Rogers, AR
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Rogers, 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

Rogers Housing Market Information

With a population of 63,159, 21,295 total housing units (homes and apartments), and a median house value of $158,232, Rogers real estate is some of the most expensive in Arkansas, although Rogers home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Rogers, accounting for 68.28% of the city's housing units. Other types of housing that are prevalent in Rogers include large apartment complexes or high rise apartments ( 13.39%), row houses and other attached homes ( 9.32%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.74%).

The most prevalent building size and type in Rogers are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 57.04% owning and 42.96% renting.

There is a lot of housing in Rogers 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 Rogers built between 2000 and later ( 30.50%). A lesser amount of the housing stock also hails from between 1940-1969 ( 10.46%). There's also some housing in Rogers built before 1939 ( 2.62%).

Rogers Home Appreciation Rates

Real estate appreciation rates in Rogers's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.31% during the period.

Appreciation rates are so strong in Rogers that despite a nationwide downturn in the housing market, Rogers real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Rogers appreciation rates continue to be some of the highest in America, at 7.81%, which is higher than appreciation rates in 85.76% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Rogers. Rogers appreciation rates in the latest quarter were at 3.26%, which equates to an annual appreciation rate of 13.71%.

Importantly, NeighborhoodScout’s exclusive research found that Rogers's housing market shows one of the <a href="/blog/highest-appreciating-cities">top real estate appreciation rates in the U.S.A.</a> in the latest quarter, which may signal the city’s near-future real estate investment strength.

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

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Rogers differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Rogers - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Rogers real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$158,232

Rogers, AR HOME PRICES

Value Range
> $1,212,000 0.3
$909,001 - $1,212,000 0.9
$606,001 - $909,000 3.1
$485,001 - $606,000 3.0
$363,001 - $485,000 7.9
$242,001 - $363,000 14.8
$121,001 - $242,000 41.5
$61,001 - $121,000 23.2
$0 - $61,000 5.3

Very High for AR
Average for Nation

Value Relative to Nation Value Relative to State
46.4842376655338 10.5633802816901

Number Of Homes And Apartments:
21,295

Rogers 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
37.44% 1.86% 5 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,051 / per month

Homeownership Rate

Homeownership
Owners 57.04
Renters 42.96
Vacant 7.32

Housing Market Details

 

Age of Homes

AGE OF Rogers HOMES
2000 or Newer 30.5
1970 - 1999 56.4
1940 - 1969 10.5
1939 or Older 2.6

Types of Homes

TYPE OF Rogers HOMES
Single-Family 68.3
Townhomes 9.3
Small Apt. Buildings 6.7
Apt. Complexes 13.4
Mobile Homes 2.3
Other 0.0

Home Size

SIZE OF Rogers HOMES
No Bedroom 1.72
1 Bedroom 6.18
2 Bedrooms 22.52
3 Bedrooms 48.78
4 Bedrooms 17.85
5 or more bedrooms 2.95