Springdale, 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

Springdale, AR Housing Market Trends

With 81,125 people, 26,547 houses or apartments, and a median cost of homes of $176,462, house prices in Springdale are solidly below the national average.

Single-family detached homes are the single most common housing type in Springdale, accounting for 61.05% of the city's housing units. Other types of housing that are prevalent in Springdale include large apartment complexes or high rise apartments ( 20.53%), duplexes, homes converted to apartments or other small apartment buildings ( 12.46%), and a few row houses and other attached homes ( 3.07%).

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 48.83% owning and 51.17% 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 ( 31.12%). A lesser amount of the housing stock also hails from between 1940-1969 ( 12.45%). There's also some housing in Springdale built before 1939 ( 2.10%).

Springdale Home Appreciation Rates

Appreciation rates for homes in Springdale have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 65.41%, which ranks in the top 30% nationwide. This equates to an annual average Springdale house appreciation rate of 5.16%.

NeighborhoodScout's data show that during the latest twelve months, Springdale's appreciation rate, at 9.36%, has been at or slightly above the national average. In the latest quarter, Springdale's appreciation rate has been 2.75%, which annualizes to a rate of 11.47%.

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:
$176,462

Springdale, AR HOME PRICES

> $1,259,000
0.3%
0.3%
$944,001 - $1,259,000
1.1%
1.1%
$630,001 - $944,000
1.5%
1.5%
$503,001 - $630,000
4.9%
4.9%
$378,001 - $503,000
4.7%
4.7%
$252,001 - $378,000
14.2%
14.2%
$126,001 - $252,000
56.9%
56.9%
$63,001 - $126,000
12.9%
12.9%
$0 - $63,000
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:
26,547

Springdale 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
77.54% 2.71%
7
5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$996 / per month

Homeownership Rate

Owners
48.8%
48.8%
Renters
51.2%
51.2%
Vacant
4.6%
4.6%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
31.1%
31.1%
1970 - 1999
54.3%
54.3%
1940 - 1969
12.4%
12.4%
1939 or Older
2.1%
2.1%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
61.1%
61.1%
Townhomes
3.1%
3.1%
Small Apt. Buildings
12.5%
12.5%
Apt. Complexes
20.5%
20.5%
Mobile Homes
2.8%
2.8%
Other
0.1%
0.1%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
4.9%
4.9%
1 Bedroom
8.1%
8.1%
2 Bedrooms
25.8%
25.8%
3 Bedrooms
46.4%
46.4%
4 Bedrooms
12.5%
12.5%
5 or more bedrooms
2.4%
2.4%
0.0% 100.0%
% OF HOMES