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 4,485, 1,592 total housing units (homes and apartments), and a median house value of $244,066, house prices in Vilonia are solidly below the national average.
Single-family detached homes are the single most common housing type in Vilonia, accounting for 93.14% of the city's housing units. Other types of housing that are prevalent in Vilonia include mobile homes or trailers ( 2.53%), large apartment complexes or high rise apartments ( 1.68%), and a few row houses and other attached homes ( 1.44%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Vilonia. Owner-occupied housing accounts for 85.62% of Vilonia's homes, and 91.40% have either three or four bedrooms, which is average sized relative to America.
Vilonia homes and real estate are some of the newest in America. 55.72% of Vilonia'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 Vilonia real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 34.66%), and between 1940-1969 ( 8.54%). There's also some housing in Vilonia built before 1939 ( 1.08%).
Vilonia's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Vilonia during the period has been just 4.75%, which is lower than 80% of US communities.
NeighborhoodScout's data show that during the latest twelve months, Vilonia's appreciation rate, at 5.35%, has been at or slightly above the national average. In the latest quarter, Vilonia's appreciation rate has been 0.44%, which annualizes to a rate of 1.78%.
Notably, Vilonia's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Arkansas, our data show that Vilonia's latest annual appreciation rate is lower than 70% of the other cities and towns in Arkansas.
$244,066
for Arkansas
for nation
1,592
$1,043 / per month