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Market Intelligence · CT / Prospect

Prospect, CT 06712 Housing Market

A typical home in Prospect, CT 06712 is worth $472,535, up 7.3% over the past year. The median list price sits at $515,650, with homes spending 34 days on the market as of September 2026.

Updated September 2026Median value$473K

The median home value in Prospect, CT 06712 is $473K as of September 2026, up 7.3% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 06712 range

$435K to $510K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+7.3% over 12 months

Typical home value in 06712 over the last 12 months: $440K in Sep 2025 to $473K in Sep 2026 (+7.3%).

Sep 2025$440K

Sep 2026$473K

The numbers

What is the 06712 housing market like?

Typical home value

$473K

Up7.3%YoY

Median list price

$516K

Up5.3%MoM

Days on market

34

Down17.1%MoM

Homes for sale

13

Down7.1%MoM

Price cuts

3.5%

Down64.9%MoM

New listings

16

Up100.0%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

06712 housing market forecast 2027

+2.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 06712 to rise 2.2% by September 2027.

Over the 12 months through September 2026, typical home values in 06712 rose 7.3%, per the Zillow Home Value Index.

Will home prices drop in 06712?

Zillow's forecast does not call for a drop: it expects typical home values in 06712 to rise 2.2% by September 2027, after a 7.3% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 06712 home prices compare?

  • 06712$472,535
  • Prospect$472,535
  • Connecticut$444,813
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Prospect: 1 ZIP; Connecticut: 258 ZIPs; United States: 26,262 ZIPs).

Context

Prospect's housing market shows modest activity, with 13 homes for sale and 16 new listings as of September 2026. The median days on market of 34 suggests a reasonably paced market. At $515,650, the median list price is notably above the typical home value of $472,535, a gap worth watching. Only 3.5% of listings have seen price cuts, a relatively low share. For sellers, the recent year-over-year appreciation of 7.3% is encouraging, but the spread between list and typical values suggests pricing discipline matters.

Monthly payment

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20% · $94,507

Common questions

What people ask us.

What is a typical home worth in Prospect, CT 06712?

Typical homes in Prospect are valued at $472,535 as of September 2026, up 7.3% over the past year.

How many homes are for sale in Prospect right now?

There are 13 homes for sale in Prospect as of September 2026, with 16 new listings.

How long do homes typically stay on the market in Prospect?

The median days on market is 34 as of September 2026.

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