Pea Ridge, AR Housing Market & Real Estate

Leaning buyer's-1.4% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Pea Ridge, AR is $350,000, down 1.4% year-over-year. Homes sell in an average of 89 days with 155 active listings. The market is currently a leaning buyer's.

$350,000median sale price

Is Pea Ridge a buyer's or seller's market?

Leaning buyer's4.4 months of supply89 avg. days on market

Pea Ridge, AR is currently a leaning buyer's, based on 4.4 months of supply and homes selling in about 89 days. How we determine this →

Homes sold

35

Last 12 weeks

Days on market

89

Average pace

Active listings

155

4.4 months supply

Sale-to-list

99.8%

Below asking

Pea Ridge, AR market data

Current housing market statistics for Pea Ridge, AR
MetricValue
Median sale price$350,000
Median list price$322,624
Year-over-year price change-1.4%
Average days on market89 days
Active inventory155 listings
Months of supply4.4 months
Sale-to-list price ratio99.8%
Market conditionLeaning buyer's

Source: Redfin · Updated weekly

The Pea Ridge housing market is currently classified as a leaning buyer's with a median sale price of $350,000. Prices have fallen 1.4% compared to last year, with homes spending an average of 89 days on market, indicating 4.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Pea Ridge

There are currently 155 homes listed for sale in Pea Ridge, Arkansas. The median listing price is $323K.

Active listings

155

Homes on market

Median list price

$323K

Avg. days on market

89

Days until sale

New this week

64

Newly listed

Price drops:13.6%of listings
Sale-to-list:99.8%

Top public schools in Pea Ridge

5 schools tracked · 2,587 students

The largest public schools serving Pea Ridge, AR by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

PEA RIDGE JUNIOR HIGH SCHOOL

Grades 7-9 · 627 students

Public

PEA RIDGE PRIMARY SCHOOL

Grades PK-2 · 604 students

Public

PEA RIDGE HIGH SCHOOL

Grades 10-12 · 580 students

Public

PEA RIDGE MIDDLE SCHOOL

Grades 5-6 · 393 students

Public

PEA RIDGE INTERMEDIATE SCHOOL

Grades 3-4 · 383 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Explore nearby cities in AR

Frequently asked questions

What is the average home price in Pea Ridge?

The median home sale price in Pea Ridge is $350,000, down 1.4% from last year.

How long do homes stay on market in Pea Ridge?

Homes typically spend 89 days on market before going under contract.

Is Pea Ridge a buyer's or seller's market?

With 4.4 months of supply, Pea Ridge is currently a leaning buyer's.

Pre-launch · for real estate professionals

Reserve a slot on this page

Get your brokerage in front of buyers actively shopping this city on the Pea Ridge, AR market page when featured listings launch in the next 1-2 weeks. One brokerage slot per page, billed monthly once live.

$100 / month

Reserve slot

Get Pea Ridge market alerts

Weekly updates on prices, inventory, and trends. Free forever.