How much does it cost to buy a house in Prairie City, IA?

In May 2026 Prairie City homes were listed to buy for a median price of $261K, which is a 9% decrease to April 2025 last month, and a 9% decrease to May 2025 last year. The median value of a home listed to buy in Prairie City in May 2026 was $167 per sqft, which is a 26% decrease to April 2025 last month, and a 25% decrease to May 2025 last year.

Is it affordable or expensive to live in Prairie City, IA?

It is affordable to live in Prairie City. Buying a home in Prairie City is 1% less expensive compared with the national average.

Is it a good time to buy property in Prairie City, IA?

Yes now is a good time to buy property in Prairie City, in May 2026, homes in Prairie City have decreased in value (price per sqft) by 25% in the last year compared with May 2025.

Is the Prairie City, IA housing market slowing down?

In May 2026, homes to buy in Prairie City spent an median 90 days on the market, a same May 2025 last year.

How much money should I make to buy a house in Prairie City, IA?

In May 2026, Prairie City homes were listed to buy for a median price of $261K, with 25% down you would need $1.58K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $54.2K.

Is it a good time to sell my house in Prairie City, IA?

Yes now is a good time to sell your house in Prairie City, in May 2026, homes in Prairie City have decreased in value (price per sqft) by 25% in the last year compared with May 2025.