Market Overview
Home Prices in Prairie Village, KS
The median home value in Prairie Village, KS is $504,470 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7.5% compared to a year ago and up 2.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Prairie Village are priced23% above average. Prairie Village is part of the Kansas City, MO-KS metro area.
Over the past five years, Prairie Village home values have risen by approximately31.1%, reflecting strong long-term appreciation in this market.
Price History
Prairie Village Home Price Trend
City Comparison
Prairie Village vs. National Median
At $504,470, homes in Prairie Village cost 23% above the national median of $410,000. Buyers in Prairie Village should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Prairie Village?
20% Down Payment
$100,894
on $504,470
Monthly P&I
$2,631/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,341/mo
incl. taxes & insurance
Income Needed
$133,640
gross annual (30% rule)
10% Down Option
$50,447
+ PMI applies
Loan Amount (20% dn)
$403,576
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Prairie Village, KS?
The median home value in Prairie Village is $504,470 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7.5% year-over-year.
How much have home prices changed in Prairie Village?
Over the past year, home values in Prairie Village have increased by 7.5%. Over five years, prices have risen approximately 31.1%.
How much do I need to earn to buy a home in Prairie Village?
To comfortably afford the median home price of $504,470 with a 20% down payment ($100,894) at today's rates (6.8%), you'd need a gross annual income of approximately $133,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Prairie Village compare to the national average home price?
The national median home value is approximately $410,000. At $504,470, homes in Prairie Village are 23% above the national average.
What metro area is Prairie Village part of?
Prairie Village is part of the Kansas City, MO-KS metropolitan area. Home prices and market conditions can vary across the broader metro region.