Property prices for sale in Springdale (Arkansas)

The prices in real estate in Springdale, in the Arkansas region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.

$435,625
Average price last 6 months
$797
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Springdale has had a strong decrease during the last 6 months. In September, the average price per sq.feet was $1,584. In the following month the price per sq.feet decreased considerably to $421. The price for the following two months in (November, December) had a considerable decrease of 53 with regard to the prior two months. The price per sq.feet has increased 112 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $766.25 to $858.5 during January, and February.

Average price

Based upon to the price in Springdale (cities), these have remained the same in the last 6 months. The price in September is $451,164, rising in October till $503,508. During the following two months (November, December) the average price had a considerable reduction of 84 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $438,881.25 and $429,112.5 between January and February.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $423,286 they are 69 % more affordable than the average price for Springdale. The properties with the lowest average price have 4 bedrooms, Their price is 10 % cheaper than the average. After that we have properties with 3 bedrooms priced at $298,007.

With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $110 / sq.feet, with an average $747 / sq.feet price in Springdale. The properties with the highest average prices have 4 bedrooms. They are 254 % more expensive than the average followed by properties with 2 bedrooms with a price at $123 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $423,286 it is 42 % cheaper than the average price in Springdale. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "Apartment". At a price of $449,424 it is 234 % more expensive than the average price.

According to the average cost per sq.feet, the most expensive property type would be "Apartment" at an average cost of $1,239 / sq.feet followed by "House" priced at $3,337 / sq.feet. "Condo" is the most costly type of property with a $22,030 / sq.feet cost followed by "Townhouse" with an average price of $21,918 / sq.feet.

Charts data
Average price February
Average price per sq.feet February
Number of properties used in Springdale
Number of properties used in region Arkansas
$423,286
$747
4,106
199,596
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value