The housing median value in 72753 Prairie Grove, AR is $262,100 which is significantly lower than the US Housing Median Value of $338,100. However, the appreciation rate for homes in Prairie Grove over the last year was 16.21%, much higher than the US House Appreciation rate of 8.27%. This indicates that the housing market in Prairie Grove is booming and has experienced strong growth over this period.
The median home cost in Prairie Grove (zip 72753) is $262,100. Home appreciation the last 10 years has been 124.7%. Home Appreciation in Prairie Grove (zip 72753) is up 23.4%.
Average Age of Homes
- The median age of Prairie Grove (zip 72753) real estate is 28 years old
The Rental Market in Prairie Grove (zip 72753)
- Renters make up 17.3% of the Prairie Grove (zip 72753) population
- 1.5% of houses and apartments in Prairie Grove (zip 72753), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.