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Featured local agent — Pea Ridge, AR
Sarah Mitchell
Compass Real Estate · Pea Ridge, AR
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Pea Ridge, AR Housing Market & Real Estate
Housing market overview · Updated monthly ·
$343,250median sale price
How is the Pea Ridge, AR housing market right now?
The median home sale price in Pea Ridge, AR is $343,250, down 2.6% year-over-year. Homes sell in an average of 88 days with 155 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Pea Ridge a buyer's or seller's market?
Pea Ridge, AR is currently a balanced market, based on 3.2 months of supply and homes selling in about 88 days. How we determine this →
Homes sold
48
Last 12 weeks
Days on market
88
Average pace
Active listings
155
3.2 months supply
Sale-to-list
99.4%
Below asking
What does the Pea Ridge housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $343,250 |
| Median list price | $358,662 |
| Year-over-year price change | -2.6% |
| Average days on market | 88 days |
| Active inventory | 155 listings |
| Months of supply | 3.2 months |
| Sale-to-list price ratio | 99.4% |
| Median price per sq ft | $201/sq ft |
| Homes sold (latest month) | 48 |
| New listings (latest month) | 40 |
| Listings with a price cut | 32.9% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Pea Ridge by property type?
How the Pea Ridge, AR market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $343,250 | $201/sq ft | 48 | 88 days |
| Townhouse | $338,400 | $174/sq ft | 1 | 20 days |
Source: Redfin · Updated monthly
The Pea Ridge housing market is currently classified as a balanced market with a median sale price of $343,250. Prices have fallen 2.6% compared to last year, with homes spending an average of 88 days on market, indicating 3.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.7x provides context for how home values compare to local earning capacity.
Homes for sale in Pea Ridge
There are currently 155 homes listed for sale in Pea Ridge, Arkansas. The median listing price is $359K.
Active listings
155
Homes on market
Median list price
$359K
Avg. days on market
88
Days until sale
New this week
40
Newly listed
Who lives in Pea Ridge?
Population
7,348
Median income
$93,627/yr
Median age
35.9 years
Owner-occupied
75.1%
College grads
24.0%
Avg commute
23.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Pea Ridge?
Zillow home value
$347,679
Zillow rent index
$1,578/mo
Price-to-rent ratio
18.4x
Price-to-income
3.7x
Source: Zillow Research
What is it like to live in Pea Ridge?
Pea Ridge is a community of approximately 7K residents with a median age of 35.9 years.The median household income is $93,627, which reflects a relatively affluent area with strong earning potential. 24.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 75.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 23.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Pea Ridge offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve 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
PEA RIDGE PRIMARY SCHOOL
Grades PK-2 · 604 students
PEA RIDGE HIGH SCHOOL
Grades 10-12 · 580 students
PEA RIDGE MIDDLE SCHOOL
Grades 5-6 · 393 students
PEA RIDGE INTERMEDIATE SCHOOL
Grades 3-4 · 383 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Pea Ridge, AR?
Want a head-to-head view? Compare Pea Ridge side-by-side with any other U.S. city using our market-comparison tool.
Is Pea Ridge a good real estate investment market?
For investors evaluating Pea Ridge, the price-to-rent ratio of 18.4x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 2.6% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Pea Ridge's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Pea Ridge's median home price.
Frequently asked questions
What is the average home price in Pea Ridge?
The median home sale price in Pea Ridge is $343,250, down 2.6% from last year.
How long do homes stay on market in Pea Ridge?
Homes typically spend 88 days on market before going under contract.
What is the median income in Pea Ridge?
The median household income is $93,627 per year.
Is Pea Ridge a buyer's or seller's market?
With 3.2 months of supply, Pea Ridge is currently a balanced market.
What is the Zillow home value estimate for Pea Ridge?
The Zillow Home Value Index (ZHVI) for Pea Ridge is $347,679, representing the typical home value in the area.
How much does a single-family home cost in Pea Ridge?
The median single-family home price in Pea Ridge, AR is $343,250 (about $201 per square foot).
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