Pratt—25162
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pratt
As of Oct '25, the median home price in Pratt is $121,000, with a year-over-year change of 6.1%. This indicates that home prices in Pratt are increasing. According to Zillow, the 1-year price projection is -0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $121,000 | 6.1% |
| Single Family | $121,000 | 6.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $130,000 | 6.6% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Pratt
Pratt lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Pratt
As of Oct '25, Realtor.com reports that the median days on market for a home in Pratt is 8. This is a decrease of -92.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $138,000 | -14.0% |
Listing Count | 1 | 50.0% |
| Listings as % of Homes | N/A | 50.0% |
Days on Market | 8 | -92.0% |
Demographics — Pratt
As of the latest ACS Survey released in 2023, Pratt has a population of 406, which has decreased by -4.0% over the past 5 years. Pratt is a moderately popular place for families, as children make up 22.9% of the population. The area has a poorly educated workforce, with 14.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 406 | -4.0% |
% Under 18 | 22.9% | 3.2% |
% Seniors | 25.9% | 42.3% |
% WFH | 5.0% | 354.5% |
% w/ College Degree | 14.9% | -45.4% |
As of the latest ACS Survey released in 2023, Pratt is a predominantly white area, with 95.8% of the population identifying as white. The white population has shrunk by 4.0% in the last 5 years. The second most common race or ethnicity in Pratt is black, making up 0.7% of the population. Foreign-born residents account for 0.0% of the population in Pratt, and this percentage has decreased by 100.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 95.8% | -4.0% |
% Black | 0.7% | ∞% |
% Hispanic | 0.0% | N/A |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Pratt
Pratt lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Pratt
Pratt lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 9.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $740 |
| 2 Bedroom | N/A | N/A | $900 |
| 3 Bedroom | N/A | N/A | $1,170 |
| 4 Bedroom | N/A | N/A | $1,200 |
Affordability — Pratt
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.8 |
| Median Home Price | $121,000 |
| Median Household Income | $61,000 |