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Prairie Grove Market Report

$444,672

AVERAGE PRICE OF 171 HOMES

$157,500

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,686,019

AVERAGE PRICE OF 14 MULTI-MILLION DOLLAR HOMES

$405,991

AVERAGE PRICE OF 69 NEWLY BUILT HOMES

$826,985

AVERAGE PRICE OF 7 HOMES WITH A POOL

$186,250

AVERAGE PRICE OF 4 REDUCED PRICE HOMES

Average Home

Average Price $444,672
Avg Bedrooms 2.38 beds
Avg Bathrooms 1.58 baths

Average Price by Bedrooms

1 bedroom $820,200
2 bedrooms $324,255
3 bedrooms $414,169
4 bedrooms $385,425
5 bedrooms $1,150,000
Prairie Grove Home Price Trends
  2/2023 1/2023 12/2022 11/2022 10/2022
Total Listings 168 149 152 151 139
Average Price $422,814 $415,410 $373,705 $394,987 $423,977
Avg Price Change +1.78% +11.16% -5.69% -7.34% -7.93%
Median Price $342,057 $340,761 $329,811 $331,366 $328,495
Med Price Change +0.38% +3.32% -0.47% +0.87% +1.13%
Avg Bedrooms 2.31 beds 2.24 beds 2.12 beds 2.23 beds 2.14 beds
Avg Bathrooms 1.55 baths 1.5 baths 1.41 baths 1.47 baths 1.47 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 171 $444,672 141 days
Distressed Homes 1 $157,500 24 days
Multi-Million Dollar Homes 14 $1,686,019 203 days
Newly Built Homes 69 $405,991 122 days
Homes with a Pool 7 $826,985 82 days
Reduced Price Homes 4 $186,250 173 days
Southern Tradition Real Estate, LLC
4700 S. Thompson Street Suite B-101
Springdale, AR 72764
479-365-2585

Provided Courtesy of Northwest Arkansas Board of Realtors® MLS. Information Is Believed To Be Accurate But Not Guaranteed. Copyright © 2023 Northwest Arkansas Board of Realtors® MLS. All Rights Reserved. Database last updated March 29, 2023
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