Prairie Grove Real Estate Market

Prairie Grove Market

The median sale price for homes in Prairie Grove over the last 12 months is $110,000.


The median mortgage debt is $71,840.

Additional Statistics for Single Family Homes and Condos in Prairie Grove, AR
$159,900
Median Listing Price
68
Median Days on Market
71
Active Listings
9.9%
Distressed Listings
(foreclosures and short sales)
Prairie Grove, AR Price Trends - Sold vs. Listed
The median list price in May for single family homes in Prairie Grove is $159,900. The list prices increased by 18% from the previous month.

The price per square foot for listings in this area is $87.

The median sale price in December for single family homes is $119,000. The sale prices increased by 103.41% from the previous month.

The price per square foot for sales in this area is $61.

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Prairie Grove, AR Market Inventory Trends

The number of active listings in Prairie Grove dropped by 11.3% from the previous month.

The median number of days active properties have been listed is 68. This is significantly shorter than the national average.

The number of sales increased by 100% from the previous month.

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Prairie Grove, AR Property Ownership

This chart shows home occupancy within an area.

A high percentage of ownership can indicate an area where people like to live and stable property prices. While a high percentage of rentals could indicate an area with shifting demographics, a younger community, or possibly a downtown area.

High vacancy rates can indicate that the market is unhealthy and that it could be tough to sell a home in this area.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.