North Little Rock, AR 72117 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

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North Little Rock, AR—72117

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$143,000

1.4% YoY Growth

Household Income

$41,700

12.3% YoY Growth

Days on Market

68

3.0% Longer YoY

Home Price Forecast

1.7%

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

72116 72118 72114

Home Price Trends — North Little Rock, AR

As of Dec '25, the median home price in North Little Rock, AR is $143,000, with a year-over-year change of -1.4%. This indicates that home prices in North Little Rock, AR are decreasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$143,000	-1.4%
Single Family	$143,000	-1.4%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — North Little Rock, AR

As of July '25, Rentcast reports the average rent in North Little Rock, AR is $1,060, with a year-over-year rent change of 7.7%. Per bedroom, the median rent as of July '25 in North Little Rock, AR is studios: $850, 1-bedrooms: $598, 2-bedrooms: $831, 3-bedrooms: $1,180, 4-bedrooms: $1,510. The most common rental property sizes in North Little Rock, AR are 3-bedroom and 2-bedroom, accounting for 65.1% and 25.2% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$925	$1,060
Studio Rent	$850	$850
1 Bed Rent	$595	$598
2 Bed Rent	$850	$831
3 Bed Rent	$1,100	$1,180
4 Bed Rent	$1,500	$1,510

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% of Rental Stock

1 Bedroom

5.8%

2 Bedrooms

25.2%

3 Bedrooms

65.1%

4 Bedrooms

3.8%

Property Listings — North Little Rock, AR

As of Dec '25, Realtor.com reports that the median days on market for a home in North Little Rock, AR is 80. This is a increase of 4.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$119,000	5.0%
Listing Count	66	15.0%
Listings as % of Homes	0.8%	15.0%
Days on Market	68	3.0%

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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.

Metric	Latest Census	YoY % 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

Metric	Latest Census	5-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

Metric	Zip 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%

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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 Size	HUD Premium	Market Rent	Max 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