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Fixer Upper Homes in Prairie Grove, AR

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27 E-applehill-rd-Prairie-grove-AR-72753
Fixer Upper
$325,000 List Price

E Applehill Rd
Prairie Grove, AR 72753

5 Bed | 2 Bath

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Home Value Estimator For Prairie Grove, AR

There are currently 2,747 real estate properties in Prairie Grove, AR, with a median automated valuation model (AVM) price of $191,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Prairie Grove, AR, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Prairie Grove, AR, is $205,167.00, with the most expensive house in Prairie Grove, AR, topping out at $1,901,200.00 and the cheapest home in Prairie Grove, AR, clocking in at $39,700.00. In other words, there’s something for every potential homebuyer or savvy investor in Prairie Grove, AR!


Rent Prices In Prairie Grove, AR

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Prairie Grove, AR, is on a rollercoaster ride. The average rent price in Prairie Grove, AR, is $1,129.00. Indeed, when looking to rent in Prairie Grove, AR, you can expect to pay as little as $540.00 or as much as $2,610.00, with the average rent median estimated to be $1,110.00. The good news is that finding an affordable and desirable property to rent in Prairie Grove, AR -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Foreclosure Homes in Prairie Grove, AR

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Prairie Grove, AR area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Prairie Grove, AR and much more. Save thousands at closing with home foreclosure listings in Prairie Grove, AR — up to 75% off market value!


Top Reasons To Live In Prairie Grove, AR In 2021

Prairie Grove is located in Washington, Arkansas, with an estimated municipal population of 6,740 residents. All of the best foreclosed homes for sale in Prairie Grove are located in the following zip code areas on Foreclosure.com: 72753 72730. The estimated population per square kilometer (.62 miles) in Prairie Grove is 280.


Cost Of Living In Prairie Grove, AR

So, about how much do homes cost in Prairie Grove? The most recent median value of resident-owned homes in Prairie Grove is 151,702. An estimated 68.1 percent of households in Prairie Grove own their homes, with an average family size of 3.2. The median household income in Prairie Grove is 62,807, with19.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Prairie Grove, the median commute time of resident workers (in minutes) is 24.8. And last, but certainly not least, are you looking for homes to rent in Prairie Grove? If so, the average rent price paid by renters in Prairie Grove is 751, according to recent statistics.


Diversity And Demographics In Prairie Grove, Arkansas

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Prairie Grove, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Prairie Grove is 37.7, split between 48.2 percent male versus 51.8 female. The percentage of residents who report being married in Prairie Grove is 60.8, with an average family size of 3.2.

The percentage of residents who report their race in Prairie Grove is as follows:

White 94.1%
Black / African American 1.3%
Asian 0.5%
American Indian / Alaskan Native 2%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.7%
Other 0.4%

Looking for family-friendly neighborhoods in and/or near Prairie Grove? Or maybe you are searching for 55+ active adult communities in and/or near Prairie Grove?

The percentage of residents who report their age in Prairie Grove is as follows:

Under 10 12.3%
Aged 10-19 16.3%
20s 12.5%
30s 11.3%
40s 14.7%
50s 12.6%
60s 10.7%
70s 7.2%
80+ 2.5%

Best Schools In Prairie Grove, Arkansas

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Prairie Grove with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Prairie Grove.


Pros And Cons Of Living In Prairie Grove, Arkansas

How do you know that living in -- or moving to -- Prairie Grove is right where you need to be? Perhaps you grew up in Prairie Grove or already live nearby; therefore, the decision to buy a home in Prairie Grove is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Prairie Grove for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Prairie Grove:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Prairie Grove.


Reasons To Move To Prairie Grove, Arkansas, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Prairie Grove can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Prairie Grove, meanwhile, can field multiple offers from more qualified buyers.

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Listing types in Prairie Grove, AR

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