Pea Ridge, AL—36426
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pea Ridge, AL
Pea Ridge, AL lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $132,000 | -4.9% |
| Single Family | $132,000 | -4.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $170,000 | 0.0% |
4 Bed | $241,000 | 1.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Pea Ridge, AL
As of July '25, Rentcast reports the average rent in Pea Ridge, AL is $1,200, with a year-over-year rent change of -7.7%. Per bedroom, the median rent as of July '25 in Pea Ridge, AL is 3-bedrooms: $1,200. The most common rental property sizes in Pea Ridge, AL are 2-bedroom and 3-bedroom, accounting for 48.1% and 38.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,200 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,200 | $1,200 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Pea Ridge, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Pea Ridge, AL is 57. This is a increase of 23.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 13.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $196,000 | -12.0% |
Listing Count | 46 | 49.0% |
| Listings as % of Homes | 0.4% | 49.0% |
Days on Market | 57 | 23.0% |
Demographics — Pea Ridge, AL
As of the latest ACS Survey released in 2023, Pea Ridge, AL has a population of 16,000, which has increased by 4.9% over the past 5 years. Pea Ridge, AL is a popular place for families, as children make up 25.1% of the population. The area has a poorly educated workforce, with 16.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 16,000 | 4.9% |
% Under 18 | 25.1% | 17.3% |
% Seniors | 17.2% | -14.0% |
% WFH | 2.6% | 188.9% |
% w/ College Degree | 16.4% | 5.1% |
As of the latest ACS Survey released in 2023, Pea Ridge, AL is a predominantly white area, with 69.0% of the population identifying as white. The white population has grown by 2.7% in the last 5 years. The second most common race or ethnicity in Pea Ridge, AL is black, making up 22.2% of the population. Foreign-born residents account for 0.5% of the population in Pea Ridge, AL, and this percentage has decreased by 64.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 69.0% | 2.7% |
% Black | 22.2% | -17.2% |
% Hispanic | 3.5% | -2.8% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.5% | -64.3% |
Mortgage and Risk — Pea Ridge, AL
According to HUD data as of 2023, there were 181 mortgage originations in Pea Ridge, AL, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Pea Ridge, AL. Investor activity is low, as 4.0% of loans were by investors. 23.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 181 |
% Conventional Loans | 67.0% |
% Government Loans | 33.0% |
% Investor Loans | 4.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 23.0% |
Loan Activity
Rentals and Section 8 — Pea Ridge, AL
Pea Ridge, AL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 178 |
Total Units Section 8 | 51 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 94.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $650 |
| 2 Bedroom | N/A | N/A | $780 |
| 3 Bedroom | -$110 | $1,200 | $1,090 |
| 4 Bedroom | N/A | N/A | $1,160 |
Affordability — Pea Ridge, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $132,000 |
| Median Household Income | $50,100 |