Cabot, AR
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Cabot Neighborhoods Since 2000




Cabot, AR Real Estate Data


Cabot Housing Market Information

With 25,587 people, 9,106 houses or apartments, and a median cost of homes of $146,177, Cabot real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Cabot, accounting for 76.82% of the city's housing units. Other types of housing that are prevalent in Cabot include duplexes, homes converted to apartments or other small apartment buildings ( 8.87%), large apartment complexes or high rise apartments ( 7.55%), and a few mobile homes or trailers ( 4.38%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Cabot. Owner-occupied housing accounts for 68.59% of Cabot's homes, and 77.19% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Cabot 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 Cabot built between 2000 and later ( 38.67%). A lesser amount of the housing stock also hails from between 1940-1969 ( 4.80%).

Cabot Home Appreciation Rates

Appreciation rates for homes in Cabot have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 4.21%, which ranks in the top 50% nationwide. This equates to an annual average Cabot house appreciation rate of 0.41%.

Over the last year, Cabot appreciation rates have trailed the rest of the nation. In the last twelve months, Cabot's appreciation rate has been 3.15%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Cabot were at 0.34%, which equates to an annual appreciation rate of 1.35%.

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

Relative to Arkansas, our data show that Cabot's latest annual appreciation rate is lower than 70% 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 Cabot differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Cabot - 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 Cabot real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$146,177

Cabot, AR HOME PRICES

Value Range
> $1,052,000 0.0
$789,001 - $1,052,000 0.2
$526,001 - $789,000 0.2
$421,001 - $526,000 0.3
$316,001 - $421,000 1.9
$211,001 - $316,000 11.3
$105,001 - $211,000 62.3
$52,001 - $105,000 19.8
$0 - $52,000 4.1

Very High for AR
Average for Nation

Value Relative to Nation Value Relative to State
52.6556186683844 15.1408450704225

Number Of Homes And Apartments:
9,106

Rent & Ownership

 

Average Market Rent:
$935 / per month

Homeownership Rate

Homeownership
Owners 68.59
Renters 31.41
Vacant 6.40

Housing Market Details

 

Age of Homes

AGE OF Cabot HOMES
2000 or Newer 38.7
1970 - 1999 55.8
1940 - 1969 4.8
1939 or Older 0.7

Types of Homes

TYPE OF Cabot HOMES
Single-Family 76.8
Townhomes 2.3
Small Apt. Buildings 8.9
Apt. Complexes 7.6
Mobile Homes 4.4
Other 0.1

Home Size

SIZE OF Cabot HOMES
No Bedroom 2.73
1 Bedroom 4.55
2 Bedrooms 13.91
3 Bedrooms 59.06
4 Bedrooms 18.13
5 or more bedrooms 1.61

Cabot Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
AR*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
28.16% 1.47% 3 3
* 10 is highest