Ashdown AR
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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Ashdown, 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 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

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

Ashdown Housing Market Information

With 4,406 people, 1,925 houses or apartments, and a median cost of homes of $74,762, house prices in Ashdown are some of the most affordable in Arkansas as well as the nation.

Single-family detached homes are the single most common housing type in Ashdown, accounting for 61.96% of the city's housing units. Other types of housing that are prevalent in Ashdown include mobile homes or trailers ( 15.88%), duplexes, homes converted to apartments or other small apartment buildings ( 11.36%), and a few large apartment complexes or high rise apartments ( 10.80%).

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 51.48% owning and 48.52% 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 ( 35.38%). A lesser amount of the housing stock also hails from between 2000 and later ( 8.99%). There's also some housing in Ashdown built before 1939 ( 4.00%).

Vacant housing appears to be an issue in Ashdown. Fully 10.38% 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

Some of the lowest real estate appreciation rates in America over the last ten years have been in Ashdown, where house values have increased just 4.57%, which is annualized rate of 0.45%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.

NeighborhoodScout's data show that during the latest twelve months, Ashdown's appreciation rate, at 5.12%, has been at or slightly above the national average. In the latest quarter, Ashdown's appreciation rate has been -1.38%, which annualizes to a rate of -5.39%.

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 higher than 80% of the other cities and towns in Arkansas.

Average Home Values

 

Median Home Value:
$74,762

Ashdown, AR HOME PRICES

Value Range
> $1,021,000 0.6
$766,001 - $1,021,000 0.5
$511,001 - $766,000 0.0
$408,001 - $511,000 0.2
$306,001 - $408,000 0.2
$204,001 - $306,000 4.7
$102,001 - $204,000 25.5
$51,001 - $102,000 36.8
$0 - $51,000 31.6

Very Low for AR
Very Low for Nation

Value Relative to Nation Value Relative to State
96.0467153284672 84.2105263157895

Number Of Homes And Apartments:
1,925

Ashdown Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
AR*
Compared To
America*
Latest Quarter:
2020 Q1 - 2020 Q2
Last 12 Months:
2019 Q2 - 2020 Q2
Last 2 Years:
2018 Q2 - 2020 Q2
Last 5 Years:
2015 Q2 - 2020 Q2
Last 10 Years:
2010 Q2 - 2020 Q2
Since 2000:
2000 Q1 - 2020 Q2
39.05% 1.62%
3
2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$744 / per month

Homeownership Rate

Homeownership
Owners 51.48
Renters 48.52
Vacant 10.38

Housing Market Details

 

Age of Homes

AGE OF Ashdown HOMES
2000 or Newer 9.0
1970 - 1999 51.6
1940 - 1969 35.4
1939 or Older 4.0

Types of Homes

TYPE OF Ashdown HOMES
Single-Family 62.0
Townhomes 0.0
Small Apt. Buildings 11.4
Apt. Complexes 10.8
Mobile Homes 15.9
Other 0.0

Home Size

SIZE OF Ashdown HOMES
No Bedroom 0.00
1 Bedroom 7.77
2 Bedrooms 38.45
3 Bedrooms 43.67
4 Bedrooms 8.85
5 or more bedrooms 1.26

Popular Neighborhoods in Ashdown

Popular Communities Near Ashdown, AR

Zip Codes in Ashdown, AR