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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.



Austin, 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

Austin, AR Housing Market Trends

With 4,017 people, 1,360 houses or apartments, and a median cost of homes of $275,319, Austin real estate is some of the most expensive in Arkansas, although Austin home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Austin, accounting for 95.28% of the city's housing units. Other types of housing that are prevalent in Austin include duplexes, homes converted to apartments or other small apartment buildings ( 3.24%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Austin. Owner-occupied housing accounts for 78.01% of Austin's homes, and 93.18% have either three or four bedrooms, which is average sized relative to America.

Austin homes and real estate are some of the newest in America. 79.89% of Austin's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Austin real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 13.63%), and between 1940-1969 ( 5.26%). There's also some housing in Austin built before 1939 ( 1.21%).

Austin Home Appreciation Rates

Austin's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Austin during the period has been just 5.36%, which is lower than 70% of US communities.

Over the last year, Austin appreciation rates have trailed the rest of the nation. In the last twelve months, Austin's appreciation rate has been 5.13%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Austin were at 0.44%, which equates to an annual appreciation rate of 1.78%.

Notably, Austin's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Arkansas, our data show that Austin's latest annual appreciation rate is lower than 70% of the other cities and towns in Arkansas.

Average Home Values

Median Home Value

$275,319

Austin, AR Home Prices
> $1,361,000
$1,020,001 - $1,361,000
$680,001 - $1,020,000
$544,001 - $680,000
$408,001 - $544,000
$272,001 - $408,000
$136,001 - $272,000
$68,001 - $136,000
$0 - $68,000
0.1%
0.1%
0.4%
0.4%
2.8%
2.8%
3.1%
3.1%
13.6%
13.6%
37.2%
37.2%
36.9%
36.9%
3.4%
3.4%
2.5%
2.5%
0% 100.0%
% of Homes
Very High

for Arkansas

Average

for nation

Number of Homes And Apartments:

1,360

Austin Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,188 / per month

Homeownership Rate

Owners
Renters
78.0%
78.0%
22.0%
22.0%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
8.2%
8.2%
91.8%
91.8%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
79.9%
79.9%
13.6%
13.6%
5.3%
5.3%
1.2%
1.2%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
95.3%
95.3%
0.6%
0.6%
3.2%
3.2%
0.0%
0.0%
0.9%
0.9%
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
0.0%
0.0%
0.0%
0.0%
6.8%
6.8%
64.6%
64.6%
28.6%
28.6%
0.0%
0.0%
0% 100.0%
% of Homes

Popular Neighborhoods in Austin

Zip Codes in Austin, AR