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PROSPECT, CT 06712

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The PROSPECT, CT real estate market (06712) currently shows 14 active listings, with 6 pending sales. Homes are averaging 49 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 49 days on market compared to 13 days last year.

The median listing price has risen 12.6% year-over-year, from $425,000 to $478,675.

Whether you are buying or selling in PROSPECT, CT, 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: 9,411  ·  Density: 255.6/mi²  ·  Median household income: $124,382

Typical home value: $328,290  ·  Homeownership: 90.7%

Market Overview

Active Listings
14
⇧ 16.7% vs 12 last year
Pending
6
43% pending ratio
Median Price
$478,675
⇧ 12.6% vs $425,000 last year
Average Price
$509,231
⇧ 17.2% vs $434,450 last year
Days on Market
49
⇧ 276.9% vs 13 days last year

Price Per Square Foot

Median $/sqft
$263
⇧ 8.2% vs $243/sqft last year
Median Home Size
2,013 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 14 this year vs 12 last year
  • Days on market: 49 now vs 13 last year

Median & Average Pricing

Year over Year
  • Median: $478,675 (+12.6% YoY)
  • Average: $509,231 (+17.2% 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 10.3 miles — 567 listings ($248,270,089 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
06712Prospect, CT 067120.0 mi17$8,278,048$433,450$486,944
06705Waterbury, CT 067053.5 mi55$17,297,720$311,075$314,504
06770Naugatuck, CT 067704.0 mi79$28,964,007$347,225$366,633
06524Bethany, CT 065245.1 mi9$8,934,507$837,000$992,723
06708Waterbury, CT 067085.9 mi69$22,039,980$302,445$319,420
06518Hamden, CT 065185.9 mi44$17,615,268$380,000$400,347
06479Plantsville, CT 064796.6 mi17$8,650,909$412,225$508,877
06716Wolcott, CT 067167.0 mi51$25,926,972$434,225$508,372
06451Meriden, CT 064518.4 mi52$19,350,032$347,000$372,116
06514Hamden, CT 065148.9 mi52$18,021,120$329,973$346,560
06478Oxford, CT 064789.5 mi50$36,331,300$654,519$726,626
06483Seymour, CT 0648310.0 mi35$17,043,285$414,700$486,951
06473North Haven, CT 0647310.3 mi37$19,816,941$534,900$535,593

Frequently Asked Questions

How many homes are for sale in PROSPECT, CT 06712?

As of March 2026, there are 14 active listings in PROSPECT, CT (zip code 06712), compared to 12 the prior year.

What is the median home price in PROSPECT, CT 06712?

The median listing price in PROSPECT, CT 06712 is $478,675 as of March 2026, a 12.6% increase from $425,000 the prior year.

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

Homes in PROSPECT, CT 06712 spend an average of 49 days on the market before going under contract, compared to 13 days the prior year.

Is it a seller's or buyer's market in PROSPECT, CT 06712?

Based on current inventory and days-on-market data as of March 2026, PROSPECT, CT 06712 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 49 days on market compared to 13 days last year.

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

With SELL123.com's maximum 3% commission, sellers in PROSPECT, CT 06712 save an estimated $9,574 compared to a typical 5% commission on the median listing price of $478,675. 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.