Why Live in Prospect
Prospect, Connecticut, often referred to by locals as "the best small town in Connecticut," offers a blend of community spirit and suburban charm. The town is characterized by its large, well-manicured lawns and a variety of home styles, including postwar Cape Cod and ranch-style homes, as well as newer Colonial Revival and New Traditional homes. Residential lots range from 0.5 to 2 acres, with wider streets accommodating parked cars and pedestrians. Prospect is served by three highly rated public schools: Prospect Elementary, Long River Middle, and Woodland Regional High School, which features a unique school/business program with Precision Axe LLC. For dining, residents enjoy local favorites like Señor Pancho's Mexican restaurant, Hometown Pizza, and the Big Dipper Ice Cream Parlour. Outdoor enthusiasts can explore Hotchkiss Field's soccer fields, baseball diamond, basketball court, and playground, or venture to Sleeping Giant State Park for hiking and fishing. Annual events such as the neighborhood-wide garage sale and Sock Hop & Car Show foster a strong sense of community. Prospect is safer than the national average, adding to its appeal as a peaceful retreat from the hustle and bustle of nearby cities. With easy access to major highways and a commuter rail station in neighboring Naugatuck, Prospect is conveniently located for travel to New Haven and Manhattan.
Home Trends in Prospect, CT
On average, homes in Prospect, CT sell after 52 days on the market compared to the national average of 51 days. The median sale price for homes in Prospect, CT over the last 12 months is $423,000, up 10% from the median home sale price over the previous 12 months.
Median Sale Price
$423,000
Median Single Family Sale Price
$422,000
Median Townhouse Sale Price
$545,000
Median 2 Bedroom Sale Price
$461,000
Average Price Per Sq Ft
$272
Number of Homes for Sale
7
Last 12 months Home Sales
83
Median List Price
$424,950
Median Change From 1st List Price
-2%
Median Home Sale Price YoY Change
10%