New Listing
$340,000
7545 Aberdeen Rd
Prairie Village, KS 66208
3 bd2 ba1,226 sqft$277/ft²
House9,569 sqft lot
Seek Real Estate
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Prairie Village, KS(512) 555-0184TX License #0512847
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Prairie Village, KS Housing Market
Strong seller's market+4.5% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Prairie Village, KS is worth $495,700, rose 4.5% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $550,000, +9.8% year over year (through May 2026). With 1.1 months of supply and homes going under contract in about 7 days, Prairie Village is a strong seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $495,700 home is about $2,646/mo in principal and interest.
Key numbers for Prairie Village, KS
Typical home value
$495,700
+4.5% in 12 months
Zillow, August 2026
Typical asking rent
$2,236/mo
Zillow Observed Rent Index
Zillow, August 2026
Median sale price
$550,000
+9.8% year over year
Redfin, through May 2026
Days on market
7
Fast-moving
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$107,664
Home costs 4.6x income
U.S. Census ACS, 2023
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Prairie Village a buyer's or seller's market?
Strong seller's market1.1 months of supply7 days on market
Prairie Village, KS is a strong seller's market, based on 1.1 months of supply and homes selling in about 7 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Prairie Village housing market data show?
Every row below is Redfin's final published month for Prairie Village, KS. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $550,000 |
| Median list price | $580,000 |
| Year-over-year price change | +9.8% |
| Median price per sq ft | $295/sq ft |
| Median days on market | 7 days |
| Months of supply | 1.1 months |
| Homes sold (that month) | 34 |
| New listings (that month) | 62 |
| Listings with a price cut | 44.7% |
| Market condition | Strong seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Prairie Village is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Prairie Village is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Prairie Village home prices moved?
Over the last three years the median sale price in Prairie Village, KS rose 10.0%, from $500,000 to $550,000. The live Zillow value series has rose 4.5% in the last 12 months, which is the more current read now that Redfin's series has stopped. 44.7% of Prairie Village listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Prairie Village?
Priced off the typical home value of $495,700 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $99,140 | $396,560 | $2,646/mo |
| 5% | $24,785 | $470,915 | $3,143/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,646, that implies roughly $113,414 a year before you add taxes and insurance. The median household in Prairie Village earns $107,664, about $5,750 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 4.6x — above the historical 3x norm but in line with much of the country in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Prairie Village in the next 12 months?
Tell us your timeline. We send the Prairie Village market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Prairie Village?
Typical asking rent in Prairie Village, KS is $2,236/mo, against a typical home value of $495,700. That is a price-to-rent ratio of 18.5x, which means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Compared head to head, 20% down puts principal and interest at $2,646 a month — $410 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.
Zillow, August 2026 for both value and rent
Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.
Is inventory rising or falling in Prairie Village?
We hold fewer than two months of inventory readings for Prairie Village, KS, so there is no trend to report yet.
How does Prairie Village compare to Kansas and the U.S.?
Prairie Village homes sell for $550,000 — 74% above the Kansas median of $316,300. Against the national median of $410,700, Prairie Village runs 34% higher. Year-over-year, Prairie Village moved +9.8% against Kansas's +2.6% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Prairie Village, KS | $550,000 | +9.8% | 7 days |
| Kansas statewide | $316,300 | +2.6% | 19 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Prairie Village
What buyers should watch
- Months of supply, currently 1.1. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 44.7%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $496 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $495,700 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Prairie Village listing goes under contract in 7 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- In the last published month Prairie Village added 62 new listings against 34 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved +4.5% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Prairie Village varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Prairie Village
Explore homes currently listed for sale in Prairie Village, Kansas across major real estate platforms.
New Listing
$365,000
7840 Ash St
Prairie Village, KS 66208
4 bd2 ba1,236 sqft$295/ft²
House7,490 sqft lot
Real Broker, LLC
View photos & details
New Listing
30
$380,000
7645 Colonial Dr
Prairie Village, KS 66208
3 bd2 ba1,300 sqft$292/ft²
House10,677 sqft lot
Compass Realty Group
View photos & details
New Listing
$475,000
7629 Mission Rd
Prairie Village, KS 66208
4 bd3 ba1,788 sqft$266/ft²
House10,199 sqft lot
Real Broker, LLC
View photos & details
New Listing
5
$479,000
6800 Granada Rd
Prairie Village, KS 66208
3 bd2 ba1,404 sqft$341/ft²
House7,376 sqft lot
Compass Realty Group
View photos & details
40
$495,000
4827 W 78th Ter
Prairie Village, KS 66208
4 bd3 ba2,241 sqft$221/ft²
House9,122 sqft lot
Weichert, Realtors Welch & Com
View photos & details
New Listing
39
$499,000
7409 Ash St
Prairie Village, KS 66208
4 bd2 ba1,746 sqft$286/ft²
House10,753 sqft lot
Compass Realty Group
View photos & details
New Listing
15
$550,000
2114 W 79th Ter
Prairie Village, KS 66208
3 bd3 ba2,947 sqft$187/ft²
House11,088 sqft lot
ReeceNichols -The Village
View photos & details
New Listing
2
$700,000
4509 W 93rd St
Prairie Village, KS 66207
3 bd3 ba1,968 sqft$356/ft²
House15,442 sqft lot
Compass Realty Group
View photos & details
New Listing
$784,900
8345 Reinhardt St
Prairie Village, KS 66206
4 bd4 ba3,069 sqft$256/ft²
House13,208 sqft lot
Love Living Local
View photos & details
New Listing
$1,295,000
6806 Fontana St
Prairie Village, KS 66208
5 bd5 ba3,495 sqft$371/ft²
House7,802 sqft lot
ReeceNichols - Country Club Plaza
View photos & details
New Listing
3
$3,899,900
4820 W 68th St
Prairie Village, KS 66208
6 bd8 ba6,937 sqft$562/ft²
House27,813 sqft lot
Compass Realty Group
View photos & details
Looking to buy in Prairie Village?
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Price drops:44.7%of listings
How much do homes cost in Prairie Village by property type?
How the Prairie Village, KS market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $550,000 | $295/sq ft | 34 | 7 days |
| Condo / co-op | $173,700 | $183/sq ft | 1 | 74 days |
| Townhouse | $335,000 | $268/sq ft | 1 | 1 days |
Who lives in Prairie Village?
American Community Survey estimates for Prairie Village. U.S. Census ACS, 2023
Population
22,937
Households
10,054
Median income
$107,664/yr
Median age
40.8 years
Owner-occupied
74.8%
Median home value
$402,600
Median gross rent
$1,655/mo
Mean commute
20.4 min
74.8% of occupied homes in Prairie Village are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $402,600 against Zillow's $495,700 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,655/mo, below Zillow's $2,236/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.
Which public schools serve Prairie Village?
6 schools tracked · 4,696 students
The largest public schools serving Prairie Village, KS by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Shawnee Mission East High
Grades 9-12 · 1,671 students
Indian Hills Middle
Grades 7-8 · 866 students
Briarwood Elem
Grades PK-6 · 665 students
Corinth Elem
Grades PK-6 · 573 students
Belinder Elem
Grades PK-6 · 463 students
Prairie Elem
Grades PK-6 · 458 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Prairie Village, KS?
Ordered by distance from Prairie Village, not by size. Compare Prairie Village side by side with any of them.
Which ZIP codes are in Prairie Village?
These are the ZIP codes we see on active Prairie Village listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.
Prairie Village housing market FAQ
Is Prairie Village a buyer's or seller's market?
Prairie Village, KS is currently a strong seller's market. That read comes from 1.1 months of supply, homes going under contract in about 7 days in the last month Redfin published (May 2026).
How much do homes cost in Prairie Village?
The typical home in Prairie Village, KS is worth $495,700 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $550,000, about $295 per square foot.
Is Prairie Village cheaper than the rest of Kansas?
Prairie Village's median sale price of $550,000 is 74% higher than the Kansas statewide median of $316,300, and 34% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Prairie Village?
Homes in Prairie Village, KS spent a median of 7 days on market before going under contract, versus 19 days statewide. Under three weeks means well-priced listings move before most buyers can schedule a second showing. (Redfin, through May 2026.)
What income do you need to buy a home in Prairie Village?
At the current 30-year fixed rate of 7.03%, 20% down on a $495,700 home is about $2,646 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $113,414 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $107,664.
Are home prices rising in Prairie Village?
The typical home value in Prairie Village, KS rose 4.5% over the last 12 months, from $474,295 to $495,700 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Prairie Village?
Prairie Village ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Prairie Village?
That depends on your timeline, not on a headline. What the data says today: Prairie Village, KS is a strong seller's market with 1.1 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 18.5x means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Properties Incorporated publishes the data; it does not give financial advice.
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