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Prairie City, IA Real Estate


According to census data in the year 2000 there were 567 housing units in Prairie City. This represents a 7.8% growth from 526 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 567 were located in what is classified as a rural area.

Homeownership rate in Prairie City is about 76.1%. Prairie City's vacancy rate, including seasonal lodging, is about 2.5%. Average household size is 2.41 people.

The majority of houses, apartments or condos in Prairie City were built after 1959.

Statistics

Housing Size

Housing Units by Size
Studio Type0.90%
One Bedroom6.50%
Two Bedrooms36.70%
Three Bedrooms43.40%
Four Bedrooms9.20%
Five Bedrooms or more3.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.5
Median year structure was built1957
Median Value of occupied units$92,500
Median Price asked for vacant units$62,500

Rented Homes, Apartments and Condos

Average Household Size2.13
Median year structure was built1966
Median Monthly Rent asked for vacant units$475

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.30%
Second Mortgage10.60%
Home Equity Loan9.10%
Simple Mortgage37.70%
Debt Free41.30%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs15.9%