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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.



Arkadelphia, 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 2024. 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

Arkadelphia, AR Housing Market Trends

With a population of 10,258, 3,562 total housing units (homes and apartments), and a median house value of $244,146, house prices in Arkadelphia are solidly below the national average.

Single-family detached homes are the single most common housing type in Arkadelphia, accounting for 52.32% of the city's housing units. Other types of housing that are prevalent in Arkadelphia include large apartment complexes or high rise apartments ( 30.82%), duplexes, homes converted to apartments or other small apartment buildings ( 12.99%), and a few mobile homes or trailers ( 2.47%).

Arkadelphia is dominated by renter-occupied one, two, or no bedrooms apartments. 68.41% of Arkadelphia's dwellings are rentals.

There is a lot of housing in Arkadelphia 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 Arkadelphia built between 2000 and later ( 26.74%). A lesser amount of the housing stock also hails from between 1940-1969 ( 23.12%). There's also some housing in Arkadelphia built before 1939 ( 5.22%).

Vacant housing appears to be an issue in Arkadelphia. Fully 15.55% of the housing stock is classified as vacant. Left unchecked, vacant Arkadelphia homes and apartments can be a drag on the real estate market, holding Arkadelphia 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.

Arkadelphia Home Appreciation Rates

Arkadelphia's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Arkadelphia during the period has been just 5.33%, which is lower than 70% of US communities.

Appreciation rates are so strong in Arkadelphia that despite a nationwide downturn in the housing market, Arkadelphia real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Arkadelphia appreciation rates continue to be some of the highest in America, at 13.04%, which is higher than appreciation rates in 95.49% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Arkadelphia. Arkadelphia appreciation rates in the latest quarter were at 2.97%, which equates to an annual appreciation rate of 12.43%.

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

Average Home Values

Median Home Value

$244,146

Arkadelphia, AR Home Prices
> $1,555,000
$1,167,001 - $1,555,000
$778,001 - $1,167,000
$622,001 - $778,000
$467,001 - $622,000
$311,001 - $467,000
$156,001 - $311,000
$78,001 - $156,000
$0 - $78,000
1.3%
1.3%
0.0%
0.0%
1.0%
1.0%
1.8%
1.8%
6.1%
6.1%
24.3%
24.3%
45.2%
45.2%
12.8%
12.8%
7.4%
7.4%
0% 100.0%
% of Homes
Very High

for Arkansas

Average

for nation

Number of Homes And Apartments:

3,562

Arkadelphia Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,238 / per month

Homeownership Rate

Owners
Renters
31.6%
31.6%
68.4%
68.4%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
15.6%
15.6%
84.4%
84.4%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
26.7%
26.7%
44.9%
44.9%
23.1%
23.1%
5.2%
5.2%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
52.3%
52.3%
1.4%
1.4%
13.0%
13.0%
30.8%
30.8%
2.5%
2.5%
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
4.3%
4.3%
19.5%
19.5%
29.7%
29.7%
35.3%
35.3%
9.2%
9.2%
2.1%
2.1%
0% 100.0%
% of Homes

Popular Communities Near Arkadelphia, AR

Zip Codes in Arkadelphia, AR