Prairie Lawn Acres 1
Closed-sale statistics for Prairie Lawn Acres 1, with the property-tax reality attached — computed 2025-09-01 to 2026-09-01, not scraped from listings.
- Median sale price
- $380,500
- Median days on market
- 12
- List-to-sale ratio
- 97.6%
6 closed sales, 2025-09-01 to 2026-09-01
What taxes actually become here
Michigan taxable value uncaps the year after you buy (MCL 211.27a). At this subdivision's median price of $380,500, in Royal Oak City School District at 37.96 homestead mills, the year-two bill is approximately $7,222 — regardless of what the seller currently pays. The listing will almost certainly show less. Run your own number.
How Prairie Lawn Acres 1 compares in Royal Oak
Of the 62 Royal Oak subdivisions and condo projects we publish statistics for, Prairie Lawn Acres 1's $380,500 median ranks 30 of 62 — 1% above the tracked-Royal Oak median of $375,000.
| Project | Median sale | Sales | Year-2 tax |
|---|---|---|---|
| Lincoln Grove | $392,500 | 8 | $7,450 |
| Meyering Land Co Woodward Hills | $390,000 | 23 | $7,402 |
| Towar Park | $385,000 | 15 | $7,307 |
| Red Run Golf | $382,500 | 24 | $7,260 |
| Prairie Lawn Acres 1 | $380,500 | 6 | $7,222 |
| Southlawn Park | $377,500 | 10 | $7,165 |
| Red Run Heightsno 1 | $372,500 | 10 | $7,070 |
| Homestead Farms | $371,000 | 9 | $7,042 |
| Harry Slatkins City Park Royal Oak | $365,500 | 9 | $6,937 |
Year-2 tax is the estimated post-uncapping homestead bill at each project's median price. Ranked by median closed price, 2025-09-01 to 2026-09-01.
This is the median. Your number depends on the address.
Median statistics cannot price a specific house. For one address we can compute the year-two tax bill, the escrow impact, eligibility for down-payment programs, and — if you own here — what a sale would actually net after transfer tax and payoff.
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Common questions
What is the median home price in Prairie Lawn Acres 1?
The median closed sale price in Prairie Lawn Acres 1 (Royal Oak) is $380,500, from 6 sales 2025-09-01 to 2026-09-01.
What will property taxes be after buying in Prairie Lawn Acres 1?
At the median price, taxable value uncaps to roughly $190,250 and the year-two bill in Royal Oak City School District is approximately $7,222 at homestead rates.
How does Prairie Lawn Acres 1 compare with other Royal Oak subdivisions?
Its $380,500 median ranks 30 of 62 Royal Oak projects we track — 1% above the tracked-city median of $375,000.
More context: Royal Oak property tax rates · school district breakdowns · all calculators