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Over the past ten years, Pea Ridge has transformed from a small-town secret to one of Northwest Arkansas’ most promising real estate markets. This growth is more than just anecdotal—it’s backed by a decade of compelling real estate data showing substantial gains in value, demand, and development. Let’s take a closer look at the numbers behind the boom.
Here’s a snapshot of how Pea Ridge has changed from July 2015 to July 2025:
In July 2015, the median sales price for homes in Pea Ridge was $130,000. Fast forward to July 2025, and that number has nearly tripled to $350,000, representing a 169% increase in just a decade. This surge in home value is a clear indicator of growing buyer interest, increased development, and improved community amenities that continue to attract families and investors alike.
The average price per square foot tells a similar story. In 2015, homes sold for an average of $98 per square foot. By 2025, that figure more than doubled to $202 per square foot, a 106% increase. This rise reflects not only appreciation in home prices but also enhancements in the quality of homes being built and sold in the area.
Another striking figure is the growth in new listings. In July 2015, only 17 new listings hit the market. By July 2025, that number had jumped to 79 new listings, marking a 365% increase. This uptick signals a major increase in housing development to meet surging demand, and developers are clearly responding.
Even the average list price has seen explosive growth—from just under $123,000 in 2015 to over $436,000 in July 2025. While the list-to-sale price ratio remains strong (97.66% in 2015 and 99.03% in 2025), the days on market have shifted dramatically. In 2015, homes were selling in as little as 21 days, signaling a red-hot seller’s market at the time. In 2025, the average is 109 days, which, while longer, reflects a more stabilized, balanced market as inventory and pricing have matured.
These numbers are more than market trends—they represent Pea Ridge’s evolution into a thriving, highly desirable place to live and invest. With its small-town charm, top-rated schools, and easy access to the broader NWA corridor, Pea Ridge offers both value and opportunity.
Looking ahead, Pea Ridge is gearing up for both residential and civic expansion. The continuing upward momentum has several exciting developments on the horizon:
- Residential Growth: ~20 acres along East Pickens Road have been rezoned for medium-density housing, making way for hundreds of new homes.
- Retail Expansion: New projects include:
- A Casey’s convenience store
- A new retail strip north of Slack Street
- Pea Ridge Commons Phase 3, possibly featuring Jiffy Lube, office spaces, and a sit-down restaurant
- Community Infrastructure:
- The city and school district acquired 55 acres for a future park and a third fire station.
- Fire Station #2 is in the planning stages to improve emergency response.
- A police department needs analysis is underway to prepare for future growth.
These developments reflect Pea Ridge’s commitment to thoughtful expansion while maintaining its small-town charm.
In fact, our team at Coldwell Banker Harris McHaney & Faucette features Pea Ridge on our Growing Towns webpage—an initiative highlighting emerging communities across Northwest Arkansas that are seeing substantial development and long-term investment. Pea Ridge continues to stand out not only for its growth metrics but also for its strong sense of community and quality of life.
Whether you’re considering buying, selling, or investing in Pea Ridge, the team at Coldwell Banker Harris McHaney & Faucette is here to help you navigate one of the most exciting real estate markets in Northwest Arkansas.
Ready to explore the opportunities in Pea Ridge? Contact Coldwell Banker Harris McHaney & Faucette today to connect with a local expert who can help you find your perfect home, sell with confidence, or make a smart investment in one of NWA’s fastest-growing communities.
