Greenbrier, AR
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Greenbrier, 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

Greenbrier Housing Market Information

With 5,296 people, 1,785 houses or apartments, and a median cost of homes of $137,243, house prices in Greenbrier are solidly below the national average.

Single-family detached homes are the single most common housing type in Greenbrier, accounting for 80.20% of the city's housing units. Other types of housing that are prevalent in Greenbrier include duplexes, homes converted to apartments or other small apartment buildings ( 7.53%), mobile homes or trailers ( 5.45%), and a few large apartment complexes or high rise apartments ( 4.73%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Greenbrier. Owner-occupied housing accounts for 66.44% of Greenbrier's homes, and 74.96% have either three or four bedrooms, which is average sized relative to America.

Greenbrier homes and real estate are some of the newest in America. 47.79% of Greenbrier's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Greenbrier real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 40.87%), and between 1940-1969 ( 7.84%). There's also some housing in Greenbrier built before 1939 ( 3.51%).

Greenbrier Home Appreciation Rates

Appreciation rates for homes in Greenbrier have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 8.36%, which ranks in the top 40% nationwide. This equates to an annual average Greenbrier house appreciation rate of 0.81%.

Over the last year, Greenbrier appreciation rates have trailed the rest of the nation. In the last twelve months, Greenbrier's appreciation rate has been 0.76%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Greenbrier were at -1.17%, which equates to an annual appreciation rate of -4.59%.

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

Relative to Arkansas, our data show that Greenbrier's latest annual appreciation rate is lower than 80% of the other cities and towns in Arkansas.

Average Home Values

 

Median Home Value:
$137,243

Greenbrier, AR HOME PRICES

Value Range
> $1,041,000 0.0
$781,001 - $1,041,000 0.3
$521,001 - $781,000 0.5
$416,001 - $521,000 1.3
$312,001 - $416,000 3.3
$208,001 - $312,000 16.9
$104,001 - $208,000 48.6
$52,001 - $104,000 19.2
$0 - $52,000 9.9

Very High for AR
Average for Nation

Value Relative to Nation Value Relative to State
56.1291456697527 19.3661971830986

Number Of Homes And Apartments:
1,785

Greenbrier 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
35.20% 1.76% 4 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$979 / per month

Homeownership Rate

Homeownership
Owners 66.44
Renters 33.56
Vacant 9.16

Housing Market Details

 

Age of Homes

AGE OF Greenbrier HOMES
2000 or Newer 47.8
1970 - 1999 40.9
1940 - 1969 7.8
1939 or Older 3.5

Types of Homes

TYPE OF Greenbrier HOMES
Single-Family 80.2
Townhomes 2.1
Small Apt. Buildings 7.5
Apt. Complexes 4.7
Mobile Homes 5.4
Other 0.0

Home Size

SIZE OF Greenbrier HOMES
No Bedroom 0.36
1 Bedroom 4.22
2 Bedrooms 15.88
3 Bedrooms 64.02
4 Bedrooms 10.94
5 or more bedrooms 4.58

Popular Neighborhoods in Greenbrier

Zip Codes in Greenbrier, AR