Prairie Lea—78661
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Prairie Lea
As of Oct '25, the median home price in Prairie Lea is $200,000, with a year-over-year change of -5.8%. This indicates that home prices in Prairie Lea are decreasing. According to Zillow, the 1-year price projection is -2.9%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $200,000 | -5.8% |
| Single Family | $200,000 | -4.8% |
| 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Prairie Lea
Prairie Lea 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 — Prairie Lea
As of Oct '25, Realtor.com reports that the median days on market for a home in Prairie Lea is 74. This is a increase of 6.0% from last year, suggesting that homes are sitting on the market longer 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 | $280,000 | -1.0% |
Listing Count | 2 | 0.0% |
| Listings as % of Homes | N/A | 0.0% |
Days on Market | 74 | 6.0% |
Demographics — Prairie Lea
As of the latest ACS Survey released in 2023, Prairie Lea has a population of 658, which has increased by 90.7% over the past 5 years. Prairie Lea is a popular place for families, as children make up 34.8% of the population. The area has a poorly educated workforce, with 7.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 658 | 90.7% |
% Under 18 | 34.8% | 34.9% |
% Seniors | 19.3% | 2.7% |
% WFH | 0.0% | N/A |
% w/ College Degree | 7.2% | -25.8% |
As of the latest ACS Survey released in 2023, Prairie Lea is a predominantly hispanic area, with 52.1% of the population identifying as hispanic. The hispanic population has grown by 13.8% in the last 5 years. The second most common race or ethnicity in Prairie Lea is white, making up 30.4% of the population. Foreign-born residents account for 0.0% of the population in Prairie Lea, 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 | 30.4% | -33.2% |
% Black | 21.6% | 148.3% |
% Hispanic | 52.1% | 13.8% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Prairie Lea
Prairie Lea 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 — Prairie Lea
Prairie Lea lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,480 |
| 2 Bedroom | N/A | N/A | $1,740 |
| 3 Bedroom | N/A | N/A | $2,230 |
| 4 Bedroom | N/A | N/A | $2,560 |
Affordability — Prairie Lea
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.1 |
| Median Home Price | $200,000 |
| Median Household Income | $47,900 |