De Queen, AR
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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De Queen, AR Real Estate Data


De Queen Housing Market Information

With a population of 6,707, 1,980 total housing units (homes and apartments), and a median house value of $81,716, house prices in De Queen are solidly below the national average.

Single-family detached homes are the single most common housing type in De Queen, accounting for 64.88% of the city's housing units. Other types of housing that are prevalent in De Queen include mobile homes or trailers ( 21.75%), duplexes, homes converted to apartments or other small apartment buildings ( 7.82%), and a few large apartment complexes or high rise apartments ( 4.15%).

The most prevalent building size and type in De Queen are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 64.54% owning and 35.46% renting.

There is a lot of housing in De Queen 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 De Queen built between 1940-1969 ( 22.08%). A lesser amount of the housing stock also hails from between 2000 and later ( 8.48%). There's also some housing in De Queen built before 1939 ( 6.61%).

De Queen Home Appreciation Rates

Appreciation rates for homes in De Queen have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 3.58%, which ranks in the top 50% nationwide. This equates to an annual average De Queen house appreciation rate of 0.35%.

Over the last year, De Queen appreciation rates have trailed the rest of the nation. In the last twelve months, De Queen's appreciation rate has been 1.36%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in De Queen were at 0.33%, which equates to an annual appreciation rate of 1.34%.

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

Average Home Values

 

Median Home Value:
$81,716

De Queen, AR HOME PRICES

Value Range
> $1,041,000 0.0
$781,001 - $1,041,000 0.0
$520,001 - $781,000 0.0
$416,001 - $520,000 0.1
$313,001 - $416,000 0.0
$208,001 - $313,000 5.9
$104,001 - $208,000 25.8
$52,001 - $104,000 39.4
$0 - $52,000 28.9

Low for AR
Very Low for Nation

Value Relative to Nation Value Relative to State
89.200750029298 64.4366197183099

Number Of Homes And Apartments:
1,980

Rent & Ownership

 

Average Market Rent:
$682 / per month

Homeownership Rate

Homeownership
Owners 64.54
Renters 35.46
Vacant 7.78

Housing Market Details

 

Age of Homes

AGE OF De Queen HOMES
2000 or Newer 8.5
1970 - 1999 62.8
1940 - 1969 22.1
1939 or Older 6.6

Types of Homes

TYPE OF De Queen HOMES
Single-Family 64.9
Townhomes 1.4
Small Apt. Buildings 7.8
Apt. Complexes 4.1
Mobile Homes 21.8
Other 0.0

Home Size

SIZE OF De Queen HOMES
No Bedroom 2.33
1 Bedroom 6.52
2 Bedrooms 27.25
3 Bedrooms 51.89
4 Bedrooms 11.18
5 or more bedrooms 0.84

De Queen Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
AR*
Compared To
America*
Latest Quarter:
2016 Q3 - 2016 Q4
Last 12 Months:
2015 Q4 - 2016 Q4
Last 2 Years:
2014 Q4 - 2016 Q4
Last 5 Years:
2011 Q4 - 2016 Q4
Last 10 Years:
2006 Q4 - 2016 Q4
Since 2000:
2000 Q1 - 2016 Q4
35.90% 1.79% 5 4
* 10 is highest

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Zip Codes in De Queen, AR