Prairie Grove, AR

Balanced market-4.8% YoY

Housing market overview · Updated weekly

$314,500median sale price

Homes sold

26

Last 12 weeks

Days on market

116

Average pace

Active listings

71

2.7 months supply

Sale-to-list

99.9%

Below asking

The Prairie Grove housing market is currently classified as a balanced market with a median sale price of $314,500. Prices have fallen 4.8% compared to last year, with homes spending an average of 116 days on market, indicating 2.7 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 Prairie Grove

There are currently 71 homes listed for sale in Prairie Grove, Arkansas. The median listing price is $339K.

Active listings

71

Homes on market

Median list price

$339K

Avg. days on market

116

Days until sale

New this week

19

Newly listed

Price drops:21.1%of listings
Sale-to-list:99.9%

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Frequently asked questions

What is the average home price in Prairie Grove?

The median home sale price in Prairie Grove is $314,500, down 4.8% from last year.

How long do homes stay on market in Prairie Grove?

Homes typically spend 116 days on market before going under contract.

Is Prairie Grove a buyer's or seller's market?

With 2.7 months of supply, Prairie Grove is currently a balanced market.

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