Vilonia, AR
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Vilonia Neighborhoods Since 2000




Vilonia, 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

Vilonia Housing Market Information

With a population of 4,439, 1,489 total housing units (homes and apartments), and a median house value of $176,270, Vilonia real estate is some of the most expensive in Arkansas, although Vilonia home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Vilonia, accounting for 84.96% of the city's housing units. Other types of housing that are prevalent in Vilonia include duplexes, homes converted to apartments or other small apartment buildings ( 7.77%), mobile homes or trailers ( 4.32%), and a few row houses and other attached homes ( 2.96%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Vilonia. Owner-occupied housing accounts for 78.78% of Vilonia's homes, and 82.61% have either three or four bedrooms, which is average sized relative to America.

Vilonia homes and real estate are some of the newest in America. 51.42% of Vilonia's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Vilonia real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 39.09%), and between 1940-1969 ( 7.95%). There's also some housing in Vilonia built before 1939 ( 1.54%).

Vilonia Home Appreciation Rates

In the last 10 years, Vilonia has experienced some of the highest home appreciation rates of any community in the nation. Vilonia real estate appreciated 14.86% over the last ten years, which is an average annual home appreciation rate of 1.39%, putting Vilonia in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Vilonia definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Vilonia that despite a nationwide downturn in the housing market, Vilonia real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Vilonia appreciation rates continue to be some of the highest in America, at 5.71%, which is higher than appreciation rates in 71.53% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Vilonia. Vilonia appreciation rates in the latest quarter were at -1.17%, which equates to an annual appreciation rate of -4.59%.

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

Relative to Arkansas, our data show that Vilonia's latest annual appreciation rate is higher than 80% of the other cities and towns in Arkansas.

Average Home Values

 

Median Home Value:
$176,270

Vilonia, AR HOME PRICES

Value Range
> $1,163,000 1.2
$872,001 - $1,163,000 0.0
$581,001 - $872,000 1.5
$465,001 - $581,000 0.5
$349,001 - $465,000 6.6
$233,001 - $349,000 16.7
$116,001 - $233,000 57.8
$58,001 - $116,000 10.7
$0 - $58,000 5.1

Very High for AR
High for Nation

Value Relative to Nation Value Relative to State
39.5113090355092 5.98591549295775

Number Of Homes And Apartments:
1,489

Vilonia 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
53.86% 2.53% 9 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,009 / per month

Homeownership Rate

Homeownership
Owners 78.78
Renters 21.22
Vacant 8.20

Housing Market Details

 

Age of Homes

AGE OF Vilonia HOMES
2000 or Newer 51.4
1970 - 1999 39.1
1940 - 1969 8.0
1939 or Older 1.5

Types of Homes

TYPE OF Vilonia HOMES
Single-Family 85.0
Townhomes 3.0
Small Apt. Buildings 7.8
Apt. Complexes 0.0
Mobile Homes 4.3
Other 0.0

Home Size

SIZE OF Vilonia HOMES
No Bedroom 0.00
1 Bedroom 0.00
2 Bedrooms 16.15
3 Bedrooms 65.04
4 Bedrooms 17.57
5 or more bedrooms 1.23

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