Austin, AR
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Austin Neighborhoods Since 2000




Austin, 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

Austin Housing Market Information

With 3,383 people, 970 houses or apartments, and a median cost of homes of $166,029, Austin real estate is some of the most expensive in Arkansas, although Austin home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Austin, accounting for 88.97% of the city's housing units. Other types of housing that are prevalent in Austin include mobile homes or trailers ( 6.50%), duplexes, homes converted to apartments or other small apartment buildings ( 3.02%), and a few row houses and other attached homes ( 1.51%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Austin. Owner-occupied housing accounts for 84.85% of Austin's homes, and 91.99% have either three or four bedrooms, which is average sized relative to America.

Austin homes and real estate are some of the newest in America. 74.46% of Austin's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Austin real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 21.58%), and between 1940-1969 ( 3.49%).

Austin Home Appreciation Rates

Appreciation rates for homes in Austin have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 2.97%, which ranks in the top 50% nationwide. This equates to an annual average Austin house appreciation rate of 0.29%.

Over the last year, Austin appreciation rates have trailed the rest of the nation. In the last twelve months, Austin's appreciation rate has been 2.66%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Austin were at 2.34%, which equates to an annual appreciation rate of 9.69%.

Relative to Arkansas, our data show that Austin's latest annual appreciation rate is higher than 60% of the other cities and towns in Arkansas.

Average Home Values

 

Median Home Value:
$166,029

Austin, AR HOME PRICES

Value Range
> $1,056,000 0.0
$792,001 - $1,056,000 0.0
$528,001 - $792,000 0.7
$422,001 - $528,000 1.6
$316,001 - $422,000 5.5
$211,001 - $316,000 19.7
$105,001 - $211,000 53.6
$53,001 - $105,000 12.3
$0 - $53,000 6.7

Very High for AR
Average for Nation

Value Relative to Nation Value Relative to State
44.6806019087769 8.09859154929578

Number Of Homes And Apartments:
970

Austin 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
29.55% 1.49% 3 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,104 / per month

Homeownership Rate

Homeownership
Owners 84.85
Renters 15.15
Vacant 8.58

Housing Market Details

 

Age of Homes

AGE OF Austin HOMES
2000 or Newer 74.5
1970 - 1999 21.6
1940 - 1969 3.5
1939 or Older 0.5

Types of Homes

TYPE OF Austin HOMES
Single-Family 89.0
Townhomes 1.5
Small Apt. Buildings 3.0
Apt. Complexes 0.0
Mobile Homes 6.5
Other 0.0

Home Size

SIZE OF Austin HOMES
No Bedroom 0.00
1 Bedroom 0.00
2 Bedrooms 7.63
3 Bedrooms 69.37
4 Bedrooms 22.62
5 or more bedrooms 0.38

Popular Neighborhoods in Austin

Zip Codes in Austin, AR