Prairie Grove, AR Housing Market & Real Estate

Balanced market-4.8% YoY

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?

Balanced market2.7 months of supply116 avg. days on 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

Current housing market statistics for Prairie Grove, AR
MetricValue
Median sale price$314,500
Median list price$339,000
Year-over-year price change-4.8%
Average days on market116 days
Active inventory71 listings
Months of supply2.7 months
Sale-to-list price ratio99.9%
Market conditionBalanced 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

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

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

Public

PRAIRIE GROVE HIGH SCHOOL

Grades 9-12 · 595 students

Charter

PRAIRIE GROVE MIDDLE SCHOOL

Grades 4-6 · 501 students

Public

PRAIRIE GROVE JUNIOR HIGH SCHOOL

Grades 7-8 · 319 students

Public

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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