Batesville, AR Real Estate Market

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 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Batesville, AR Housing Market Trends

With 10,878 people, 3,985 houses or apartments, and a median cost of homes of $133,021, house prices in Batesville are solidly below the national average.

Single-family detached homes are the single most common housing type in Batesville, accounting for 77.86% of the city's housing units. Other types of housing that are prevalent in Batesville include large apartment complexes or high rise apartments ( 12.42%), duplexes, homes converted to apartments or other small apartment buildings ( 9.20%).

The most prevalent building size and type in Batesville are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 54.78% owning and 45.22% renting.

There is a lot of housing in Batesville 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 Batesville built between 1940-1969 ( 27.01%). A lesser amount of the housing stock also hails from between 2000 and later ( 14.03%). There's also some housing in Batesville built before 1939 ( 7.84%).

Batesville Home Appreciation Rates

Batesville's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Batesville during the period has been just 1.99%, which is lower than 80% of US communities.

Over the last year, Batesville appreciation rates have trailed the rest of the nation. In the last twelve months, Batesville's appreciation rate has been 5.42%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Batesville were at 1.45%, which equates to an annual appreciation rate of 5.95%.

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

Relative to Arkansas, our data show that Batesville's latest annual appreciation rate is lower than 90% of the other cities and towns in Arkansas.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Batesville differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Batesville - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Batesville real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$133,021

Batesville, AR HOME PRICES

> $1,136,000
0.0%
0.0%
$852,001 - $1,136,000
0.6%
0.6%
$568,001 - $852,000
0.6%
0.6%
$454,001 - $568,000
0.0%
0.0%
$341,001 - $454,000
2.9%
2.9%
$227,001 - $341,000
14.9%
14.9%
$114,001 - $227,000
32.5%
32.5%
$57,001 - $114,000
35.0%
35.0%
$0 - $57,000
13.6%
13.6%
0.0% 100.0%
% OF HOMES
Value Relative To State

Low for Nation

High for AR

Value Relative To Nation

Number Of Homes And Apartments:
3,985

Batesville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
AR*
Compared To
America*
Latest Quarter:
2021 Q1 - 2021 Q2
Last 12 Months:
2020 Q2 - 2021 Q2
Last 2 Years:
2019 Q2 - 2021 Q2
Last 5 Years:
2016 Q2 - 2021 Q2
Last 10 Years:
2011 Q2 - 2021 Q2
Since 2000:
2000 Q1 - 2021 Q2
60.29% 2.22%
4
3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$873 / per month

Homeownership Rate

Owners
54.8%
54.8%
Renters
45.2%
45.2%
Vacant
9.7%
9.7%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
14.0%
14.0%
1970 - 1999
51.1%
51.1%
1940 - 1969
27.0%
27.0%
1939 or Older
7.8%
7.8%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
77.9%
77.9%
Townhomes
0.3%
0.3%
Small Apt. Buildings
9.2%
9.2%
Apt. Complexes
12.4%
12.4%
Mobile Homes
0.2%
0.2%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
3.2%
3.2%
1 Bedroom
11.2%
11.2%
2 Bedrooms
26.6%
26.6%
3 Bedrooms
43.8%
43.8%
4 Bedrooms
11.9%
11.9%
5 or more bedrooms
3.2%
3.2%
0.0% 100.0%
% OF HOMES