event, the annual 4th of July celebration that includes a parade, music and games and culminates with a fireworks show.

Residents also enjoy access to exclusive waterfront recreation at the Louisville Yacht Club and riverfront destinations such as Hays Kennedy Park, which has tennis courts and a cricket field.

Hunting Creek Country Club is a featured attraction in Prospect.
Hunting Creek Country Club is a featured attraction in Prospect.
Harrods Creek Park in Prospect has a kayak launch for residents.
Harrods Creek Park in Prospect has a kayak launch for residents.
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Strong public and private school options in the area

Most of the community is served by Jefferson County Public Schools, which offers school choice throughout the district. A small portion of Prospect is served by Oldham County Schools. Nearby Jefferson County options include Norton Commons Elementary School, rated B-plus by Niche, Kammerer Middle School and Ballard High School, which earns an A from Niche and is known for its visual arts program. Harmony Elementary School, North Oldham Middle School and North Oldham High School share a campus north of Prospect.

Private options in the area include Kentucky Country Day School, which serves students in preschool through 12th grade. Niche gives the school an A-plus and ranks it as the best private school in Kentucky.

Ballard High is a highly rated Jefferson County school/
Ballard High is a highly rated Jefferson County school/
Kammerer Middle is part of the Jefferson County Public Schools district.
Kammerer Middle is part of the Jefferson County Public Schools district.
Norton Commons Elementary is a highly rated school in the area.
Norton Commons Elementary is a highly rated school in the area.
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Gustavo's Mexican Grill is a popular restaurant in Prospect.
Gustavo's Mexican Grill is a popular restaurant in Prospect.

Grocery store and diverse dining options in the community

Prospect Village Shopping Center is a community destination just off Brownsboro Road that is anchored by a Kroger. Dining options in and around the community include:

  • Gustavo’s Mexican Grill, a popular spot known for fresh dishes and a vibrant atmosphere
  • The Blackstone Grille, a community destination for steaks, seafood and more in a refined setting
  • DiOrio’s Pizza & Pub, a casual, neighborhood-style eatery with patio seating for comfort food and drinks
  • The Pine Room, an upscale restaurant for seasonal American cuisine and craft cocktails along Harrods Creek

Convenient access to downtown and the airport

River Road provides the shortest and simplest route downtown. The 11-mile commute can be made in under 20 minutes. Brownsboro Road connects to Interstate 264 about 5 miles away. Taking Brownsboro Road and I-264 is a convenient way to get to Louisville Muhammad Ali International Airport. The 16-mile commute takes less than 25 minutes.

Nearby interstates offer convenient access to Louisville-area destinations.
Nearby interstates offer convenient access to Louisville-area destinations.
Brownsboro Road runs through Prospect and is one of the roads that connects residents to downtown Louisville.
Brownsboro Road runs through Prospect and is one of the roads that connects residents to downtown Louisville.
TARC buses serve the area.
TARC buses serve the area.
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Matt Pallister
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Matt Pallister
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Interested in learning more about homes in this area? Reach out to Bob Murphy, an experienced agent in this area.

Agents Specializing in Prospect, KY

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Schools

Source:
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

Parks in this Area

Area Facts

Number of Homes
6,450
Number of Homes for Sale
132
Median Year Built
1996
Months of Supply
3.70
Average Single Family Home Size Sq Ft
3,779
Significantly above the national average
1,934
Average Townhouse Size Sq Ft
2,399
Average 2 Bedroom Size Sq Ft
1,355
Average 1 Bedroom Size Sq Ft
1,065
Median Lot Size Sq Ft
15,245

Open Houses

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Prospect Has More Owners

Rental Home Trends

Number of Homes for Rent
10
Median Rent
$2,995
Median Single Family Home Rent
$3,500
Median 4 Bedroom Single Family Home Rent
$3,750
Median Townhouse Rent
$3,200
Median 3 Bedroom Townhouse Rent
$3,200
Median Condo Rent
$2,500
Median 2 Bedroom Condo Rent
$2,150

Demographics

Total Population
4,219
Median Age
54
Population under 18
18.4%
Below the national average
23.8%
Population over 65
33.3%
Above the national average
19.1%

Finances

Median Household Income
$158,301
Significantly above the national average
$79,597
Average Household Income
$175,963

Education and Workforce

High School Graduates
97.9%
College Graduates
69.7%
Significantly above the national average
34.1%
Advanced Degrees
31.8%
Above the national average
13.3%
% Population in Labor Force
57.4%

Weather

Annual Precipitation
49''
Average Winter Low Temperature
27°F
Average Summer High Temperature
88°F
Annual Snowfall
6''

Area Factors

Somewhat bikeable

Bikeability®

30 / 100

Somewhat walkable

Walkability®

20 / 100
Source: Local Logic
Sources: Local Logic

Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

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.
Prospect
Bob Murphy Real Estate Agent - Green Tree Real Estate Services
Green Tree Real Estate Services
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