Prairie City, IA

Balanced market-51.1% YoY

Housing market overview · Updated weekly

$220,000median sale price

Homes sold

1

Last 12 weeks

Days on market

5

Fast-moving

Active listings

6

6.0 months supply

Sale-to-list

100.0%

Above asking

The Prairie City housing market is currently classified as a balanced market with a median sale price of $220,000. Prices have fallen 51.1% compared to last year, with homes spending an average of 5 days on market, indicating 6.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Prairie City

There are currently 6 homes listed for sale in Prairie City, Iowa.

Active listings

6

Homes on market

Avg. days on market

5

Days until sale

Price drops:16.7%of listings
Sale-to-list:100.0%

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Frequently asked questions

What is the average home price in Prairie City?

The median home sale price in Prairie City is $220,000, down 51.1% from last year.

How long do homes stay on market in Prairie City?

Homes typically spend 5 days on market before going under contract.

Is Prairie City a buyer's or seller's market?

With 6.0 months of supply, Prairie City is currently a balanced market.

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