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These days, finding an affordable place to live in the Pea Ridge area can be challenging. Home prices in Pea Ridge are now at a median cost of $221,555, lower than the North Carolina average of $323,314.
The average cost of rent is $608/mo in Pea Ridge, primarily driven by the current value of real estate in the Pea Ridge area. In Pea Ridge, 32.40% of households rent, and 52.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Pea Ridge is $4,370 per month. Households that rent pay about 13.91% of their income on rent here. Pea Ridge’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Green Hill, NC: higher priced homes
- Mill Spring, NC: higher priced homes
- Rutherfordton, NC: higher priced homes
- Sunny View, NC: higher priced homes
- Ruth, NC: higher priced homes
- Shingle Hollow, NC: less expensive homes
- Columbus, NC: higher priced homes
- Lake Lure, NC: higher priced homes
- Spindale, NC: less expensive homes
- Tryon, NC: higher priced homes
Cities with Similar Populations
- Sherwood, TX: equally priced homes
- Kansas Settlement, AZ: higher priced homes
- Kearsarge, PA: equally priced homes
- Keeter, TX: higher priced homes
- Kingston, LA: higher priced homes
- Kitts Hummock, DE: equally priced homes
- Kramer, IN: less expensive homes
- Krok, WI: equally priced homes
- Lake Pleasant, NY: higher priced homes
- Sheldon, SC: higher priced homes
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