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Foreclosure Homes in Prairie City, IA

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Prairie City, IA Foreclosures

Current Market Conditions in in Prairie City, IA As of February 2026?
Over the past month, Prairie City's housing market has shown signs of stability, with home prices holding steady after a slight dip earlier in the season. The number of homes sold has increased as buyers return from summer vacations, indicating a healthy demand. The area continues to attract interest from those looking for affordable housing options in a rural setting, making it an appealing option for homebuyers looking to settle down.
How much do homes sell for in Prairie City, IA?
The average home price is currently $282,056.
In Prairie City, IA, how many homes are available?
There are currently 11 active home listings available in Prairie City.
What’s the average rental cost in Prairie City, IA?
The average rental price in Prairie City is $1,439.
What is the most expensive home in Prairie City?
The most expensive home sold in Prairie City had a price of $1,773,851.
What is currently the cheapest priced home in Prairie City, IA?
The cheapest home for sale in Prairie City is priced at $34,110.

Living in Prairie City, IA

Prairie City, IA is a picturesque small town that offers a peaceful lifestyle with a strong sense of community. With its beautiful landscapes and friendly atmosphere, residents have access to a variety of local events and recreational activities. The town combines the charm of rural living with convenient amenities.

Buyer vs Seller Market in Prairie City, IA

The real estate market in Prairie City is currently experiencing modest growth, with a steady increase in home values over the past year. The town remains attractive to first-time homebuyers and families looking for a welcoming community. Average home prices have risen moderately, reflecting the area's desirability and the limited availability of housing options.

Home Value Estimator For Prairie City, IA

There are currently 1,086 real estate properties in Prairie City, IA, with a median automated valuation model (AVM) price of $254,975.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Prairie City, IA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Prairie City, IA, is $282,056.00, with the most expensive house in Prairie City, IA, topping out at $1,773,851.00 and the cheapest home in Prairie City, IA, clocking in at $34,110.00. In other words, there’s something for every potential homebuyer or savvy investor in Prairie City, IA!

Rent Prices In Prairie City, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Prairie City, IA, is on a rollercoaster ride. The average rent price in Prairie City, IA, is $1,439.00. Indeed, when looking to rent in Prairie City, IA, you can expect to pay as little as $890.00 or as much as $1,980.00, with the average rent median estimated to be $1,430.00. The good news is that finding an affordable and desirable property to rent in Prairie City, IA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Prairie City, IA Foreclosures

Market Trend for Prairie City, IA

Total Listings Available: 11

Market Values:

Home Prices from $34,110 to $1,773,851

Average Sales Price: $282,056

Rental Values:

Rental from $890 to $1,980

Average Rent Value: $1,439 / month

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