Mabelvale, AR
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Mabelvale Neighborhoods Since 2000




Mabelvale, AR Real Estate Data


Mabelvale Housing Market Information

With 8,771 people, 1,796 houses or apartments, and a median cost of homes of $99,418, house prices in Mabelvale are solidly below the national average.

Single-family detached homes are the single most common housing type in Mabelvale, accounting for 55.71% of the town's housing units. Other types of housing that are prevalent in Mabelvale include mobile homes or trailers ( 43.40%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Mabelvale. Owner-occupied housing accounts for 78.73% of Mabelvale's homes, and 72.01% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Mabelvale 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 Mabelvale built between 2000 and later ( 22.26%). A lesser amount of the housing stock also hails from between 1940-1969 ( 8.89%).

Vacant housing appears to be an issue in Mabelvale. Fully 10.31% of the housing stock is classified as vacant. Left unchecked, vacant Mabelvale homes and apartments can be a drag on the real estate market, holding Mabelvale real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Mabelvale Home Appreciation Rates

Real estate appreciation rates in Mabelvale's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.06% during the period.

Over the last year, Mabelvale appreciation rates have trailed the rest of the nation. In the last twelve months, Mabelvale's appreciation rate has been 2.08%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Mabelvale were at 0.34%, which equates to an annual appreciation rate of 1.35%.

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

Relative to Arkansas, our data show that Mabelvale's latest annual appreciation rate is lower than 90% of the other cities and towns in Arkansas.

Average Home Values

 

Median Home Value:
$99,418

Mabelvale, AR HOME PRICES

Value Range
> $1,037,000 0.0
$778,001 - $1,037,000 0.0
$519,001 - $778,000 0.0
$415,001 - $519,000 0.8
$311,001 - $415,000 0.4
$208,001 - $311,000 7.7
$104,001 - $208,000 37.6
$52,001 - $104,000 31.3
$0 - $52,000 22.1

Average for AR
Low for Nation

Value Relative to Nation Value Relative to State
79.1239679100545 42.2535211267606

Number Of Homes And Apartments:
1,796

Rent & Ownership

 

Average Market Rent:
$747 / per month

Homeownership Rate

Homeownership
Owners 78.73
Renters 21.27
Vacant 10.31

Housing Market Details

 

Age of Homes

AGE OF Mabelvale HOMES
2000 or Newer 22.3
1970 - 1999 68.2
1940 - 1969 8.9
1939 or Older 0.6

Types of Homes

TYPE OF Mabelvale HOMES
Single-Family 55.7
Townhomes 0.6
Small Apt. Buildings 0.0
Apt. Complexes 0.0
Mobile Homes 43.4
Other 0.3

Home Size

SIZE OF Mabelvale HOMES
No Bedroom 1.11
1 Bedroom 1.96
2 Bedrooms 21.75
3 Bedrooms 61.07
4 Bedrooms 10.94
5 or more bedrooms 3.16

Mabelvale 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
18.54% 1.01% 1 2
* 10 is highest