North Little Rock, Little Rock, AR—72205
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — North Little Rock, Little Rock, AR
As of Oct '25, the median home price in North Little Rock, Little Rock, AR is $220,000, with a year-over-year change of -0.8%. This indicates that home prices in North Little Rock, Little Rock, AR are flat. According to Zillow, the 1-year price projection is -0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $220,000 | -0.8% |
| Single Family | $221,000 | -0.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $201,000 | 1.0% |
3 Bed | $221,000 | 0.0% |
4 Bed | $318,000 | -0.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — North Little Rock, Little Rock, AR
As of July '25, Rentcast reports the average rent in North Little Rock, Little Rock, AR is $1,360, with a year-over-year rent change of 3.0%. Per bedroom, the median rent as of July '25 in North Little Rock, Little Rock, AR is studios: $822, 1-bedrooms: $905, 2-bedrooms: $1,290, 3-bedrooms: $1,670, 4-bedrooms: $2,000. The most common rental property sizes in North Little Rock, Little Rock, AR are 2-bedroom and 3-bedroom, accounting for 42.1% and 27.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,360 |
| Studio Rent | $725 | $822 |
| 1 Bed Rent | $895 | $905 |
| 2 Bed Rent | $1,250 | $1,290 |
| 3 Bed Rent | $1,540 | $1,670 |
| 4 Bed Rent | $1,900 | $2,000 |
% of Rental Stock
Property Listings — North Little Rock, Little Rock, AR
As of Oct '25, Realtor.com reports that the median days on market for a home in North Little Rock, Little Rock, AR is 44. This is a decrease of -9.0% 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 41.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $265,000 | -3.0% |
Listing Count | 123 | 4.0% |
| Listings as % of Homes | 0.4% | 4.0% |
Days on Market | 44 | -9.0% |
Demographics — North Little Rock, Little Rock, AR
As of the latest ACS Survey released in 2023, North Little Rock, Little Rock, AR has a population of 22,300, which has decreased by -4.2% over the past 5 years. North Little Rock, Little Rock, AR is a moderately popular place for families, as children make up 18.9% of the population. The area has a highly educated workforce, with 53.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 22,300 | -4.2% |
% Under 18 | 18.9% | 11.8% |
% Seniors | 17.6% | 5.4% |
% WFH | 8.6% | 79.2% |
% w/ College Degree | 53.8% | 6.1% |
As of the latest ACS Survey released in 2023, North Little Rock, Little Rock, AR is a predominantly white area, with 64.0% of the population identifying as white. The white population has grown by 1.7% in the last 5 years. The second most common race or ethnicity in North Little Rock, Little Rock, AR is black, making up 26.1% of the population. Foreign-born residents account for 4.2% of the population in North Little Rock, Little Rock, AR, and this percentage has decreased by 46.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 64.0% | 1.7% |
% Black | 26.1% | 2.8% |
% Hispanic | 3.0% | 25.0% |
% Asian | 3.0% | -52.4% |
% Foreign Born | 4.2% | -46.8% |
Mortgage and Risk — North Little Rock, Little Rock, AR
According to HUD data as of 2023, there were 404 mortgage originations in North Little Rock, Little Rock, AR, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in North Little Rock, Little Rock, AR. Investor activity is low, as 10.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 404 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 10.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — North Little Rock, Little Rock, AR
As of 2024, the percent of homes in North Little Rock, Little Rock, AR under the Section 8 program is 10.1%. 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 units appear to be good home sizes to consider for Section 8 housing in North Little Rock, Little Rock, AR, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 587 |
Total Units Section 8 | 582 |
% Rentals under Section 8 | 10.1% |
% Occupied Section 8 | 79.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $65 | $895 | $960 |
| 2 Bedroom | -$140 | $1,250 | $1,110 |
| 3 Bedroom | -$60 | $1,540 | $1,480 |
| 4 Bedroom | -$150 | $1,900 | $1,750 |
Affordability — North Little Rock, Little Rock, AR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $220,000 |
| Median Household Income | $62,900 |