Rogers, 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 Q2 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

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

Rogers, AR Housing Market Trends

With 68,669 people, 24,053 houses or apartments, and a median cost of homes of $185,433, Rogers real estate is some of the most expensive in Arkansas, although Rogers home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Rogers, accounting for 67.72% of the city's housing units. Other types of housing that are prevalent in Rogers include large apartment complexes or high rise apartments ( 15.65%), duplexes, homes converted to apartments or other small apartment buildings ( 7.70%), and a few row houses and other attached homes ( 7.25%).

The most prevalent building size and type in Rogers are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 57.26% owning and 42.74% renting.

There is a lot of housing in Rogers 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 Rogers built between 2000 and later ( 32.33%). A lesser amount of the housing stock also hails from between 1940-1969 ( 7.30%). There's also some housing in Rogers built before 1939 ( 2.15%).

Rogers Home Appreciation Rates

Appreciation rates for homes in Rogers have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 61.77%, which ranks in the top 30% nationwide. This equates to an annual average Rogers house appreciation rate of 4.93%.

NeighborhoodScout's data show that during the latest twelve months, Rogers's appreciation rate, at 10.14%, has been at or slightly above the national average. In the latest quarter, Rogers's appreciation rate has been 2.79%, which annualizes to a rate of 11.62%.

Relative to Arkansas, our data show that Rogers'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 Rogers differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Rogers - 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 Rogers real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$185,433

Rogers, AR HOME PRICES

> $1,285,000
0.9%
0.9%
$963,001 - $1,285,000
1.4%
1.4%
$642,001 - $963,000
3.8%
3.8%
$514,001 - $642,000
3.0%
3.0%
$385,001 - $514,000
8.9%
8.9%
$257,001 - $385,000
19.2%
19.2%
$128,001 - $257,000
41.7%
41.7%
$64,001 - $128,000
17.7%
17.7%
$0 - $64,000
3.4%
3.4%
0.0% 100.0%
% OF HOMES
Value Relative To State

Average for Nation

Very High for AR

Value Relative To Nation

Number Of Homes And Apartments:
24,053

Rogers Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
AR*
Compared To
America*
Latest Quarter:
2021 Q1 - 2021 Q2
Last 12 Months:
2020 Q2 - 2021 Q2
Last 2 Years:
2019 Q2 - 2021 Q2
Last 5 Years:
2016 Q2 - 2021 Q2
Last 10 Years:
2011 Q2 - 2021 Q2
Since 2000:
2000 Q1 - 2021 Q2
78.28% 2.73%
7
5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,169 / per month

Homeownership Rate

Owners
57.3%
57.3%
Renters
42.7%
42.7%
Vacant
5.3%
5.3%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
32.3%
32.3%
1970 - 1999
58.2%
58.2%
1940 - 1969
7.3%
7.3%
1939 or Older
2.2%
2.2%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
67.7%
67.7%
Townhomes
7.3%
7.3%
Small Apt. Buildings
7.7%
7.7%
Apt. Complexes
15.7%
15.7%
Mobile Homes
1.6%
1.6%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
3.1%
3.1%
1 Bedroom
7.8%
7.8%
2 Bedrooms
20.8%
20.8%
3 Bedrooms
43.7%
43.7%
4 Bedrooms
20.6%
20.6%
5 or more bedrooms
3.9%
3.9%
0.0% 100.0%
% OF HOMES