Prairie Grove, AR
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
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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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