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 4,672 people, 1,614 houses or apartments, and a median cost of homes of $238,734, house prices in Gentry are solidly below the national average.
Single-family detached homes are the single most common housing type in Gentry, accounting for 85.96% of the city's housing units. Other types of housing that are prevalent in Gentry include duplexes, homes converted to apartments or other small apartment buildings ( 6.28%), row houses and other attached homes ( 5.09%), and a few large apartment complexes or high rise apartments ( 2.13%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Gentry. Owner-occupied housing accounts for 67.73% of Gentry's homes, and 78.79% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Gentry 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 Gentry built between 2000 and later ( 38.98%). A lesser amount of the housing stock also hails from between 1940-1969 ( 5.33%). There's also some housing in Gentry built before 1939 ( 1.13%).
Appreciation rates for homes in Gentry have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 110.71%, which ranks in the top 30% nationwide. This equates to an annual average Gentry house appreciation rate of 7.74%.
Over the last year, Gentry appreciation rates have trailed the rest of the nation. In the last twelve months, Gentry's appreciation rate has been 2.08%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Gentry were at 1.16%, which equates to an annual appreciation rate of 4.73%.
Relative to Arkansas, our data show that Gentry's latest annual appreciation rate is lower than 70% of the other cities and towns in Arkansas.
$238,734
for Arkansas
for nation
1,614
$1,487 / per month