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 Q3 2019. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2017 (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 4,406, 1,903 total housing units (homes and apartments), and a median house value of $72,583, 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 67.23% of the city's housing units. Other types of housing that are prevalent in Ashdown include duplexes, homes converted to apartments or other small apartment buildings ( 12.12%), mobile homes or trailers ( 10.10%), and a few large apartment complexes or high rise apartments ( 10.10%).

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 51.11% owning and 48.89% 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 ( 31.30%). A lesser amount of the housing stock also hails from before 1939 ( 4.27%). There's also some housing in Ashdown built between 2000 and later ( 3.63%).

Vacant housing appears to be an issue in Ashdown. Fully 12.67% 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

Homes have actually lost value in Ashdown over the last then years, as home values have seen a decline of 1.29% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Ashdown home appreciation rates at 2.84%, which equates to an annual appreciation rate of 11.83%.

NeighborhoodScout's data show that during the latest twelve months, Ashdown's appreciation rate, at 3.75%, has been at or slightly above the national average. In the latest quarter, Ashdown's appreciation rate has been 2.84%, which annualizes to a rate of 11.83%.

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 lower than 60% of the other cities and towns in Arkansas.

Average Home Values

 

Median Home Value:
$72,583

Ashdown, AR HOME PRICES

Value Range
> $1,022,000 0.5
$766,001 - $1,022,000 0.6
$511,001 - $766,000 0.0
$409,001 - $511,000 0.1
$307,001 - $409,000 0.7
$204,001 - $307,000 3.4
$102,001 - $204,000 25.7
$51,001 - $102,000 38.9
$0 - $51,000 30.0

Very Low for AR
Very Low for Nation

Value Relative to Nation Value Relative to State
96.2043795620438 84.5614035087719

Number Of Homes And Apartments:
1,903

Ashdown Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
AR*
Compared To
America*
Latest Quarter:
2019 Q2 - 2019 Q3
Last 12 Months:
2018 Q3 - 2019 Q3
Last 2 Years:
2017 Q3 - 2019 Q3
Last 5 Years:
2014 Q3 - 2019 Q3
Last 10 Years:
2009 Q3 - 2019 Q3
Since 2000:
2000 Q1 - 2019 Q3
36.70% 1.60%
2
2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$810 / per month

Homeownership Rate

Homeownership
Owners 51.11
Renters 48.89
Vacant 12.67

Housing Market Details

 

Age of Homes

AGE OF Ashdown HOMES
2000 or Newer 3.6
1970 - 1999 60.8
1940 - 1969 31.3
1939 or Older 4.3

Types of Homes

TYPE OF Ashdown HOMES
Single-Family 67.2
Townhomes 0.5
Small Apt. Buildings 12.1
Apt. Complexes 10.1
Mobile Homes 10.1
Other 0.0

Home Size

SIZE OF Ashdown HOMES
No Bedroom 0.00
1 Bedroom 8.21
2 Bedrooms 32.49
3 Bedrooms 49.38
4 Bedrooms 8.95
5 or more bedrooms 0.96

Popular Neighborhoods in Ashdown

Popular Communities Near Ashdown, AR

Zip Codes in Ashdown, AR