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PROSPECT, OR 97536

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The PROSPECT, OR real estate market (97536) currently shows 8 active listings, with 2 pending sales. Homes are averaging 133 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are selling faster, averaging 133 days on market compared to 145 days last year.

The median listing price has risen 24.3% year-over-year, from $339,000 to $421,225.

Whether you are buying or selling in PROSPECT, OR, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 1,165  ·  Density: 6.4/mi²  ·  Median household income: $52,105

Typical home value: $244,686  ·  Homeownership: 75.9%

Market Overview

Active Listings
8
⇧ 60% vs 5 last year
Pending
2
25% pending ratio
Median Price
$421,225
⇧ 24.3% vs $339,000 last year
Average Price
$423,976
⇩ 59.8% vs $1,053,714 last year
Days on Market
133
⇩ 8.3% vs 145 days last year

Price Per Square Foot

Median $/sqft
$262
⇩ 21.6% vs $334/sqft last year
Median Home Size
1,457 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 8 this year vs 5 last year
  • Days on market: 133 now vs 145 last year

Median & Average Pricing

Year over Year
  • Median: $421,225 (+24.3% YoY)
  • Average: $423,976 (-59.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 44.0 miles — 341 listings ($179,600,103 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
97536Prospect, OR 975360.0 mi9$3,824,226$425,000$424,914
97522Butte Falls, OR 9752215.2 mi9$11,186,991$520,000$1,242,999
97484Tiller, OR 9748420.0 mi1$725,000$725,000$725,000
97626Fort Klamath, OR 9762625.1 mi1$7,950,000$7,950,000$7,950,000
97429Days Creek, OR 9742930.4 mi6$3,160,680$475,000$526,780
97601Klamath Falls, OR 9760132.5 mi167$73,564,502$385,000$440,506
97447Idleyld Park, OR 9744734.5 mi1$665,000$665,000$665,000
97537Rogue River, OR 9753735.7 mi29$16,662,965$599,000$574,585
97525Gold Hill, OR 9752537.7 mi22$15,238,344$550,000$692,652
97535Phoenix, OR 9753538.9 mi12$4,626,912$412,450$385,576
97457Myrtle Creek, OR 9745740.6 mi31$11,583,925$370,200$373,675
97624Chiloquin, OR 9762441.5 mi36$19,234,908$389,000$534,303
97540Talent, OR 9754044.0 mi17$11,176,650$531,300$657,450

Frequently Asked Questions

How many homes are for sale in PROSPECT, OR 97536?

As of February 2026, there are 8 active listings in PROSPECT, OR (zip code 97536), compared to 5 the prior year.

What is the median home price in PROSPECT, OR 97536?

The median listing price in PROSPECT, OR 97536 is $421,225 as of February 2026, a 24.3% increase from $339,000 the prior year.

How long do homes stay on the market in PROSPECT, OR?

Homes in PROSPECT, OR 97536 spend an average of 133 days on the market before going under contract, compared to 145 days the prior year.

Is it a seller's or buyer's market in PROSPECT, OR 97536?

Based on current inventory and days-on-market data as of February 2026, PROSPECT, OR 97536 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 133 days on market compared to 145 days last year.

How much can I save on real estate commission in PROSPECT, OR?

With SELL123.com's maximum 3% commission, sellers in PROSPECT, OR 97536 save an estimated $8,425 compared to a typical 5% commission on the median listing price of $421,225. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.