North Little Rock, AR72117

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$139,000
2.0% YoY Growth
Median Household Income
$41,700
12.3% 5-Year Growth
Days on Market
78
12.0% Longer than last year
Home Price Forecast
0.4%
Median Rent
$925
7.7% YoY Growth
1-Bed Rent
$595
19.6% YoY Growth
2-Bed Rent
$850
10.9% YoY Growth
3-Bed Rent
$1,100
6.3% 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 78. This is a increase of 12.0% 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 19.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$128,0002.0%
Listing Count
8619.0%
Listings as % of Homes0.8%19.0%
Days on Market
7812.0%
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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 14,300, which has remained stable by -0.4% over the past 5 years. North Little Rock, AR is a popular place for families, as children make up 28.3% of the population. The area has a moderately educated workforce, with 27.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.8% reporting working from home.

MetricLatest CensusYoY % Change
Population
14,300-0.4%
% Under 18
28.3%19.4%
% Seniors
14.5%9.8%
% WFH
10.8%151.2%
% w/ College Degree
27.7%78.7%
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As of the latest ACS Survey released in 2023, North Little Rock, AR is a predominantly black area, with 62.6% of the population identifying as black. The black population has shrunk by 8.3% in the last 5 years. The second most common race or ethnicity in North Little Rock, AR is white, making up 23.8% of the population. Foreign-born residents account for 3.3% of the population in North Little Rock, AR, and this percentage has increased by 94.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
23.8%2.1%
% Black
62.6%-8.3%
% Hispanic
5.3%10.4%
% Asian
0.8%-38.5%
% Foreign Born
3.3%94.1%
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Mortgage and Risk — North Little Rock, AR

According to HUD data as of 2023, there were 248 mortgage originations in North Little Rock, AR, of which 54.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 48.0% above 90% LTV (very high). This implies large mortgage risk in North Little Rock, AR. Investor activity is low, as 6.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
248
% Conventional Loans
54.0%
% Government Loans
46.0%
% Investor Loans
6.0%
% Second Loans
1.0%
% Cash Out Refinance
13.0%

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 18.9%. 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
363
Total Units Section 8
363
% Rentals under Section 8
18.9%
% Occupied Section 8
80.4%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$345$595$940
2 Bedroom$240$850$1,090
3 Bedroom$350$1,100$1,450
4 Bedroom$220$1,500$1,720

Affordability — North Little Rock, AR

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.3
Median Home Price$139,000
Median Household Income$41,700

North Little Rock, AR — ZIP Code Boundary Map

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Frequently Asked Questions