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Prosper

K. Hovnanian® Homes in Prosper, TX

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Housing market in Prosper, TX

  • State
    Texas
  • Market
    Dallas-Fort Worth Area
  • Neighborhoods
    0
  • Communities
    30
  • Single family
    421
  • Townhouses
    10
  • Multi family
    0
  • Condominiums
    0
  • Active builders
    22
  • Starting price
    $392,990
  • Median price
    $979,990
  • Price per square foot
    $269.38

Real estate price trends

Home price data reflects 0 listings in Prosper, TX, sourced from Jome and updated regularly

*Based on Jome markets

What it's like to live in Prosper?

The Local Vibe (Location & Identity)

Prosper is a rapidly expanding residential community situated approximately 35 miles north of Dallas along the Dallas North Tollway. Primarily located in Collin County, this city has transitioned from a rural farming town into a high-income commuter hub with a population nearing 40,000 residents. The demographic is largely composed of established families and professionals who work in the nearby employment centers of Frisco and Plano.

Living Here: Amenities & Lifestyle

Daily life revolves around outdoor recreation and high-end retail convenience. Residents often gather at Frontier Park, which features a large sports complex and a community-built playground. For shopping and dining, The Gates of Prosper serves as the primary commercial hub at the intersection of US-380 and the Tollway. Weekend activities might include exploring the trails at Cedar Ridge Park or attending community events at the Town Council Chambers. While the city maintains a quiet atmosphere, the proximity to the PGA Frisco headquarters provides world-class golfing just minutes away. Commuters benefit from direct access to major north-south arteries, though the rapid growth has made peak-hour traffic on Highway 380 a significant factor in daily planning.

Schools & Family Appeal

The Prosper Independent School District is a central draw for the community, known for its modern facilities like the massive Children’s Health Stadium. Families are attracted to the district's consistent performance and the wide range of extracurricular programs offered at campuses like Prosper High School and Rock Hill High School.

Why New Construction Makes Sense Here

Choosing new construction in Prosper offers significant long-term financial advantages compared to purchasing the area's older 1990s-era housing stock. Modern energy-efficient building standards can lead to potential utility savings of $150-250 per month for a typical 3,000-square-foot home, according to regional energy benchmarks. Many builders currently offer aggressive rate buy-downs that can lower monthly mortgage payments more effectively than negotiating on a resale property. These new home communities in Prosper provide a hedge against the rising costs of retrofitting older HVAC systems or insulation. Investing in new construction homes in Prosper ensures that your capital goes toward equity rather than immediate maintenance. For those needing a faster timeline, quick move-in homes in Prosper allow buyers to lock in these financial benefits without the wait of a traditional build cycle.