Prairie Grove, AR Home Values & Market Trends

Real estate market trends reflect that there have been 222 transactions over the past year in Prairie Grove. The median value for residential home transactions that occurred over the previous year is $276,255.93. The number of current listings in Prairie Grove is 18, and the percentage of properties for sale in the city is 18.00%. Prairie Grove, AR currently has 1 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 18 properties for sale.

Prairie Grove, AR Real Estate Market Overview

ZipMedian Est. Value
72753

$ 328,130

$ 172/sqft

Housing Market Summary for Prairie Grove, AR

Apr 2023March 2024Change
Median Listing Price$299.9K$293.5K-2.13%
Median Sold Price$268.9K$293.5K9.15%
Homes For Sale171911.76%
Homes Sold1051148.57%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Prairie Grove, AR

Prairie Grove home values range from $26,872 to $1,553,095. The median estimated value of a home in Prairie Grove is $276,255.93. The median list price of a home is 339,950, and the total count of properties in the city is 3,536.

Foreclosure
There is 1 zips within Prairie Grove, AR; within this zips, the median estimated home value for homes in foreclosure ranges from $449,012 in 72753 to the lowest value of $449,012 in 72753. Foreclosure homes account for 0.00% of properties in Prairie Grove, AR with 72753 containing 1 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Prairie Grove, AR with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Prairie Grove, AR; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Prairie Grove, AR ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Prairie Grove, AR. There is 1 zips within Prairie Grove, AR; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    72753 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Prairie Grove, AR. Auction homes and other auction properties account for 0.03% of all properties in Prairie Grove, AR. There is 1 zips within Prairie Grove, AR; of that zips, the median estimated home value for homes going to auction ranges from $449,012 in 72753 to the lowest value of $449,012 in 72753.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.51% of residential properties in Prairie Grove, AR with 72753 containing 18 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Prairie Grove, AR; homes for sale in that zips, have a range of median values from $1,368,598 in 72753 to the lowest value of $131,118 in 72753.
    Sold Homes
    The median value for recently sold homes ranges from $543,727 in 72753 to the lowest price of $39,818 in 72753. There is 1 zips within Prairie Grove, AR. 72753 has 118 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.34% of properties in Prairie Grove, AR.

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      Guide for Prairie Grove, AR

      Market Reports
      Little Rock Real Estate: Climbing Property Values and Investment Potential – Market Report April 2024
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      Market Reports
      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      See More Articles
      Little Rock Real Estate: Climbing Property Values and Investment Potential – Market Report April 2024
      Market Reports|posted 8 April 2024

      The Little Rock real estate market has shown growth in average property values and prices per square foot between April 2023 and March 2024, indicating an investment-friendly environment.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.

      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      Market Reports|posted 24 April 2024

      The Augusta, Maine real estate market has seen considerable growth in property values and price per square foot, despite a decrease in sales. Comparisons with neighboring cities suggest diverse market conditions.

      Recently Listed Homes Prairie Grove, AR

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