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 4,173 people, 1,596 houses or apartments, and a median cost of homes of $255,544, Ashdown real estate is some of the most expensive in Arkansas, although Ashdown home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Ashdown, accounting for 84.15% of the city's housing units. Other types of housing that are prevalent in Ashdown include mobile homes or trailers ( 8.57%), duplexes, homes converted to apartments or other small apartment buildings ( 4.41%), and a few large apartment complexes or high rise apartments ( 2.18%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Ashdown. Owner-occupied housing accounts for 81.84% of Ashdown's homes, and 76.77% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Ashdown 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 Ashdown built between 1940-1969 ( 19.37%). A lesser amount of the housing stock also hails from between 2000 and later ( 14.51%). There's also some housing in Ashdown built before 1939 ( 6.49%).
Vacant housing appears to be an issue in Ashdown. Fully 20.95% of the housing stock is classified as vacant. Left unchecked, vacant Ashdown homes and apartments can be a drag on the real estate market, holding Ashdown 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.
Real estate appreciation rates in Ashdown's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.93% during the period.
Over the last year, Ashdown appreciation rates have trailed the rest of the nation. In the last twelve months, Ashdown's appreciation rate has been -0.75%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Ashdown were at 1.24%, which equates to an annual appreciation rate of 5.04%.
Relative to Arkansas, our data show that Ashdown's latest annual appreciation rate is lower than 90% of the other cities and towns in Arkansas.
$255,544
for Arkansas
for nation
1,596
$1,291 / per month