AR · Metro #81

Little Rock - AR housing market

The Little Rock metro has a typical home value of $232,765, up 3.5% from a year ago. Homes sell in 34 days on average, a balanced market. 23% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$232,765
+3.5% vs. year ago
Median sale price
$243,369
+9.1% YoY
Median list price
$276,333
Sale-to-list ratio
97.7%
Selling below ask
Days on market
34d
Listings w/ price cut
22.8%
New listings / mo
1,076
+4.7% YoY
Homes for sale
4,087
+9.3% YoY
Typical rent
$1,277/mo
+2.3% YoY
Context

How to read this data

The typical home value ($232,765) is the Zillow Home Value Index for the Little Rock - AR metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 3.5% over the past year. In Little Rock - AR, that means a home worth $224,894 last year is now worth roughly $232,765.

The median sale price , what homes actually close for , is $243,369. Homes are selling at 97.7% of list price, meaning buyers have room to negotiate.

Homes listed in Little Rock - AR sit on the market for roughly 34 days before going pending. Shorter = seller's market; longer = buyer's market.

About 22.8% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 1,076 new listings hit the market each month in Little Rock - AR. There are currently 4,087 homes for sale, up 9.3% from a year ago.

The typical monthly rent in Little Rock - AR is $1,277, up 2.3% year over year. For investors, the price-to-rent ratio here is roughly 15x annual rent.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Related

Other metros in AR

MetroHome value1-yr changeDays on market
Fayetteville - AR$370,138 +3.1% 22.0d
Fort Smith - AR$207,502 +4.7% 34.0d
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