Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 201, 83 total housing units (homes and apartments), and a median house value of $165,001, house prices in Arkdale are solidly below the national average.
Single-family detached homes are the single most common housing type in Arkdale, accounting for 66.10% of the town's housing units. Other types of housing that are prevalent in Arkdale include mobile homes or trailers ( 33.90%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Arkdale. Owner-occupied housing accounts for 97.59% of Arkdale's homes, and 67.80% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Arkdale built from 1970 to 1999 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 Arkdale built between 2000 and later ( 22.60%). A lesser amount of the housing stock also hails from between 1940-1969 ( 19.21%).
A decent proportion of the Arkdale housing stock is seasonally occupied. That is, homes and condos in Arkdale are occupied by people for a portion of the year - mainly for vacation purposes - and then locked up and left unoccupied for the remainder of the year as owners return to their primary residences. This characteristic of the Arkdale housing market speaks to its popularity as a vacation location of choice.
Appreciation rates for homes in Arkdale have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 81.97%, which ranks in the top 50% nationwide. This equates to an annual average Arkdale house appreciation rate of 6.17%.
Appreciation rates are so strong in Arkdale that despite a nationwide downturn in the housing market, Arkdale real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Arkdale appreciation rates continue to be some of the highest in America, at 7.75%, which is higher than appreciation rates in 83.07% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Arkdale. Arkdale appreciation rates in the latest quarter were at 2.60%, which equates to an annual appreciation rate of 10.82%.
Importantly, this makes Arkdale one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to Wisconsin, our data show that Arkdale's latest annual appreciation rate is higher than 50% of the other cities and towns in Wisconsin.
$165,001
for Wisconsin
for nation
83
$976 / per month