Much like its surrounding areas, it's a bit less expensive compared to the nation as a whole. Compared to the city of Fayetteville, it's a bit less expensive.
Home prices
The median home in Prairie Grove costs $152,700. Compared to nearby areas it is approximately $5,040 (3%) higher.It is roughly $64,800 (29%) lower compared to the US as a whole, and is approximately $54,900 (26%) lower compared to the city of Fayetteville.
Rents
Prairie Grove's median monthly rent is $751. In comparison to other places in this area it is about $109 (12%) lower.In comparison to the United States as a whole it is about $311 (29%) lower, and it is about $48 (6%) lower in comparison to the city of Fayetteville.
Nearby places
Farmington
Farmington is Prairie Grove's neighbor to the northeast. The housing prices there are a little more expensive. The median home in Farmington costs $176,600, which is $23,900 (13%) higher than Prairie Grove. Rent there is a little more expensive. In Farmington the median rent is $939 a month, which comes out to $188 (20%) higher than Prairie Grove.
Greenland
Greenland is roughly 5 miles east of Prairie Grove. Its housing prices are pretty similar. The median home in Greenland is valued at $153,600, which is very similar to Prairie Grove. The rent there is a little more expensive. The median monthly rent in Greenland is $875, which comes out to $124 (14%) higher than Prairie Grove.
Lincoln
Lincoln is roughly 6 miles southwest of Prairie Grove. Its real estate prices are significantly less expensive. The median home in Lincoln costs $103,600, which is $49,100 (47%) lower than Prairie Grove. Rents there are fairly similar. The median monthly rent in Lincoln is $781, which works out to $30 (3%) higher than Prairie Grove.
West Fork
West Fork is approximately 7 miles southeast from Prairie Grove. Its housing prices are somewhat less expensive. The price of the median home in West Fork is $135,800, which comes out to $16,900 (12%) lower than Prairie Grove. Rents there are a little more expensive. The median monthly rent in West Fork is $800, which works out to $49 (6%) higher than Prairie Grove.
Johnson
Johnson is about 12 miles northeast from Prairie Grove. The real estate prices there are a bit more expensive. Johnson's median home price is $168,700, which comes out to $16,000 (9%) higher than Prairie Grove. The rent there is a little more expensive. The median monthly rent in Johnson is $903, which works out to $152 (16%) higher than Prairie Grove.
