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Advertise here →Prairie Grove, AR · Market Data
Prairie Grove, Arkansas real estate market data.
Real estate market data for Prairie Grove, AR (Washington County) — Census median home value $226,800, county listing prices up about 3.2% over the past year.
Prairie Grove, AR is in Washington County, Arkansas — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 7,445, with a median household income of $58,556. Census data puts Prairie Grove's median home value at $226,800.
At a glance
Prairie Grove market snapshot
Population
7,445
Median Household Income
$58,556
Median Home Value (city)
$226,800
Median Gross Rent
$933/mo
Price Trend (YoY)
+3.2%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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Advertise here →Why Prairie Grove
What makes Prairie Grove different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Prairie Grove's median home value — across all owner-occupied homes, not just recent sales — at $226,800.
County Price Trend
Washington County's FHFA house price index shows a 3.17% annual change in 2025.
Population & Income
Prairie Grove has an estimated population of 7,445 and a median household income of $58,556, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Prairie Grove's Census-reported median home value works out to about 3.9x the area's median household income, and median gross rent runs roughly 19% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Prairie Grove FAQ
What are home values like in Prairie Grove, AR?
The Census Bureau's American Community Survey puts Prairie Grove's median home value at $226,800.
What is the population of Prairie Grove, AR?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Prairie Grove's population at approximately 7,445.
What's the median rent in Prairie Grove, AR?
The Census ACS estimates median gross rent in Prairie Grove at approximately $933 per month.
What is the median household income in Prairie Grove, AR?
Census ACS data puts the median household income in Prairie Grove at approximately $58,556.
Is the Prairie Grove housing market growing?
Washington County's FHFA house price index shows a 3.17% annual change in 2025.
Is Prairie Grove, AR affordable relative to income?
Census ACS data puts Prairie Grove's median home value at about 3.9 times the median household income, with median gross rent equal to roughly 19% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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