Springdale, AR
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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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 Q2 2019. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2017 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Springdale Housing Market Information

With a population of 79,599, 25,919 total housing units (homes and apartments), and a median house value of $172,766, 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 61.52% of the city's housing units. Other types of housing that are prevalent in Springdale include large apartment complexes or high rise apartments ( 21.64%), duplexes, homes converted to apartments or other small apartment buildings ( 11.86%), and a few row houses and other attached homes ( 2.79%).

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 48.98% owning and 51.02% 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 ( 30.99%). A lesser amount of the housing stock also hails from between 1940-1969 ( 12.60%). There's also some housing in Springdale built before 1939 ( 1.94%).

Springdale Home Appreciation Rates

Appreciation rates for homes in Springdale have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 21.49%, which ranks in the top 40% nationwide. This equates to an annual average Springdale house appreciation rate of 1.97%.

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 7.17%, which is higher than appreciation rates in 91.22% 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 1.09%, which equates to an annual appreciation rate of 4.44%.

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:
$172,766

Springdale, AR HOME PRICES

Value Range
> $1,292,000 0.5
$969,001 - $1,292,000 0.9
$646,001 - $969,000 1.2
$517,001 - $646,000 3.1
$388,001 - $517,000 4.7
$259,001 - $388,000 11.2
$129,001 - $259,000 55.0
$64,001 - $129,000 19.6
$0 - $64,000 3.8

Very High for AR
Average for Nation

Value Relative to Nation Value Relative to State
47.7255474452555 9.12280701754386

Number Of Homes And Apartments:
25,919

Springdale Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
AR*
Compared To
America*
Latest Quarter:
2019 Q1 - 2019 Q2
Last 12 Months:
2018 Q2 - 2019 Q2
Last 2 Years:
2017 Q2 - 2019 Q2
Last 5 Years:
2014 Q2 - 2019 Q2
Last 10 Years:
2009 Q2 - 2019 Q2
Since 2000:
2000 Q1 - 2019 Q2
58.54% 2.39%
7
5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$865 / per month

Homeownership Rate

Homeownership
Owners 48.98
Renters 51.02
Vacant 5.37

Housing Market Details

 

Age of Homes

AGE OF Springdale HOMES
2000 or Newer 31.0
1970 - 1999 54.5
1940 - 1969 12.6
1939 or Older 1.9

Types of Homes

TYPE OF Springdale HOMES
Single-Family 61.5
Townhomes 2.8
Small Apt. Buildings 11.9
Apt. Complexes 21.6
Mobile Homes 2.1
Other 0.1

Home Size

SIZE OF Springdale HOMES
No Bedroom 3.95
1 Bedroom 8.70
2 Bedrooms 25.35
3 Bedrooms 46.79
4 Bedrooms 13.24
5 or more bedrooms 1.96