Pocahontas, AR
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Pocahontas, 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

Pocahontas Housing Market Information

With 6,438 people, 2,783 houses or apartments, and a median cost of homes of $82,249, house prices in Pocahontas are solidly below the national average.

Single-family detached homes are the single most common housing type in Pocahontas, accounting for 76.49% of the city's housing units. Other types of housing that are prevalent in Pocahontas include duplexes, homes converted to apartments or other small apartment buildings ( 20.40%), large apartment complexes or high rise apartments ( 1.90%), and a few row houses and other attached homes ( 1.21%).

The most prevalent building size and type in Pocahontas are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 54.88% owning and 45.12% renting.

There is a lot of housing in Pocahontas 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 Pocahontas built between 1940-1969 ( 26.83%). A lesser amount of the housing stock also hails from before 1939 ( 9.02%). There's also some housing in Pocahontas built between 2000 and later ( 4.22%).

Pocahontas Home Appreciation Rates

In the last 10 years, Pocahontas has experienced some of the highest home appreciation rates of any community in the nation. Pocahontas real estate appreciated 16.32% over the last ten years, which is an average annual home appreciation rate of 1.52%, putting Pocahontas in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Pocahontas definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Pocahontas that despite a nationwide downturn in the housing market, Pocahontas real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Pocahontas appreciation rates continue to be some of the highest in America, at 8.10%, which is higher than appreciation rates in 87.18% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Pocahontas. Pocahontas appreciation rates in the latest quarter were at -1.14%, which equates to an annual appreciation rate of -4.49%.

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

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

Average Home Values

 

Median Home Value:
$82,249

Pocahontas, AR HOME PRICES

Value Range
> $1,133,000 0.0
$850,001 - $1,133,000 0.0
$566,001 - $850,000 0.0
$453,001 - $566,000 0.0
$340,001 - $453,000 2.0
$227,001 - $340,000 4.7
$113,001 - $227,000 32.0
$56,001 - $113,000 35.5
$0 - $56,000 25.8

Low for AR
Very Low for Nation

Value Relative to Nation Value Relative to State
89.0308215164655 61.9718309859155

Number Of Homes And Apartments:
2,783

Pocahontas 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
36.82% 1.83% 5 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$652 / per month

Homeownership Rate

Homeownership
Owners 54.88
Renters 45.12
Vacant 3.77

Housing Market Details

 

Age of Homes

AGE OF Pocahontas HOMES
2000 or Newer 4.2
1970 - 1999 59.9
1940 - 1969 26.8
1939 or Older 9.0

Types of Homes

TYPE OF Pocahontas HOMES
Single-Family 76.5
Townhomes 1.2
Small Apt. Buildings 20.4
Apt. Complexes 1.9
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Pocahontas HOMES
No Bedroom 0.76
1 Bedroom 9.44
2 Bedrooms 36.79
3 Bedrooms 42.01
4 Bedrooms 8.40
5 or more bedrooms 2.59

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Zip Codes in Pocahontas, AR