Springdale, AR
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Springdale Neighborhoods Since 2000




Springdale, 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

Springdale Housing Market Information

With 77,859 people, 24,882 houses or apartments, and a median cost of homes of $147,692, Springdale real estate is some of the most expensive in Arkansas, although Springdale home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Springdale, accounting for 60.48% of the city's housing units. Other types of housing that are prevalent in Springdale include large apartment complexes or high rise apartments ( 21.97%), duplexes, homes converted to apartments or other small apartment buildings ( 11.91%), and a few mobile homes or trailers ( 3.29%).

The most prevalent building size and type in Springdale are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 50.73% owning and 49.27% renting.

There is a lot of housing in Springdale 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 Springdale built between 2000 and later ( 30.10%). A lesser amount of the housing stock also hails from between 1940-1969 ( 12.72%). There's also some housing in Springdale built before 1939 ( 1.26%).

Springdale Home Appreciation Rates

Springdale's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Springdale during the period has been just -0.80%, which is lower than 70% of US communities.

Appreciation rates are so strong in Springdale that despite a nationwide downturn in the housing market, Springdale real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Springdale appreciation rates continue to be some of the highest in America, at 8.46%, which is higher than appreciation rates in 88.72% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Springdale. Springdale 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 Springdale'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 Springdale's latest annual appreciation rate is higher than 90% 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 Springdale differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Springdale - 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 Springdale real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$147,692

Springdale, AR HOME PRICES

Value Range
> $1,207,000 1.4
$905,001 - $1,207,000 0.6
$603,001 - $905,000 1.5
$482,001 - $603,000 0.9
$362,001 - $482,000 4.0
$241,001 - $362,000 9.4
$120,001 - $241,000 49.0
$60,001 - $120,000 26.7
$0 - $60,000 6.5

Very High for AR
Average for Nation

Value Relative to Nation Value Relative to State
51.0312902847768 14.7887323943662

Number Of Homes And Apartments:
24,882

Springdale 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
36.65% 1.83% 5 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$903 / per month

Homeownership Rate

Homeownership
Owners 50.73
Renters 49.27
Vacant 6.84

Housing Market Details

 

Age of Homes

AGE OF Springdale HOMES
2000 or Newer 30.1
1970 - 1999 55.9
1940 - 1969 12.7
1939 or Older 1.3

Types of Homes

TYPE OF Springdale HOMES
Single-Family 60.5
Townhomes 2.3
Small Apt. Buildings 11.9
Apt. Complexes 22.0
Mobile Homes 3.3
Other 0.0

Home Size

SIZE OF Springdale HOMES
No Bedroom 2.61
1 Bedroom 8.71
2 Bedrooms 26.10
3 Bedrooms 47.92
4 Bedrooms 12.74
5 or more bedrooms 1.91