Clarksville, AR
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Clarksville, 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

Clarksville Housing Market Information

With a population of 9,433, 3,599 total housing units (homes and apartments), and a median house value of $103,205, house prices in Clarksville are solidly below the national average.

Single-family detached homes are the single most common housing type in Clarksville, accounting for 68.87% of the city's housing units. Other types of housing that are prevalent in Clarksville include duplexes, homes converted to apartments or other small apartment buildings ( 18.41%), large apartment complexes or high rise apartments ( 6.08%), and a few mobile homes or trailers ( 5.48%).

The most prevalent building size and type in Clarksville are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 52.55% owning and 47.45% renting.

There is a lot of housing in Clarksville 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 Clarksville built between 1940-1969 ( 23.78%). A lesser amount of the housing stock also hails from between 2000 and later ( 14.89%). There's also some housing in Clarksville built before 1939 ( 9.10%).

Clarksville Home Appreciation Rates

Appreciation rates for homes in Clarksville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 3.00%, which ranks in the top 50% nationwide. This equates to an annual average Clarksville house appreciation rate of 0.30%.

Over the last year, Clarksville appreciation rates have trailed the rest of the nation. In the last twelve months, Clarksville's appreciation rate has been 1.98%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Clarksville were at -1.14%, which equates to an annual appreciation rate of -4.49%.

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

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

Average Home Values

 

Median Home Value:
$103,205

Clarksville, AR HOME PRICES

Value Range
> $1,019,000 0.7
$764,001 - $1,019,000 0.0
$509,001 - $764,000 0.2
$408,001 - $509,000 0.2
$306,001 - $408,000 2.5
$204,001 - $306,000 4.1
$102,001 - $204,000 34.4
$51,001 - $102,000 46.0
$0 - $51,000 11.9

High for AR
Low for Nation

Value Relative to Nation Value Relative to State
75.5185749443338 40.1408450704225

Number Of Homes And Apartments:
3,599

Clarksville 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
27.78% 1.43% 3 3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$804 / per month

Homeownership Rate

Homeownership
Owners 52.55
Renters 47.45
Vacant 6.95

Housing Market Details

 

Age of Homes

AGE OF Clarksville HOMES
2000 or Newer 14.9
1970 - 1999 52.2
1940 - 1969 23.8
1939 or Older 9.1

Types of Homes

TYPE OF Clarksville HOMES
Single-Family 68.9
Townhomes 1.2
Small Apt. Buildings 18.4
Apt. Complexes 6.1
Mobile Homes 5.5
Other 0.0

Home Size

SIZE OF Clarksville HOMES
No Bedroom 2.40
1 Bedroom 9.10
2 Bedrooms 30.40
3 Bedrooms 49.51
4 Bedrooms 7.42
5 or more bedrooms 1.16

Popular Neighborhoods in Clarksville

Popular Communities Near Clarksville, AR

Zip Codes in Clarksville, AR