North Little Rock, AR72114

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$84,000
14.8% YoY Growth
Median Household Income
$28,600
41.0% 5-Year Growth
Days on Market
70
45.0% Shorter than last year
Home Price Forecast
-1.2%
Median Rent
$895
9.2% YoY Growth
1-Bed Rent
$700
26.5% YoY Growth
2-Bed Rent
$795
11.8% YoY Growth
3-Bed Rent
$1,000
0.9% YoY Growth

Other Zip Codes in North Little Rock, AR

Property Listings — North Little Rock, AR

As of Oct '25, Realtor.com reports that the median days on market for a home in North Little Rock, AR is 70. This is a decrease of -45.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 20.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$111,00014.0%
Listing Count
49-36.0%
Listings as % of Homes0.5%-36.0%
Days on Market
70-45.0%
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Demographics — North Little Rock, AR

As of the latest ACS Survey released in 2023, North Little Rock, AR has a population of 10,500, which has decreased by -11.8% over the past 5 years. North Little Rock, AR is a moderately popular place for families, as children make up 21.6% of the population. The area has a poorly educated workforce, with 19.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.6% reporting working from home.

MetricLatest CensusYoY % Change
Population
10,500-11.8%
% Under 18
21.6%-24.5%
% Seniors
14.7%14.8%
% WFH
4.6%58.6%
% w/ College Degree
19.3%48.5%
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As of the latest ACS Survey released in 2023, North Little Rock, AR is a predominantly black area, with 70.4% of the population identifying as black. The black population has shrunk by 2.1% in the last 5 years. The second most common race or ethnicity in North Little Rock, AR is white, making up 23.1% of the population. Foreign-born residents account for 3.4% of the population in North Little Rock, AR, and this percentage has increased by 21.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
23.1%16.7%
% Black
70.4%-2.1%
% Hispanic
4.5%2.3%
% Asian
1.0%400.0%
% Foreign Born
3.4%21.4%
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Mortgage and Risk — North Little Rock, AR

According to HUD data as of 2023, there were 90 mortgage originations in North Little Rock, AR, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in North Little Rock, AR. Investor activity is high, as 30.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
90
% Conventional Loans
73.0%
% Government Loans
27.0%
% Investor Loans
30.0%
% Second Loans
1.0%
% Cash Out Refinance
7.0%

Loan Activity

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Rentals and Section 8 — North Little Rock, AR

As of 2024, the percent of homes in North Little Rock, AR under the Section 8 program is 43.5%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In North Little Rock, AR, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

Section 8 Market Size

Total Units under HUD
1,650
Total Units Section 8
1,639
% Rentals under Section 8
43.5%
% Occupied Section 8
79.2%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$160$700$860
2 Bedroom$195$795$990
3 Bedroom$310$1,000$1,310
4 Bedroom$100$1,450$1,550

Affordability — North Little Rock, AR

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.1
Median Home Price$84,000
Median Household Income$28,600

North Little Rock, AR — ZIP Code Boundary Map

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Frequently Asked Questions