Home prices
The median home cost in Pea Ridge is $133,400. This is roughly $58,940 (30%) lower compared to its surrounding areas.It is roughly $84,100 (38%) lower compared to the entire nation, and in comparison to the city of Springfield it is about $15,300 (12%) higher.
Rents
The median rent in Pea Ridge is $1,029 per month. In comparison to nearby areas it is about $209 (25%) higher.In comparison to the rest of the country it is about $33 (3%) lower, and it is about $285 (38%) higher compared to the city of Springfield.
Nearby places
Little Flock
Little Flock is Pea Ridge's neighbor to the south. The real estate prices there are a lot more expensive. The median home in Little Flock costs $250,300, which comes out to $116,900 (46%) higher than Pea Ridge. Rent there is a lot less expensive. The median rent in Little Flock is $632 a month, which is $397 (62%) lower than Pea Ridge.
Bella Vista
Bella Vista is Pea Ridge's neighbor to the west. The housing prices there are somewhat more expensive. The median home in Bella Vista is valued at $168,000, which works out to $34,600 (20%) higher than Pea Ridge. Rents there are somewhat less expensive. Bella Vista's median rent is $942 per month, which is $87 (9%) lower than Pea Ridge.
Avoca
Avoca is about 4 miles southeast of Pea Ridge. Its real estate prices are similar. The median home in Avoca is valued at $128,900, which is $4,500 (3%) lower than Pea Ridge. Rent there is a bit less expensive. The median rent in Avoca is $869 per month, which works out to $160 (18%) lower than Pea Ridge.
Garfield
Garfield is about 7 miles east from Pea Ridge. The real estate prices there are somewhat more expensive. The price of the median home in Garfield is $191,700, which works out to $58,300 (30%) higher than Pea Ridge. Rents there are a little less expensive. In Garfield the median rent is $788 per month, which works out to $241 (30%) lower than Pea Ridge.
Prairie Creek
Prairie Creek is roughly 8 miles south from Pea Ridge. The real estate prices there are significantly more expensive. The median home in Prairie Creek costs $222,800, which comes out to $89,400 (40%) higher than Pea Ridge. Rents there are a little less expensive. Prairie Creek's median rent is $867 a month, which is $162 (18%) lower than Pea Ridge.