Prairie Grove, AR Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Prairie Grove, AR is $314,500, down 4.8% year-over-year. Homes sell in an average of 116 days with 71 active listings. The market is currently a balanced market.
$314,500median sale price
Is Prairie Grove a buyer's or seller's market?
Prairie Grove, AR is currently a balanced market, based on 2.7 months of supply and homes selling in about 116 days. How we determine this →
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
Prairie Grove, AR market data
| Metric | Value |
|---|---|
| Median sale price | $314,500 |
| Median list price | $339,000 |
| Year-over-year price change | -4.8% |
| Average days on market | 116 days |
| Active inventory | 71 listings |
| Months of supply | 2.7 months |
| Sale-to-list price ratio | 99.9% |
| Market condition | Balanced market |
Source: Redfin · Updated weekly
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
Top public schools in Prairie Grove
4 schools tracked · 2,216 students
The largest public schools serving Prairie Grove, 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.
PRAIRIE GROVE ELEMENTARY SCHOOL
Grades PK-3 · 801 students
PRAIRIE GROVE HIGH SCHOOL
Grades 9-12 · 595 students
PRAIRIE GROVE MIDDLE SCHOOL
Grades 4-6 · 501 students
PRAIRIE GROVE JUNIOR HIGH SCHOOL
Grades 7-8 · 319 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
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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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