North Little Rock, AR72116

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$239,000
1.3% YoY Growth
Median Household Income
$75,500
21.7% 5-Year Growth
Days on Market
48
17.0% Longer than last year
Home Price Forecast
0.1%
Median Rent
$1,400
5.2% YoY Growth
1-Bed Rent
$830
6.8% YoY Growth
2-Bed Rent
$850
10.9% YoY Growth
3-Bed Rent
$1,500
7.7% 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 48. This is a increase of 17.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 30.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$275,0003.0%
Listing Count
13346.0%
Listings as % of Homes0.4%46.0%
Days on Market
4817.0%
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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 21,100, which has decreased by -5.6% over the past 5 years. North Little Rock, AR is a moderately popular place for families, as children make up 19.3% of the population. The area has a moderately educated workforce, with 42.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.4% reporting working from home.

MetricLatest CensusYoY % Change
Population
21,100-5.6%
% Under 18
19.3%-10.6%
% Seniors
24.2%48.5%
% WFH
9.4%203.2%
% w/ College Degree
42.4%-4.3%
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As of the latest ACS Survey released in 2023, North Little Rock, AR is a predominantly white area, with 74.3% of the population identifying as white. The white population has grown by 3.2% in the last 5 years. The second most common race or ethnicity in North Little Rock, AR is black, making up 16.2% of the population. Foreign-born residents account for 2.6% of the population in North Little Rock, AR, and this percentage has decreased by 7.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
74.3%3.2%
% Black
16.2%-16.1%
% Hispanic
3.1%-26.2%
% Asian
1.2%20.0%
% Foreign Born
2.6%-7.1%
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Mortgage and Risk — North Little Rock, AR

According to HUD data as of 2023, there were 372 mortgage originations in North Little Rock, AR, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in North Little Rock, AR. Investor activity is low, as 4.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
372
% Conventional Loans
73.0%
% Government Loans
27.0%
% Investor Loans
4.0%
% Second Loans
0.0%
% Cash Out Refinance
9.0%

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 5.4%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in North Little Rock, AR, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD
213
Total Units Section 8
213
% Rentals under Section 8
5.4%
% Occupied Section 8
81.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$90$830$920
2 Bedroom$220$850$1,070
3 Bedroom-$70$1,500$1,430
4 Bedroom-$10$1,700$1,690

Affordability — North Little Rock, AR

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3
Median Home Price$239,000
Median Household Income$75,500

North Little Rock, AR — ZIP Code Boundary Map

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Frequently Asked Questions