Housing in Prairie City, IA
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$257,000
Median List Price
$264,450
Price Per Sq Ft
$194
Days on Market
69
Active Inventory
11
Months of Supply
3.7
Seller's market
Zillow Home Value
$254,768
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
33.3%
Off Market in 2 Weeks
33.3%
Sale-to-List Ratio
98.6%
Buyer's market
Market Activity
Source: RedfinHomes Sold
3
New Listings
4
Pending Sales
3
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$194
Median List $/SF
$223
Prairie City vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Prairie City is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$177,400
Median Rent
$796
Total Housing Units
666
Vacancy Rate
6.3%
Owner Occupied
76.9%
Renter Occupied
23.1%
Median Property Tax
$2,546
per year
Monthly Cost (w/ Mortgage)
$1,105
Housing Types
The current median sale price in Prairie City, IA is $257,000 according to Redfin data. Homes spend a median of 69 days on the market. 33.3% of homes sold above asking price. The market has 3.7 months of supply. The median price per square foot is $194. The median rent is $796 per month (Census ACS). About 76.9% of housing units are owner-occupied. The median year homes were built is 1970. There are 666 total housing units.