Last updated: November 2026 | By PJ Zaji, Expand Realty Group
The quick version: Prosper, TX home prices center on about $1 million. In mid-November 2026, the 461 Prosper homes listed on expandrealty.com had a median list price of $1,011,239 and an average of $264 per square foot. With half the listings above $1 million, buyers under $600K have the fewest choices and should set alerts early.
The range inside Prosper is wide. The community, the builder, the county line and even the school district all move the number. This guide shows where each budget lands, then how to compare listings that look alike on paper.
Prosper Housing Market Snapshot (November 2026)
| Measure | Prosper, TX |
|---|---|
| Homes listed | 461 |
| Median list price | $1,011,239 |
| Average price per square foot | $264 |
| Average days on site | 102 |
Source: live MLS-backed listings on Prosper homes for sale, checked November 14, 2026. An average of 102 days on site tells you buyers have time to compare, and many sellers and builders are open to negotiating on price, rate buydowns or closing costs.
What Does $500K, $750K or $1M Buy in Prosper?
At the market average of $264 per square foot, the size math works out roughly like this. Individual homes swing well above and below the average, so use it as a starting point.
| Budget | Size at the $264 average | What to expect |
|---|---|---|
| About $500,000 | around 1,900 sq ft | The fewest choices. Expect smaller or older resale homes and quick competition for well-priced ones. |
| About $750,000 | around 2,850 sq ft | Resale in established subdivisions and smaller plans from production builders. |
| About $1,000,000 | around 3,800 sq ft | The middle of the Prosper market, where most new-construction plans and amenity communities compete. |
| $1.5M and up | 4,500+ sq ft or acreage | Custom and semi-custom builds, bigger lots and the upper end of the master-planned communities. |
Prosper Neighborhoods With the Most Listings
The communities with the most active listings right now are Star Trail (45, plus 8 more in Star Trail Phase Five), Park Place (28), Starview (17), and Twin Creeks Ranch, Windsong Ranch, Cambridge Estates, Parkside and Saddle Creek with 6 or 7 each. Here is what to know about the names buyers ask about most:
- Star Trail: the busiest master-planned community in town right now, with multiple builders and lot sizes. The developer states that homes use town water and carry no PID or MUD fees.
- Windsong Ranch: a 2,030-acre community near the Dallas North Tollway and US 380, centered on a five-acre lagoon. About 220 acres of it lie inside Denton ISD lines, and a request to move that area into Prosper ISD was sent to the Texas Education Agency after the two districts split their votes in December 2025. Check the district for the exact street.
- Light Farms: a Celina mailing address, Collin County, and Prosper ISD schools. It is organized as a municipal utility district, so the tax certificate shows a MUD line instead of a Town of Prosper rate.
- Gentle Creek, Whitley Place and Lakewood: established Prosper neighborhoods where nearly every sale is resale. Good places to compare against new-build pricing.
New Construction vs Resale in Prosper
Prosper still has active builder phases, which gives shoppers two very different deals to weigh:
- New construction brings builder incentives, a warranty and current floor plans. The catch: the first tax bill is often based on a partly finished home, and the second bill jumps to the full value. Ask about any PID or MUD in writing.
- Resale comes with mature trees, finished fences and landscaping, and a known tax history. With a long average market time, there is often room to negotiate repairs or concessions.
Whichever way you lean, compare the full monthly cost, not just the price. Two homes listed at $900,000 can differ by several hundred dollars a month once taxes, HOA and special districts are added.
Prosper ISD and What It Means for Price
Prosper ISD serves the town and reaches into parts of Frisco and Celina. It now runs four high schools: Prosper, Rock Hill, Walnut Grove and Richland, which opened in fall 2025. School zoning shifts as the district grows, so confirm the current assignment with Prosper ISD for any address.
The district also sets the largest piece of your tax bill. Its board approved a 2026-27 rate of $1.2011 per $100, down from $1.2141 the year before. Combined with the Town of Prosper ($0.505), Collin County and Collin College, a Collin County Prosper address pays about $1.94 per $100 before exemptions. Homes on the Denton County side run about $1.89.
Quick Tax Reference for Prosper Buyers
| List price | Estimated yearly taxes, homesteaded | Effective rate |
|---|---|---|
| $600,000 | about $9,420 | about 1.57% |
| $850,000 | about $14,050 | about 1.65% |
| $1,200,000 | about $20,520 | about 1.71% |
Collin County side, using the $140,000 school homestead exemption and the town's 17.5% homestead exemption, before smaller county and college exemptions and any PID or MUD. Shopping across the line too? Compare these with our Frisco TX tax rate guide, where Frisco ISD addresses come in about 26 cents per $100 lower.
Tips for Shopping Prosper Listings
- Save a Prosper search by price band on expandrealty.com/prosper so new listings and price drops reach you first.
- Check the appraisal district record on Collin CAD or Denton CAD for every taxing unit, including any MUD.
- Read the listing's tax amount carefully. It is often the seller's bill, which may reflect an older value or an over-65 freeze.
- Ask about builder incentives on new homes, especially those sitting longer than the 102-day average.
For the lender's side of the story, with monthly payment examples and the full cost of living, read PJ's Prosper, TX area guide on pjzaji.com.
Frequently Asked Questions
What is the median home price in Prosper, TX?
The median list price was $1,011,239 across 461 active Prosper listings on expandrealty.com in mid-November 2026, at an average of $264 per square foot.
Can I find a home in Prosper for under $600,000?
Sometimes, but it is the smallest slice of the market, since the median list price sits above $1 million. Setting a saved search alert is the best way to catch them.
Are Prosper home prices going down?
Prices have not dropped across the board, but with homes averaging 102 days on the site, buyers have more room to negotiate than in past years. Community Impact reported that the average Prosper home's market value fell almost 3% in the 2026 appraisal.
Is every Prosper address in Prosper ISD?
No. Part of Windsong Ranch is inside Denton ISD lines, and some homes with Frisco or Celina addresses are in Prosper ISD. Confirm with the district.
Do new Prosper communities have PID or MUD taxes?
Some do and some don't. Star Trail says it has neither, while Light Farms is a MUD community. Always ask for the rate in writing.
Tour Prosper Homes With a Local Agent
Browse every Prosper home for sale, then connect with PJ Zaji to compare communities, check taxes and districts on any listing, and line up showings.
Expand Realty Group, brokered by Monument Realty, 3620 The Star Blvd, Suite 1205, Frisco, TX 75034. Market data from MLS-backed listings on expandrealty.com as of November 14, 2026, and subject to change. Tax figures are estimates from published 2026 rates and are not tax advice. Confirm school assignments with Prosper ISD.
