Rogers appreciation rates and housing market information

Rogers housing market information

With a population of 38,761, 14,887 total housing units (homes and apartments), and a median house value of $159,548, Rogers real estate is some of the most expensive in Arkansas, although Rogers home values aren't among America's most expensive.

single-family detached homes are the single most common housing type in Rogers, accounting for 69.49% of the city's housing units. Other types of housing that are prevalent in Rogers include duplexes, homes converted to apartments, or other small apartment buildings (11.92%), large apartment complexes or high rise apartments (10.41%), row houses and other attached homes (4.95%), and a few mobile homes or trailers (3.22%).

The most prevalent building size and type in Rogers are three and four bedroom single-family detached homes. The city has a mixture of owners and renters, with 59.49% owning, and 34.85% renting.

There is a lot of housing in Rogers built from 1970-1994, so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Rogers built from 1995 and later (16.90%). A lesser amount of the housing stock also hails from 1940-1969 (15.82%), and some were built from 1939 and earlier (15.82%).

Rogers home appreciation rates

Real estate appreciation rates in Rogers have tracked to near the national average over the last ten years, with the annual appreciation rate averaging 6.31% during the period.

Over the last year, Rogers appreciation rates have trailed the rest of the nation. In the last twelve months, Rogers's appreciation rate has been -1.93%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Rogers were at 0.03%, which equates to an annual appreciation rate of 0.12%.

Relative to Arkansas, our data show that Rogers's latest annual appreciation rate is higher than 4% of the other cities and towns in Arkansas.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Rogers differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Rogers - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 1990, to assist you in making the best Rogers real estate investment or home purchase decisions.