Mayflower, AR


Highest Appreciating Mayflower Neighborhoods Since 2000

Mayflower, 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

Mayflower Housing Market Information

With 2,431 people, 879 houses or apartments, and a median cost of homes of $111,274, house prices in Mayflower are solidly below the national average.

Single-family detached homes are the single most common housing type in Mayflower, accounting for 69.35% of the city's housing units. Other types of housing that are prevalent in Mayflower include mobile homes or trailers ( 17.78%), large apartment complexes or high rise apartments ( 10.12%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.75%).

Dwellings in Mayflower tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 50.69% of the homes in Mayflower have two or fewer bedrooms.

There is a lot of housing in Mayflower 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 Mayflower built between 2000 and later ( 29.37%). A lesser amount of the housing stock also hails from between 1940-1969 ( 22.50%). There's also some housing in Mayflower built before 1939 ( 1.18%).

Vacant housing appears to be an issue in Mayflower. Fully 13.65% of the housing stock is classified as vacant. Left unchecked, vacant Mayflower homes and apartments can be a drag on the real estate market, holding Mayflower 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.

Mayflower Home Appreciation Rates

Appreciation rates for homes in Mayflower have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 6.75%, which ranks in the top 40% nationwide. This equates to an annual average Mayflower house appreciation rate of 0.66%.

Over the last year, Mayflower appreciation rates have trailed the rest of the nation. In the last twelve months, Mayflower's appreciation rate has been -2.59%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Mayflower were at -1.17%, which equates to an annual appreciation rate of -4.59%.

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

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

Average Home Values


Median Home Value:


Value Range
> $1,031,000 0.7
$773,001 - $1,031,000 0.0
$515,001 - $773,000 0.3
$412,001 - $515,000 1.7
$309,001 - $412,000 2.3
$206,001 - $309,000 11.4
$103,001 - $206,000 38.7
$52,001 - $103,000 27.6
$0 - $52,000 17.3

High for AR
Low for Nation

Value Relative to Nation Value Relative to State
70.6140864877534 31.3380281690141

Number Of Homes And Apartments:

Mayflower Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
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
34.08% 1.71% 4 4
* 10 is highest

Rent & Ownership


Average Market Rent:
$782 / per month

Homeownership Rate

Owners 73.72
Renters 26.28
Vacant 13.65

Housing Market Details


Age of Homes

AGE OF Mayflower HOMES
2000 or Newer 29.4
1970 - 1999 47.0
1940 - 1969 22.5
1939 or Older 1.2

Types of Homes

Single-Family 69.4
Townhomes 0.0
Small Apt. Buildings 2.8
Apt. Complexes 10.1
Mobile Homes 17.8
Other 0.0

Home Size

No Bedroom 2.06
1 Bedroom 10.90
2 Bedrooms 37.72
3 Bedrooms 41.06
4 Bedrooms 8.25
5 or more bedrooms 0.00

Popular Neighborhoods in Mayflower

Zip Codes in Mayflower, AR