Springdale appreciation rates and housing market information

Springdale housing market information

With 46,060 people, 17,033 houses or apartments, and a median cost of homes of $151,420, Springdale real estate is some of the most expensive in Arkansas, although Springdale home values aren't among America's most expensive.

single-family detached homes are the single most common housing type in Springdale, accounting for 66.61% of the city's housing units. Other types of housing that are prevalent in Springdale include duplexes, homes converted to apartments, or other small apartment buildings (14.06%), large apartment complexes or high rise apartments (10.87%), mobile homes or trailers (4.74%), and a few row houses and other attached homes (3.33%).

The most prevalent building size and type in Springdale are three and four bedroom single-family detached homes. The city has a mixture of owners and renters, with 57.65% owning, and 37.56% renting.

There is a lot of housing in Springdale 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 Springdale built from 1940-1969 (25.80%). A lesser amount of the housing stock also hails from 1995 and later (19.44%), and some were built from 1939 and earlier (19.44%).

Springdale home appreciation rates

Real estate appreciation rates in Springdale have tracked to near the national average over the last ten years, with the annual appreciation rate averaging 6.51% during the period.

Over the last year, Springdale appreciation rates have trailed the rest of the nation. In the last twelve months, Springdale's appreciation rate has been -1.73%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Springdale were at 0.08%, which equates to an annual appreciation rate of 0.32%.

Relative to Arkansas, our data show that Springdale's latest annual appreciation rate is higher than 5% 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 Springdale differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Springdale - 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 Springdale real estate investment or home purchase decisions.