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OR area data

Prospect, OR

Prospect, OR.

Population: 1,309 (Census ACS)

The median home value in Prospect, OR is $346,178 — down 1.8% over the past year. Homes sell for a median $272,150 after a median 171.5 days on market. 1 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Moderate, with winterweather, wildfire, earthquake the top-rated hazards. Cost of living is 1.5% above the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$346,178

Median home value

-1.8%

1-year change

171.5

Median days on market

Relatively Moderate

Hazard risk (county)

Home values & appreciation

Median home value
$346,178
1-year appreciation
-1.8%
3-year appreciation
+1.3%
5-year appreciation
+9.3%
10-year appreciation
+69.0%
All-time peak (2025-08)
$352,882
House Price Index (state)
623.5 (+0.5% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$272,150
Median list price
$429,950
Median price per sqft
$203
1-year sale-price change
-18.5%
Median days on market
171.5 days
Homes sold (recent period)
2
For-sale inventory
11
Sale-to-list ratio
92.9%
Active listings
8
1-year forecast
-1.4%

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$986/mo
1BR fair-market rent
$1,233/mo
2BR fair-market rent
$1,558/mo
3BR fair-market rent
$2,026/mo
4BR fair-market rent
$2,337/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Above Average)
101.5 (100 = US avg)
Electricity rate (state-level)
15.4¢/kWh
Natural gas rate (state-level)
$16.70/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
1
Elementary schools
0
Middle schools
0
High schools
0
Charter schools
1
Schools include
Prospect Charter School

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Moderate
Top hazards (county)
winterWeather, wildfire, earthquake, heatWave, inlandFlooding
Notable hazard ratings (county)
earthquake: Relatively Moderate · hail: Relatively Low · heatWave: Relatively Moderate · inlandFlooding: Relatively Moderate · landslide: Relatively Low · lightning: Relatively Moderate
FEMA flood zone
X
Flood risk level
Minimal
Wildfire risk to homes (county)
Higher than 100% of US counties
Buildings in wildfire direct-exposure zone
44.1%
Radon potential (county)
Low radon potential — EPA Zone 3 of 3
EPA Superfund (NPL) sites within 5 mi
None
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
53.0°F
Average high
67.0°F
Average low
38.0°F
USDA plant hardiness zone
8a (extreme annual low 10 to 15°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
45
Days with Good air quality
216
Days with Moderate air quality
135
Days with Unhealthy air quality
7
Highest AQI recorded (year)
237

Source: EPA air quality data (nearest monitoring station, annual)

Walkability & transit

Walkability index
5.7 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
148
Jobs reachable by transit (45 min)
422

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
1
Nearest national park
Crater Lake National Park (21 mi)
Airports within 30 mi
9
Nearest airport
Prospect State Airport (3 mi)
Nearest major airport
Rogue Valley International-Medford Airport (MFR) (34 mi)
Hospitals nearby (~15 mi)
4
Hospitals include
ASANTE ASHLAND COMMUNITY HOSPITAL, ASANTE ROGUE REGIONAL MEDICAL CENTER, PROVIDENCE MEDFORD MEDICAL CENTER
Avg hospital rating (CMS)
3.3 / 5
Best hospital rating nearby (CMS)
4.0 / 5
Solar radiation rating
Fair (4.5 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
-251 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,979
Housing built before 1970
29.2%
Housing built 2000 or later
24.7%
Median annual property tax
$1,373
Households with broadband internet
59.5%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
80,004
Average weekly wage
$1,049
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
628

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ProspectState medianUS median
Median home value$346,178$463,165$289,727
Median sale price$272,150$460,000$325,000
Median days on market172 days48 days51 days
Median annual property tax$1,373$2,722$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in Prospect, OR?
$346,178.
What is the median sale price in Prospect, OR?
$272,150.
How long do homes take to sell in Prospect, OR?
Median days on market: 171.5 days.
What is typical rent in Prospect, OR?
2-bedroom fair-market rent: $1,558/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in Prospect, OR?
Overall risk: Relatively Moderate (FEMA NRI, county-level). Top hazards: winterWeather, wildfire, earthquake, heatWave, inlandFlooding.
Is Prospect, OR in a flood zone?
Minimal (FEMA NFIP). FEMA flood zone X.
What is the wildfire risk in Prospect, OR?
Risk to homes is higher than 100% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Prospect, OR?
Low radon potential — EPA Zone 3 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Prospect, OR?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve Prospect, OR?
1 schools (NCES, 2022-23).
Is Prospect, OR walkable?
Walkability index: 5.7/20 (EPA Smart Location Database).
What is the air quality in Prospect, OR?
Good. Median AQI: 45. (EPA AQI).
What is the cost of living in Prospect, OR?
Regional Price Parity: 101.5 (100 = US average) (Above Average) (BEA RPP, metro/state-level).

ZIP code for Prospect

Selling a home in Prospect, OR?

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents