Arkadelphia, AR
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Arkadelphia, AR Real Estate Data

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Arkadelphia Housing Market Information

With 10,745 people, 3,738 houses or apartments, and a median cost of homes of $99,929, house prices in Arkadelphia are solidly below the national average.

Single-family detached homes are the single most common housing type in Arkadelphia, accounting for 58.97% of the city's housing units. Other types of housing that are prevalent in Arkadelphia include large apartment complexes or high rise apartments ( 26.87%), mobile homes or trailers ( 7.07%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.33%).

Renters dominate Arkadelphia's housing market, and most live in three of four bedroom dwellings, chiefly found in single-family detached homes.

There is a lot of housing in Arkadelphia 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 Arkadelphia built between 1940-1969 ( 24.77%). A lesser amount of the housing stock also hails from between 2000 and later ( 7.99%). There's also some housing in Arkadelphia built before 1939 ( 6.10%).

Vacant housing appears to be an issue in Arkadelphia. Fully 11.65% of the housing stock is classified as vacant. Left unchecked, vacant Arkadelphia homes and apartments can be a drag on the real estate market, holding Arkadelphia real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Arkadelphia Home Appreciation Rates

Appreciation rates for homes in Arkadelphia have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 2.91%, which ranks in the top 50% nationwide. This equates to an annual average Arkadelphia house appreciation rate of 0.29%.

Over the last year, Arkadelphia appreciation rates have trailed the rest of the nation. In the last twelve months, Arkadelphia's appreciation rate has been 1.25%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Arkadelphia were at 0.58%, which equates to an annual appreciation rate of 2.33%.

Relative to Arkansas, our data show that Arkadelphia's latest annual appreciation rate is lower than 80% of the other cities and towns in Arkansas.

Average Home Values

 

Median Home Value:
$99,929

Arkadelphia, AR HOME PRICES

Value Range
> $1,036,000 0.4
$777,001 - $1,036,000 0.0
$518,001 - $777,000 0.4
$414,001 - $518,000 2.0
$311,001 - $414,000 3.9
$207,001 - $311,000 11.4
$103,001 - $207,000 34.6
$52,001 - $103,000 25.2
$0 - $52,000 22.0

Average for AR
Low for Nation

Value Relative to Nation Value Relative to State
78.5848117571286 44.1901408450704

Number Of Homes And Apartments:
3,738

Arkadelphia Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
AR*
Compared To
America*
Latest Quarter:
2017 Q1 - 2017 Q2
Last 12 Months:
2016 Q2 - 2017 Q2
Last 2 Years:
2015 Q2 - 2017 Q2
Last 5 Years:
2012 Q2 - 2017 Q2
Last 10 Years:
2007 Q2 - 2017 Q2
Since 2000:
2000 Q1 - 2017 Q2
32.52% 1.62% 4 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$776 / per month

Homeownership Rate

Homeownership
Owners 34.81
Renters 65.19
Vacant 11.65

Housing Market Details

 

Age of Homes

AGE OF Arkadelphia HOMES
2000 or Newer 8.0
1970 - 1999 61.1
1940 - 1969 24.8
1939 or Older 6.1

Types of Homes

TYPE OF Arkadelphia HOMES
Single-Family 59.0
Townhomes 0.8
Small Apt. Buildings 6.3
Apt. Complexes 26.9
Mobile Homes 7.1
Other 0.0

Home Size

SIZE OF Arkadelphia HOMES
No Bedroom 1.70
1 Bedroom 12.31
2 Bedrooms 33.56
3 Bedrooms 38.08
4 Bedrooms 11.18
5 or more bedrooms 3.17

Popular Neighborhoods in Arkadelphia

Popular Communities Near Arkadelphia, AR

Zip Codes in Arkadelphia, AR