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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Star City, AR Real Estate Market

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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Star City, AR Housing Market Trends

With a population of 2,124, 762 total housing units (homes and apartments), and a median house value of $136,152, house prices in Star City are solidly below the national average.

Single-family detached homes are the single most common housing type in Star City, accounting for 82.73% of the city's housing units. Other types of housing that are prevalent in Star City include mobile homes or trailers ( 13.24%), duplexes, homes converted to apartments or other small apartment buildings ( 3.84%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Star City. Owner-occupied housing accounts for 73.14% of Star City's homes, and 82.34% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Star City 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 Star City built between 1940-1969 ( 31.48%). A lesser amount of the housing stock also hails from between 2000 and later ( 19.87%). There's also some housing in Star City built before 1939 ( 3.65%).

Vacant housing appears to be an issue in Star City. Fully 26.87% of the housing stock is classified as vacant. Left unchecked, vacant Star City homes and apartments can be a drag on the real estate market, holding Star City real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Star City Home Appreciation Rates

Some of the lowest real estate appreciation rates in America over the last ten years have been in Star City, where house values have increased just 44.13%, which is annualized rate of 3.72%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.

Over the last year, Star City appreciation rates have trailed the rest of the nation. In the last twelve months, Star City's appreciation rate has been -0.24%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Star City were at -8.55%, which equates to an annual appreciation rate of -30.07%.

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

Relative to Arkansas, our data show that Star City's latest annual appreciation rate is lower than 90% of the other cities and towns in Arkansas.

Average Home Values

Median Home Value

$136,152

Star City, AR Home Prices
> $1,192,000
$893,001 - $1,192,000
$596,001 - $893,000
$476,001 - $596,000
$357,001 - $476,000
$238,001 - $357,000
$119,001 - $238,000
$59,001 - $119,000
$0 - $59,000
0.0%
0.0%
0.0%
0.0%
0.2%
0.2%
6.3%
6.3%
1.0%
1.0%
8.8%
8.8%
53.0%
53.0%
24.3%
24.3%
6.4%
6.4%
0% 100.0%
% of Homes
Low

for Arkansas

Very Low

for nation

Number of Homes And Apartments:

762

Star City Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,279 / per month

Homeownership Rate

Owners
Renters
73.1%
73.1%
26.9%
26.9%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
26.9%
26.9%
73.1%
73.1%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
19.9%
19.9%
45.0%
45.0%
31.5%
31.5%
3.6%
3.6%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
82.7%
82.7%
0.0%
0.0%
3.8%
3.8%
0.2%
0.2%
13.2%
13.2%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.6%
1.6%
4.1%
4.1%
10.7%
10.7%
78.6%
78.6%
3.7%
3.7%
1.2%
1.2%
0% 100.0%
% of Homes

Popular Neighborhoods in Star City

Popular Communities Near Star City, AR

Zip Codes in Star City, AR