Rockport, AR
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Rockport Neighborhoods Since 2000




Rockport, AR Real Estate Data


Rockport Housing Market Information

With 753 people, 357 houses or apartments, and a median cost of homes of $87,943, the cost of homes in Rockport is among some of the lowest in the nation. Compared to Arkansas, however, Rockport real state is not on the lower end of the price spectrum.

Single-family detached homes are the single most common housing type in Rockport, accounting for 83.74% of the city's housing units. Other types of housing that are prevalent in Rockport include mobile homes or trailers ( 16.26%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Rockport. Owner-occupied housing accounts for 71.71% of Rockport's homes, and 68.72% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Rockport 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 Rockport built between 1940-1969 ( 27.09%). A lesser amount of the housing stock also hails from between 2000 and later ( 7.14%). There's also some housing in Rockport built before 1939 ( 4.43%).

Vacant housing appears to be an issue in Rockport. Fully 12.07% of the housing stock is classified as vacant. Left unchecked, vacant Rockport homes and apartments can be a drag on the real estate market, holding Rockport 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.

Rockport Home Appreciation Rates

Real estate appreciation rates in Rockport's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 0.21% during the period.

Over the last year, Rockport appreciation rates have trailed the rest of the nation. In the last twelve months, Rockport's appreciation rate has been 3.62%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Rockport were at 1.56%, which equates to an annual appreciation rate of 6.38%.

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

Average Home Values

 

Median Home Value:
$87,943

Rockport, AR HOME PRICES

Value Range
> $1,077,000 0.4
$807,001 - $1,077,000 0.0
$538,001 - $807,000 0.0
$430,001 - $538,000 0.1
$323,001 - $430,000 2.6
$215,001 - $323,000 10.9
$107,001 - $215,000 23.9
$54,001 - $107,000 36.5
$0 - $54,000 25.6

Average for AR
Very Low for Nation

Value Relative to Nation Value Relative to State
86.6311413011653 54.9295774647887

Number Of Homes And Apartments:
357

Rent & Ownership

 

Average Market Rent:
$763 / per month

Homeownership Rate

Homeownership
Owners 71.71
Renters 28.29
Vacant 12.07

Housing Market Details

 

Age of Homes

AGE OF Rockport HOMES
2000 or Newer 7.1
1970 - 1999 61.3
1940 - 1969 27.1
1939 or Older 4.4

Types of Homes

TYPE OF Rockport HOMES
Single-Family 83.7
Townhomes 0.0
Small Apt. Buildings 0.0
Apt. Complexes 0.0
Mobile Homes 16.3
Other 0.0

Home Size

SIZE OF Rockport HOMES
No Bedroom 0.00
1 Bedroom 0.74
2 Bedrooms 28.57
3 Bedrooms 57.64
4 Bedrooms 11.08
5 or more bedrooms 1.97

Rockport 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
34.35% 1.75% 4 4
* 10 is highest

Popular Neighborhoods in Rockport

Zip Codes in Rockport, AR