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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Berryville, AR Real Estate Market

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Berryville, AR Housing Market Trends

With a population of 5,751, 2,315 total housing units (homes and apartments), and a median house value of $191,489, house prices in Berryville are solidly below the national average.

Single-family detached homes are the single most common housing type in Berryville, accounting for 82.71% of the city's housing units. Other types of housing that are prevalent in Berryville include duplexes, homes converted to apartments or other small apartment buildings ( 7.84%), large apartment complexes or high rise apartments ( 5.12%), and a few mobile homes or trailers ( 3.09%).

The most prevalent building size and type in Berryville are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 62.22% owning and 37.78% renting.

There is a lot of housing in Berryville 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 Berryville built between 2000 and later ( 25.41%). A lesser amount of the housing stock also hails from between 1940-1969 ( 8.42%). There's also some housing in Berryville built before 1939 ( 6.35%).

Berryville Home Appreciation Rates

Real estate appreciation rates in Berryville's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.74% during the period.

Appreciation rates are so strong in Berryville that despite a nationwide downturn in the housing market, Berryville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Berryville appreciation rates continue to be some of the highest in America, at 8.45%, which is higher than appreciation rates in 75.14% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Berryville. Berryville appreciation rates in the latest quarter were at 2.97%, which equates to an annual appreciation rate of 12.43%.

Relative to Arkansas, our data show that Berryville's latest annual appreciation rate is higher than 50% of the other cities and towns in Arkansas.

Average Home Values

Median Home Value

$191,489

Berryville, AR Home Prices
> $1,317,000
$987,001 - $1,317,000
$658,001 - $987,000
$526,001 - $658,000
$395,001 - $526,000
$263,001 - $395,000
$132,001 - $263,000
$66,001 - $132,000
$0 - $66,000
0.0%
0.0%
1.6%
1.6%
1.2%
1.2%
4.8%
4.8%
4.3%
4.3%
12.2%
12.2%
46.1%
46.1%
23.9%
23.9%
5.9%
5.9%
0% 100.0%
% of Homes
High

for Arkansas

Low

for nation

Number of Homes And Apartments:

2,315

Berryville Appreciation Rates

Rent & Ownership

Average Market Rent:

$971 / per month

Homeownership Rate

Owners
Renters
62.2%
62.2%
37.8%
37.8%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
4.5%
4.5%
95.5%
95.5%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
25.4%
25.4%
59.8%
59.8%
8.4%
8.4%
6.4%
6.4%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
82.7%
82.7%
1.2%
1.2%
7.8%
7.8%
5.1%
5.1%
3.1%
3.1%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.0%
0.0%
9.2%
9.2%
28.3%
28.3%
40.9%
40.9%
20.3%
20.3%
1.3%
1.3%
0% 100.0%
% of Homes

Popular Neighborhoods in Berryville

Zip Codes in Berryville, AR