Commercial Real Estate Market in North Prairie, WI
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
2 active listings and 72 off-market properties in North Prairie, WI.
Market Trends
North Prairie, WI spans 4.8 square miles in Waukesha County, Wisconsin. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in North Prairie, WI runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in North Prairie, WI runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in North Prairie, WI runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in North Prairie, WI runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
North Prairie, WI has 2,559 residents in 1,094 households. Density runs 536 people per square mile. Median household income here is $148,342 and median gross rent $1,117 a month.
2,559
Population
1,094
Households
2.3
Avg Household Size
45
Median Age
46%
College-Educated
99%
High-School Grad
4.8 sq mi
ZIP Area
536
Density / Sq Mi
$148,342
Median Household Income
$66,858
Median Earnings
$1,117
Median Rent
$393,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Genesee Depot | — | — |
| Wales | — | — |
| Eagle | — | — |
| Mukwonago | — | — |
Frequently Asked Questions
Where does Realmo's North Prairie market data come from?
Realmo compiles North Prairie, WI figures from 7 recent recorded sales, 2 active sale listings, 72 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 2 active for-sale and 0 active for-lease listings in North Prairie, WI. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
