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Prairie Grove, AR

Full City Profile · Arkansas · Washington County County

3.0 /5.0
B Good
7,445 Population 798/sq mi density
$58,556 Median Income $27,091 per capita
$226,800 Home Value $312,776 Zillow
$933 Median Rent 26.5% income on rent
57°F Avg Temperature 301 sunny days/yr
243 Violent Crime/100K 2,032 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$58,556 median income, 2.0% unemployment
A+
Affordability
4.5 / 5.0
$226,800 home value, $933/mo rent
F
Safety
1.0 / 5.0
243 violent crimes/100K
C+
Education
2.6 / 5.0
20.5% bachelor's degree or higher

Housing Overview

Median Home Value
$226,800
20% below
US avg: $281,900
Median Rent
$933/mo
20% below
US avg: $1,163/mo
Homeownership Rate
64.5%
1% below US avg (65.4%)
Total Housing Units
2,855
Median year built: 2000

Home Value by Source

Census Median
$226,800
Zillow (ZHVI)
$312,776
Median Sale Price
$314,500
Median List Price
$339,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

64.5%
Owner-Occupied
35.5%
Renter-Occupied
65%
36%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$700/mo
1 Bedroom
$751/mo
2 Bedroom
$944/mo
3 Bedroom
$1,239/mo
4 Bedroom
$1,406/mo
Census median rent: $933/mo · Zillow rent: $1,507/mo

Market Indicators (Redfin)

Median Days on Market
116 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
26
Price Drops
21.1%
of listings with price reduction
Price Per Sq Ft
$186
Active Inventory
71
homes for sale

Affordability & Housing Stock

Rent Burden
26.5%
of renters spending 30%+ of income on housing
15% below US avg (31.0%)
Median Year Built
2000
Average age of housing stock: 26 years
Homeownership Rate
64.5%

Complete Housing Data

Home Values

Census Median Value$226,800
Zillow Home Value (ZHVI)$312,776
Median Sale Price$314,500
Median List Price$339,000
Price Per Sq Ft$186

Rent

Census Median Rent$933
Zillow Rent (ZORI)$1,507
FMR Studio$700
FMR 1-Bedroom$751
FMR 2-Bedroom$944
FMR 3-Bedroom$1,239
FMR 4-Bedroom$1,406

Market

Days on Market116
Sale-to-List Ratio1.0%
Price Drops21.1%
Homes Sold26
Active Inventory71
Price Per Sq Ft$186

Ownership & Stock

Owner-Occupied64.5%
Renter-Occupied35.5%
Homeownership Rate64.5%
Total Housing Units2,855
Median Year Built2000
Rent Burden26.5%