Greenbrier, AR
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Greenbrier, AR Real Estate Data


Greenbrier Housing Market Information

With a population of 5,296, 1,785 total housing units (homes and apartments), and a median house value of $138,668, 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 11.08%, which ranks in the top 30% nationwide. This equates to an annual average Greenbrier house appreciation rate of 1.06%.

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 2.65%, 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 -0.03%, which equates to an annual appreciation rate of -0.11%.

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

Average Home Values

 

Median Home Value:
$138,668

Greenbrier, AR HOME PRICES

Value Range
> $1,051,000 0.0
$789,001 - $1,051,000 0.3
$526,001 - $789,000 0.5
$421,001 - $526,000 1.3
$315,001 - $421,000 3.3
$210,001 - $315,000 16.9
$105,001 - $210,000 48.6
$53,001 - $105,000 19.2
$0 - $53,000 9.9

Very High for AR
Average for Nation

Value Relative to Nation Value Relative to State
55.2091878589007 17.9577464788732

Number Of Homes And Apartments:
1,785

Rent & Ownership

 

Average Market Rent:
$975 / 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

Greenbrier 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
36.67% 1.83% 5 4
* 10 is highest

Popular Neighborhoods in Greenbrier

Zip Codes in Greenbrier, AR