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 72,999 people, 24,752 houses or apartments, and a median cost of homes of $289,321, Rogers real estate is some of the most expensive in Arkansas, although Rogers home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Rogers, accounting for 67.64% of the city's housing units. Other types of housing that are prevalent in Rogers include large apartment complexes or high rise apartments ( 15.59%), row houses and other attached homes ( 7.69%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 7.02%).
The most prevalent building size and type in Rogers are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 58.04% owning and 41.96% renting.
There is a lot of housing in Rogers 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 Rogers built between 2000 and later ( 39.34%). A lesser amount of the housing stock also hails from between 1940-1969 ( 6.18%). There's also some housing in Rogers built before 1939 ( 1.87%).
In the last 10 years, Rogers has experienced some of the highest home appreciation rates of any community in the nation. Rogers real estate appreciated 121.22% over the last ten years, which is an average annual home appreciation rate of 8.26%, putting Rogers in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Rogers definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Appreciation rates are so strong in Rogers that despite a nationwide downturn in the housing market, Rogers real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Rogers appreciation rates continue to be some of the highest in America, at 7.44%, which is higher than appreciation rates in 78.76% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Rogers. Rogers appreciation rates in the latest quarter were at -0.34%, which equates to an annual appreciation rate of -1.36%.
Relative to Arkansas, our data show that Rogers's latest annual appreciation rate is higher than 90% of the other cities and towns in Arkansas.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Rogers differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Rogers - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Rogers real estate investment or home purchase decisions.
$289,321
for Arkansas
for nation
24,752
$1,860 / per month