South Prairie—98385
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — South Prairie
As of Nov '25, the median home price in South Prairie is $486,000, with a year-over-year change of 0.3%. This indicates that home prices in South Prairie are flat. According to Zillow, the 1-year price projection is 0.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $486,000 | 0.3% |
| Single Family | $486,000 | 0.0% |
| 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 — South Prairie
South Prairie 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 — South Prairie
South Prairie lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | N/A | N/A |
Listing Count | N/A | N/A |
| Listings as % of Homes | 0.5% | N/A |
Days on Market | N/A | N/A |
Demographics — South Prairie
As of the latest ACS Survey released in 2023, South Prairie has a population of 609, which has increased by 102.3% over the past 5 years. South Prairie is a popular place for families, as children make up 33.7% of the population. The area has a poorly educated workforce, with 20.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 609 | 102.3% |
% Under 18 | 33.7% | 167.5% |
% Seniors | 14.9% | -10.2% |
% WFH | 1.3% | -79.4% |
% w/ College Degree | 20.6% | 12.6% |
As of the latest ACS Survey released in 2023, South Prairie is a predominantly white area, with 62.2% of the population identifying as white. The white population has shrunk by 28.8% in the last 5 years. The second most common race or ethnicity in South Prairie is hispanic, making up 10.2% of the population. Foreign-born residents account for 4.6% of the population in South Prairie, and this percentage has increased by 253.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 62.2% | -28.8% |
% Black | 0.0% | N/A |
% Hispanic | 10.2% | 410.0% |
% Asian | 1.8% | 157.1% |
% Foreign Born | 4.6% | 253.8% |
Mortgage and Risk — South Prairie
South Prairie 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 |
Rentals and Section 8 — South Prairie
South Prairie 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 | $1,750 |
| 2 Bedroom | N/A | N/A | $2,160 |
| 3 Bedroom | N/A | N/A | $3,020 |
| 4 Bedroom | N/A | N/A | $3,450 |
Affordability — South Prairie
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $486,000 |
| Median Household Income | $133,000 |