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Foreclosure Homes in Prairie City, IA

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Prairie City, IA Foreclosures

How much do homes sell for in Prairie City, IA?
The average home price is currently $280,332.
In Prairie City, IA, how many homes are available?
There are currently 10 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 $1,274,102.
What is currently the cheapest priced home in Prairie City, IA?
The cheapest home for sale in Prairie City is priced at $23,612.

Living in Prairie City, IA

Prairie City, IA is a close-knit community with a perfect blend of small-town charm and modern conveniences. Residents enjoy a variety of outdoor activities, community events, and access to essential amenities, making it an ideal location for families and retirees alike.

Current Market Conditions in Prairie City, IA

The real estate market in Prairie City remains stable, showcasing a healthy demand for homes, particularly among families seeking affordable living in a community-oriented environment.

Currently, home prices in Prairie City have shown a moderate increase, attributed to its appealing lifestyle and proximity to the greater Des Moines area. Buyers are attracted to the town's aesthetic and its supportive community.

The rental market is also experiencing growth as more individuals seek the benefits of living in a quieter, suburban area while still having access to urban facilities.

Home Value Estimator For Prairie City, IA

There are currently 896 real estate properties in Prairie City, IA, with a median automated valuation model (AVM) price of $256,778.00. 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 $280,332.00, with the most expensive house in Prairie City, IA, topping out at $1,274,102.00 and the cheapest home in Prairie City, IA, clocking in at $23,612.00. 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: 10

Market Values:

Home Prices from $23,612 to $1,274,102

Average Sales Price: $280,332

Rental Values:

Rental from $890 to $1,980

Average Rent Value: $1,439 / month

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