Despite a 200.0% jump in sales numbers this week to reach three homes sold over the last 30 days, the Prairie Grove market still shows a new trend downward overall. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks. The median sales price dropped to $390,000 over the latest reporting period for Prairie Grove, down from $450,000. Even after the uptick in sales, an elevated 11 months of inventory tells us that Prairie Grove is still a strong buyer's market.
Trying to find a home at a bargain price? Take a look at these affordable homes in Prairie Grove: