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Featured local agent — Prairie City, IL
Sarah Mitchell
Compass Real Estate · Prairie City, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Prairie City, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$46,500median sale price
How is the Prairie City, IL housing market right now?
The median home sale price in Prairie City, IL is $46,500. Homes sell in an average of 246 days. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of April 2025 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Prairie City a buyer's or seller's market?
Prairie City, IL is currently a buyer's market and homes selling in about 246 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
246
Average pace
Active listings
—
Sale-to-list
93.2%
Below asking
What does the Prairie City housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $46,500 |
| Average days on market | 246 days |
| Sale-to-list price ratio | 93.2% |
| Median price per sq ft | $36/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Prairie City by property type?
How the Prairie City, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $46,500 | $36/sq ft | 1 | 246 days |
Source: Redfin · Updated monthly
The Prairie City housing market is currently classified as a buyer's market with a median sale price of $46,500. Prices have fallen 0.0% compared to last year, with homes spending an average of 246 days on market.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Homes for sale in Prairie City
Explore homes currently listed for sale in Prairie City, Illinois across major real estate platforms.
Who lives in Prairie City?
Population
386
Median income
$36,250/yr
Median age
43.9 years
Owner-occupied
85.4%
College grads
11.9%
Avg commute
24.1 min
Source: U.S. Census Bureau ACS
What is it like to live in Prairie City?
Prairie City is a community of approximately 0K residents with a median age of 43.9 years.The median household income is $36,250, which represents a working-class community with solid middle-income opportunities. 11.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 85.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 24.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Prairie City offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Prairie City, IL?
Want a head-to-head view? Compare Prairie City side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Prairie City?
The median home sale price in Prairie City is $46,500, down 0.0% from last year.
How long do homes stay on market in Prairie City?
Homes typically spend 246 days on market before going under contract.
What is the median income in Prairie City?
The median household income is $36,250 per year.
How much does a single-family home cost in Prairie City?
The median single-family home price in Prairie City, IL is $46,500 (about $36 per square foot).
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