Prairie City, IA Home Values & Market Trends
Real estate market trends reflect that there have been 51 transactions over the past year in Prairie City. The median value for residential home transactions that occurred over the previous year is $301,499. The number of current listings in Prairie City is 40, and the percentage of properties for sale in the city is 40.00%. Prairie City, IA currently has 3 properties in foreclosure, 0 bank owned properties, 3 properties headed for auction, and 40 properties for sale.
Prairie City, IA Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 50228 | $ 301,499 $ 216/sqft |
Housing Market Summary for Prairie City, IA
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $293.3K | $296.3K | 1.02% |
| Median Sold Price | $262.8K | $234.6K | -10.70% |
| Homes For Sale | 24 | 40 | 66.67% |
| Homes Sold | 17 | 15 | -11.76% |
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 Prairie City, IA
Browse Homes in Prairie City, IA
Prairie City home values range from $100,157 to $710,364. The median estimated value of a home in Prairie City is $301,499. The median list price of a home is 296,250, and the total count of properties in the city is 62.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Prairie City, IA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Prairie City, IA; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Prairie City, IA 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 Prairie City, IA. There is 1 zips within Prairie City, IA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions50228 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Prairie City, IA. Auction homes and other auction properties account for 4.84% of all properties in Prairie City, IA. There is 1 zips within Prairie City, IA; of that zips, the median estimated home value for homes going to auction ranges from $702,455 in 50228 to the lowest value of $195,900 in 50228.
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Guide for Prairie City, IA
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 […]
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