40059 Home Values & Market Trends
There are 496 homes currently listed for 40059. 40059 real estate market trends show that home prices range from $190,000 to $3,699,900, and the median sales price in the 40059 zip code is $726,321. The total number of properties sold within the past twelve months is 498. In 40059, 3 properties are in foreclosure, 0 are bank owned properties,and 0 are headed for auction.
40059 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Prospect | $ 726,321 $ 230/sqft |
Housing Market Summary for 40059
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $648K | $685K | 5.72% |
| Median Sold Price | $691K | $632K | -8.54% |
| Homes For Sale | 311 | 481 | 54.66% |
| Homes Sold | 148 | 118 | -20.27% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 40059
Browse Homes in 40059
The median list price of a home in Prospect, is $726,321. A total of 496 properties are for sale, and the percentage of properties for sale in the zip code is 496.00%. The total count of 40059 properties is 620.
- Pre-ForeclosurePre-foreclosure homes account for 0.48% of all residential properties in 40059 with prospect containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 40059; of that cities, the estimated home value for pre-foreclosure homes ranges from $761,735 in prospect to the lowest home value of $514,620 in prospect.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 40059 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 40059. There is 1 cities within 40059; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 40059. Auction homes and other auction properties account for 0% of all properties in 40059. There is 1 cities within 40059; of that cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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More Real Estate Resources for 40059
Guide for 40059
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
