Prosper

Why you'd want to live in Prosper

The first settlers arrived in 1846 to farm cotton in the black fertile prairie soil. Between 1850 and 1902, two settlements existed - Rock Hill was two miles south of the present town and Richland was one mile north. The development of these small communities was expedited in 1876 when County Courts ordered small tracts of land to be established for quick sale. These tracts, each about 160 acres in size, were sold for $3.50 per acre. Dr. A. T. Bryant of McKinney purchased what later became the center of the present town. The towns merged during the establishment of the St. Louis & San Francisco Railroad in March 1902. For years, Prosper was the central stop for the railroad between Dallas and Sherman. When community officials applied for a post office with the name "Richland", they were informed that city name was already taken. Postmaster B.J. Naugle asked for an alternative name and J.C. Slaughter suggested the name "Prosper", because crops that year had been very prosperous. The Town of Prosper was incorporated in 1914 with a commission form of government and a population of 500. U.N. Clary was mayor and served in that position for the next 49 years. Prosper High School cost $113.5 million to construct and is 590,000 ft, complete with a medical tech lab, a restaurant-worthy kitchen, a greenhouse, a broadcast studio, and an indoor football practice facility. The Town of Prosper holds an annual Christmas festival and Fourth of July event. Each May, Prosper Founders Fest celebrates its history, people, and arts. The event combines the Prosper Fire Department's IBCA-sanctioned Barbecue Cookoff, a 5K race, an art show and music festival, and a Sunday Family Fellowship. Prosper is a growing area with many new homes and communities being developed. The Prosper Community of Windsong Ranch is the only place in North Texas with a man-made crystalline lagoon powered by Crystal Lagoons' technology.

Lagoon Homes Schools Sports Students ISD Prosper Frisco McKinney Celina

Prosper Market Report

$792,174

AVERAGE PRICE OF 246 HOMES

$1,819,734

AVERAGE PRICE OF 35 MULTI-MILLION DOLLAR HOMES

$677,274

AVERAGE PRICE OF 125 NEWLY BUILT HOMES

$1,094,228

AVERAGE PRICE OF 35 HOMES WITH A POOL

$1,694,950

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

Average Home

Average Price $792,174
Avg Bedrooms 3.86 beds
Avg Bathrooms 3.75 baths

Average Price by Bedrooms

2 bedrooms $343,652
3 bedrooms $527,484
4 bedrooms $731,770
5 bedrooms $967,019
Prosper Home Price Trends
  8/2021 7/2021 6/2021 5/2021 4/2021
Total Listings 267 283 275 274 246
Average Price $763,516 $756,891 $751,733 $718,424 $688,829
Avg Price Change +0.88% +0.69% +4.64% +4.30% +1.25%
Median Price $640,125 $624,541 $622,968 $606,754 $588,968
Med Price Change +2.50% +0.25% +2.67% +3.02% +0.38%
Avg Bedrooms 3.96 beds 3.94 beds 3.97 beds 3.97 beds 3.87 beds
Avg Bathrooms 3.8 baths 3.83 baths 3.91 baths 3.86 baths 3.82 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Denton 2 $321,200 46 days
Prosper 218 $811,653 109 days
Ray Braswell 5 $391,379 46 days
Rock Hill 19 $759,749 44 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 246 $792,174 101 days
Multi-Million Dollar Homes 35 $1,819,734 110 days
Newly Built Homes 125 $677,274 141 days
Homes with a Pool 35 $1,094,228 27 days
Reduced Price Homes 2 $1,694,950 47 days