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 a population of 5,958, 2,205 total housing units (homes and apartments), and a median house value of $238,222, house prices in Greenbrier are solidly below the national average.
Single-family detached homes are the single most common housing type in Greenbrier, accounting for 82.85% of the city's housing units. Other types of housing that are prevalent in Greenbrier include duplexes, homes converted to apartments or other small apartment buildings ( 8.70%), mobile homes or trailers ( 5.05%), and a few large apartment complexes or high rise apartments ( 2.24%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Greenbrier. Owner-occupied housing accounts for 76.23% of Greenbrier's homes, and 79.49% have either three or four bedrooms, which is average sized relative to America.
Greenbrier homes and real estate are some of the newest in America. 54.52% of Greenbrier'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 Greenbrier real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 41.05%), and between 1940-1969 ( 4.43%).
Greenbrier's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Greenbrier during the period has been just 5.38%, which is lower than 70% of US communities.
Over the last year, Greenbrier appreciation rates have trailed the rest of the nation. In the last twelve months, Greenbrier's appreciation rate has been 5.21%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Greenbrier were at 0.44%, which equates to an annual appreciation rate of 1.78%.
Notably, Greenbrier's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Arkansas, our data show that Greenbrier's latest annual appreciation rate is lower than 70% of the other cities and towns in Arkansas.
$238,222
for Arkansas
for nation
2,205
$1,487 / per month