Housing in Prairie Grove, AR
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$296,750
Median List Price
$337,391
Price Per Sq Ft
$188
Days on Market
70
Active Inventory
75
Months of Supply
4.4
Balanced market
Zillow Home Value
$310,142
ZHVI — January 2026
Zillow Rent Index
$1,553
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
17.6%
Off Market in 2 Weeks
6.5%
Sale-to-List Ratio
97.7%
Buyer's market
Market Activity
Source: RedfinHomes Sold
17
New Listings
23
Pending Sales
31
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$188
Median List $/SF
$186
Prairie Grove vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Prairie Grove is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$226,800
Median Rent
$933
Total Housing Units
2,852
Vacancy Rate
3.3%
Owner Occupied
64.5%
Renter Occupied
35.5%
Median Property Tax
$1,308
per year
Monthly Cost (w/ Mortgage)
$1,191
Housing Types
The current median sale price in Prairie Grove, AR is $296,750 according to Redfin data. Homes spend a median of 70 days on the market. 17.6% of homes sold above asking price. The market has 4.4 months of supply. The median price per square foot is $188. Zillow's observed rent index is $1,553/month. About 64.5% of housing units are owner-occupied. The median year homes were built is 1999. There are 2,852 total housing units.