Ashdown, AR
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Ashdown Neighborhoods Since 2000




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 Q1 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

Ashdown Housing Market Information

With a population of 4,479, 1,890 total housing units (homes and apartments), and a median house value of $79,136, 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 7.49%, which ranks in the top 40% nationwide. This equates to an annual average Ashdown house appreciation rate of 0.72%.

NeighborhoodScout's data show that during the latest twelve months, Ashdown's appreciation rate, at 4.13%, has been at or slightly above the national average. In the latest quarter, Ashdown's appreciation rate has been 1.85%, which annualizes to a rate of 7.59%.

Importantly, this makes Ashdown one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Arkansas, our data show that Ashdown's latest annual appreciation rate is higher than 70% of the other cities and towns in Arkansas.

Average Home Values

 

Median Home Value:
$79,136

Ashdown, AR HOME PRICES

Value Range
> $1,058,000 0.4
$793,001 - $1,058,000 0.0
$529,001 - $793,000 0.0
$423,001 - $529,000 0.2
$317,001 - $423,000 0.8
$212,001 - $317,000 5.1
$106,001 - $212,000 28.0
$53,001 - $106,000 36.4
$0 - $53,000 29.0

Low for AR
Very Low for Nation

Value Relative to Nation Value Relative to State
91.0348060471112 66.9014084507042

Number Of Homes And Apartments:
1,890

Ashdown Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
AR*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
43.57% 2.12% 7 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$691 / 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

Popular Neighborhoods in Ashdown

Popular Communities Near Ashdown, AR

Zip Codes in Ashdown, AR