Market Overview
Home Prices in North Prairie, WI
The median home value in North Prairie, WI is $501,201 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8.3% compared to a year ago and up 4% from two years prior.
Compared to the U.S. national median of $410,000, homes in North Prairie are priced22% above average. North Prairie is part of the Milwaukee-Waukesha, WI metro area.
Over the past five years, North Prairie home values have risen by approximately36.3%, reflecting strong long-term appreciation in this market.
Price History
North Prairie Home Price Trend
City Comparison
North Prairie vs. National Median
At $501,201, homes in North Prairie cost 22% above the national median of $410,000. Buyers in North Prairie should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in North Prairie?
20% Down Payment
$100,240
on $501,201
Monthly P&I
$2,614/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,320/mo
incl. taxes & insurance
Income Needed
$132,800
gross annual (30% rule)
10% Down Option
$50,120
+ PMI applies
Loan Amount (20% dn)
$400,961
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 North Prairie, WI?
The median home value in North Prairie is $501,201 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8.3% year-over-year.
How much have home prices changed in North Prairie?
Over the past year, home values in North Prairie have increased by 8.3%. Over five years, prices have risen approximately 36.3%.
How much do I need to earn to buy a home in North Prairie?
To comfortably afford the median home price of $501,201 with a 20% down payment ($100,240) at today's rates (6.8%), you'd need a gross annual income of approximately $132,800. This assumes keeping total housing costs at or below 30% of gross income.
How does North Prairie compare to the national average home price?
The national median home value is approximately $410,000. At $501,201, homes in North Prairie are 22% above the national average.
What metro area is North Prairie part of?
North Prairie is part of the Milwaukee-Waukesha, WI metropolitan area. Home prices and market conditions can vary across the broader metro region.