Ashdown, AR
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Ashdown, AR Real Estate Data


Ashdown Housing Market Information

With a population of 4,479, 1,890 total housing units (homes and apartments), and a median house value of $77,049, house prices in Ashdown are solidly below the national average.

Single-family detached homes are the single most common housing type in Ashdown, accounting for 70.58% of the city's housing units. Other types of housing that are prevalent in Ashdown include large apartment complexes or high rise apartments ( 14.02%), duplexes, homes converted to apartments or other small apartment buildings ( 8.57%), and a few mobile homes or trailers ( 6.00%).

The most prevalent building size and type in Ashdown are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 61.87% owning and 38.13% renting.

There is a lot of housing in Ashdown 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 Ashdown built between 1940-1969 ( 28.14%). A lesser amount of the housing stock also hails from between 2000 and later ( 7.24%). There's also some housing in Ashdown built before 1939 ( 4.72%).

Vacant housing appears to be an issue in Ashdown. Fully 13.38% of the housing stock is classified as vacant. Left unchecked, vacant Ashdown homes and apartments can be a drag on the real estate market, holding Ashdown 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.

Ashdown Home Appreciation Rates

Appreciation rates for homes in Ashdown have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 4.82%, which ranks in the top 50% nationwide. This equates to an annual average Ashdown house appreciation rate of 0.47%.

Over the last year, Ashdown appreciation rates have trailed the rest of the nation. In the last twelve months, Ashdown's appreciation rate has been 1.84%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Ashdown were at -0.45%, which equates to an annual appreciation rate of -1.77%.

Notably, Ashdown's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Arkansas, our data show that Ashdown's latest annual appreciation rate is lower than 50% of the other cities and towns in Arkansas.

Average Home Values

 

Median Home Value:
$77,049

Ashdown, AR HOME PRICES

Value Range
> $1,030,000 0.0
$772,001 - $1,030,000 0.0
$515,001 - $772,000 0.0
$412,001 - $515,000 0.2
$309,001 - $412,000 0.8
$206,001 - $309,000 5.1
$103,001 - $206,000 28.0
$51,001 - $103,000 36.4
$0 - $51,000 29.0

Low for AR
Very Low for Nation

Value Relative to Nation Value Relative to State
92.066096331888 71.830985915493

Number Of Homes And Apartments:
1,890

Rent & Ownership

 

Average Market Rent:
$657 / per month

Homeownership Rate

Homeownership
Owners 61.87
Renters 38.13
Vacant 13.38

Housing Market Details

 

Age of Homes

AGE OF Ashdown HOMES
2000 or Newer 7.2
1970 - 1999 59.9
1940 - 1969 28.1
1939 or Older 4.7

Types of Homes

TYPE OF Ashdown HOMES
Single-Family 70.6
Townhomes 0.8
Small Apt. Buildings 8.6
Apt. Complexes 14.0
Mobile Homes 6.0
Other 0.0

Home Size

SIZE OF Ashdown HOMES
No Bedroom 2.15
1 Bedroom 10.04
2 Bedrooms 19.48
3 Bedrooms 57.56
4 Bedrooms 10.77
5 or more bedrooms 0.00

Ashdown Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
AR*
Compared To
America*
Latest Quarter:
2016 Q3 - 2016 Q4
Last 12 Months:
2015 Q4 - 2016 Q4
Last 2 Years:
2014 Q4 - 2016 Q4
Last 5 Years:
2011 Q4 - 2016 Q4
Last 10 Years:
2006 Q4 - 2016 Q4
Since 2000:
2000 Q1 - 2016 Q4
39.43% 1.95% 6 5
* 10 is highest

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