Springdale, AR
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Springdale, AR Real Estate Data


Springdale Housing Market Information

With a population of 77,859, 24,340 total housing units (homes and apartments), and a median house value of $153,226, 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 59.60% of the city's housing units. Other types of housing that are prevalent in Springdale include large apartment complexes or high rise apartments ( 23.63%), duplexes, homes converted to apartments or other small apartment buildings ( 11.02%), and a few mobile homes or trailers ( 3.64%).

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 50.01% owning and 49.99% 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 ( 29.19%). A lesser amount of the housing stock also hails from between 1940-1969 ( 11.68%). There's also some housing in Springdale built before 1939 ( 1.55%).

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 -1.34%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Springdale's appreciation rate, at 5.21%, has been at or slightly above the national average. In the latest quarter, Springdale's appreciation rate has been 0.60%, which annualizes to a rate of 2.42%.

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

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:
$153,226

Springdale, AR HOME PRICES

Value Range
> $1,183,000 1.3
$887,001 - $1,183,000 0.4
$592,001 - $887,000 1.2
$473,001 - $592,000 0.9
$355,001 - $473,000 4.2
$237,001 - $355,000 8.6
$119,001 - $237,000 46.8
$59,001 - $119,000 28.8
$0 - $59,000 7.9

Very High for AR
Average for Nation

Value Relative to Nation Value Relative to State
49.3353633542191 12.3239436619718

Number Of Homes And Apartments:
24,340

Rent & Ownership

 

Average Market Rent:
$944 / per month

Homeownership Rate

Homeownership
Owners 50.01
Renters 49.99
Vacant 8.49

Housing Market Details

 

Age of Homes

AGE OF Springdale HOMES
2000 or Newer 29.2
1970 - 1999 57.6
1940 - 1969 11.7
1939 or Older 1.6

Types of Homes

TYPE OF Springdale HOMES
Single-Family 59.6
Townhomes 2.1
Small Apt. Buildings 11.0
Apt. Complexes 23.6
Mobile Homes 3.6
Other 0.0

Home Size

SIZE OF Springdale HOMES
No Bedroom 2.47
1 Bedroom 8.96
2 Bedrooms 26.78
3 Bedrooms 47.80
4 Bedrooms 11.95
5 or more bedrooms 2.03

Springdale 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
28.68% 1.49% 3 3
* 10 is highest