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 1,900, 738 total housing units (homes and apartments), and a median house value of $149,636, house prices in Judsonia are solidly below the national average.
Single-family detached homes are the single most common housing type in Judsonia, accounting for 66.47% of the city's housing units. Other types of housing that are prevalent in Judsonia include mobile homes or trailers ( 22.24%), duplexes, homes converted to apartments or other small apartment buildings ( 6.80%), and a few large apartment complexes or high rise apartments ( 3.57%).
The most prevalent building size and type in Judsonia are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 55.14% owning and 44.86% renting.
There is a lot of housing in Judsonia 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 Judsonia built between 1940-1969 ( 18.89%). A lesser amount of the housing stock also hails from between 2000 and later ( 13.13%). There's also some housing in Judsonia built before 1939 ( 3.34%).
Vacant housing appears to be an issue in Judsonia. Fully 14.98% of the housing stock is classified as vacant. Left unchecked, vacant Judsonia homes and apartments can be a drag on the real estate market, holding Judsonia real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Judsonia's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Judsonia during the period has been just 5.67%, which is lower than 70% of US communities.
NeighborhoodScout's data show that during the latest twelve months, Judsonia's appreciation rate, at 3.57%, has been at or slightly above the national average. In the latest quarter, Judsonia's appreciation rate has been 1.58%, which annualizes to a rate of 6.46%.
Importantly, this makes Judsonia one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
Relative to Arkansas, our data show that Judsonia's latest annual appreciation rate is higher than 70% of the other cities and towns in Arkansas.
$149,636
for Arkansas
for nation
738
$1,022 / per month