Beebe, AR
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Beebe, 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

Beebe Housing Market Information

With a population of 8,106, 2,804 total housing units (homes and apartments), and a median house value of $125,173, house prices in Beebe are solidly below the national average.

Single-family detached homes are the single most common housing type in Beebe, accounting for 73.20% of the city's housing units. Other types of housing that are prevalent in Beebe include mobile homes or trailers ( 9.27%), duplexes, homes converted to apartments or other small apartment buildings ( 8.06%), and a few large apartment complexes or high rise apartments ( 8.03%).

The most prevalent building size and type in Beebe are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 49.75% owning and 50.25% renting.

There is a lot of housing in Beebe 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 Beebe built between 2000 and later ( 25.92%). A lesser amount of the housing stock also hails from between 1940-1969 ( 19.92%). There's also some housing in Beebe built before 1939 ( 1.02%).

Beebe Home Appreciation Rates

Appreciation rates for homes in Beebe have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 6.06%, which ranks in the top 40% nationwide. This equates to an annual average Beebe house appreciation rate of 0.59%.

Over the last year, Beebe appreciation rates have trailed the rest of the nation. In the last twelve months, Beebe's appreciation rate has been 2.81%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Beebe were at -1.14%, which equates to an annual appreciation rate of -4.49%.

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

Relative to Arkansas, our data show that Beebe's latest annual appreciation rate is higher than 50% of the other cities and towns in Arkansas.

Average Home Values

 

Median Home Value:
$125,173

Beebe, AR HOME PRICES

Value Range
> $1,060,000 0.9
$794,001 - $1,060,000 0.0
$530,001 - $794,000 1.8
$424,001 - $530,000 0.5
$318,001 - $424,000 5.4
$212,001 - $318,000 10.0
$106,001 - $212,000 37.6
$53,001 - $106,000 31.3
$0 - $53,000 12.6

High for AR
Low for Nation

Value Relative to Nation Value Relative to State
62.4926754951365 24.2957746478873

Number Of Homes And Apartments:
2,804

Beebe 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
35.70% 1.79% 5 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,020 / per month

Homeownership Rate

Homeownership
Owners 49.75
Renters 50.25
Vacant 8.13

Housing Market Details

 

Age of Homes

AGE OF Beebe HOMES
2000 or Newer 25.9
1970 - 1999 53.1
1940 - 1969 19.9
1939 or Older 1.0

Types of Homes

TYPE OF Beebe HOMES
Single-Family 73.2
Townhomes 1.4
Small Apt. Buildings 8.1
Apt. Complexes 8.0
Mobile Homes 9.3
Other 0.0

Home Size

SIZE OF Beebe HOMES
No Bedroom 0.88
1 Bedroom 4.16
2 Bedrooms 24.12
3 Bedrooms 64.71
4 Bedrooms 5.14
5 or more bedrooms 0.98

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Zip Codes in Beebe, AR