AR · Metro #81

Little Rock - AR housing market

The Little Rock metro has a typical home value of $231,039, up 3.5% from a year ago. Homes sell in 36 days on average - a balanced market. 22% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$231,039
+3.5% vs. year ago
Median sale price
$239,001
+7.7% YoY
Median list price
$273,833
Sale-to-list ratio
97.3%
Selling below ask
Days on market
36d
Listings w/ price cut
22.3%
New listings / mo
1,069
+5.3% YoY
Homes for sale
3,970
+10.8% YoY
Typical rent
$1,246/mo
+1.9% YoY
Context

How to read this data

The typical home value ($231,039) 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 $223,226 last year is now worth roughly $231,039.

The median sale price , what homes actually close for , is $239,001. Homes are selling at 97.3% of list price, meaning buyers have room to negotiate.

Homes listed in Little Rock - AR sit on the market for roughly 36 days before going pending. Shorter = seller's market; longer = buyer's market.

About 22.3% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 1,069 new listings hit the market each month in Little Rock - AR. There are currently 3,970 homes for sale, up 10.8% from a year ago.

The typical monthly rent in Little Rock - AR is $1,246, up 1.9% 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$368,497 +3.1% 20.0d
Fort Smith - AR$205,554 +4.6% 37.0d
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