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 Q3 2018. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2016 (latest available). Updated annually.

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

Springdale Housing Market Information

With 79,599 people, 25,339 houses or apartments, and a median cost of homes of $173,751, 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 59.59% of the city's housing units. Other types of housing that are prevalent in Springdale include large apartment complexes or high rise apartments ( 22.34%), duplexes, homes converted to apartments or other small apartment buildings ( 12.18%), and a few mobile homes or trailers ( 2.98%).

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 48.88% owning and 51.12% 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 ( 30.28%). A lesser amount of the housing stock also hails from between 1940-1969 ( 12.51%). There's also some housing in Springdale built before 1939 ( 1.60%).

Springdale Home Appreciation Rates

Real estate appreciation rates in Springdale's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 0.82% during the period.

Over the last year, Springdale appreciation rates have trailed the rest of the nation. In the last twelve months, Springdale's appreciation rate has been 4.15%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Springdale were at 0.03%, which equates to an annual appreciation rate of 0.13%.

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 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 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:
$173,751

Springdale, AR HOME PRICES

Value Range
> $1,258,000 1.6
$943,001 - $1,258,000 1.0
$629,001 - $943,000 1.2
$503,001 - $629,000 1.8
$377,001 - $503,000 4.5
$251,001 - $377,000 10.7
$126,001 - $251,000 50.2
$63,001 - $126,000 24.1
$0 - $63,000 4.9

Very High for AR
Average for Nation

Value Relative to Nation Value Relative to State
45.9824817518248 7.36842105263158

Number Of Homes And Apartments:
25,339

Springdale Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
AR*
Compared To
America*
Latest Quarter:
2018 Q2 - 2018 Q3
Last 12 Months:
2017 Q3 - 2018 Q3
Last 2 Years:
2016 Q3 - 2018 Q3
Last 5 Years:
2013 Q3 - 2018 Q3
Last 10 Years:
2008 Q3 - 2018 Q3
Since 2000:
2000 Q1 - 2018 Q3
48.05% 2.11%
6
4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$882 / per month

Homeownership Rate

Homeownership
Owners 48.88
Renters 51.12
Vacant 6.20

Housing Market Details

 

Age of Homes

AGE OF Springdale HOMES
2000 or Newer 30.3
1970 - 1999 55.6
1940 - 1969 12.5
1939 or Older 1.6

Types of Homes

TYPE OF Springdale HOMES
Single-Family 59.6
Townhomes 2.8
Small Apt. Buildings 12.2
Apt. Complexes 22.3
Mobile Homes 3.0
Other 0.1

Home Size

SIZE OF Springdale HOMES
No Bedroom 4.01
1 Bedroom 8.68
2 Bedrooms 25.93
3 Bedrooms 46.14
4 Bedrooms 13.24
5 or more bedrooms 2.00