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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 2,353 people, 1,166 houses or apartments, and a median cost of homes of $276,495, West Fork real estate is some of the most expensive in Arkansas, although West Fork home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in West Fork, accounting for 96.08% of the city's housing units. Other types of housing that are prevalent in West Fork include mobile homes or trailers ( 1.02%), duplexes, homes converted to apartments or other small apartment buildings ( 1.02%), and a few row houses and other attached homes ( 1.02%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in West Fork. Owner-occupied housing accounts for 80.36% of West Fork's homes, and 74.34% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in West Fork 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 West Fork built between 2000 and later ( 18.84%). A lesser amount of the housing stock also hails from between 1940-1969 ( 15.26%). There's also some housing in West Fork built before 1939 ( 12.02%).
In the last 10 years, West Fork has experienced some of the highest home appreciation rates of any community in the nation. West Fork real estate appreciated 140.53% over the last ten years, which is an average annual home appreciation rate of 9.17%, putting West Fork in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, West Fork definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Over the last year, West Fork appreciation rates have trailed the rest of the nation. In the last twelve months, West Fork's appreciation rate has been 5.38%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in West Fork were at 0.74%, which equates to an annual appreciation rate of 2.99%.
Relative to Arkansas, our data show that West Fork's latest annual appreciation rate is lower than 80% of the other cities and towns in Arkansas.
$276,495
for Arkansas
for nation
1,166
$1,456 / per month