Yes, but PulseAudio requires loading a module, authentication, and configuration of several files. It's more versatile I'm sure but if you just want something that works quickly, using netcat to forward from /dev/dsp seems simpler on your own network not connected to the internet. Using netcat has no fault tolerance, a temporary disconnection is likely to cause it to fail, but it's an easy way to get something working quickly, and for some people that might be good enough. Netcat may run on more platforms than PulseAudio does also, especially small embedded systems.
https://www.audio-digital.net/a-pages/audio-over-netcat.html
I've tried this and it works.