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North Little Rock, AR—72114

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$90,000
9.9% YoY Growth
Household Income
$28,600
41.0% YoY Growth
Days on Market
83
24.0% Shorter YoY
Home Price Forecast
0.4%
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

721167211772118
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — North Little Rock, AR

As of May '26, the median home price in North Little Rock, AR is $90,000, with a year-over-year change of -9.9%. This indicates that home prices in North Little Rock, AR are decreasing. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$90,000-9.9%
Single Family $90,000-7.2%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$78,000-11.4%
    3 Bed
    		$110,000-2.7%
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    5.5%
    1 Bedroom
    28.7%
    2 Bedrooms
    40.2%
    3 Bedrooms
    21.4%
    4 Bedrooms
    3.9%
    5+ Bedrooms
    0.4%

    Rental Trends — North Little Rock, AR

    As of July '25, Rentcast reports the average rent in North Little Rock, AR is $960, with a year-over-year rent change of 9.2%. Per bedroom, the median rent as of July '25 in North Little Rock, AR is studios: $948, 1-bedrooms: $835, 2-bedrooms: $916, 3-bedrooms: $1,060, 4-bedrooms: $1,350. The most common rental property sizes in North Little Rock, AR are 2-bedroom and 1-bedroom, accounting for 43.9% and 33.2% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$895$960
    Studio Rent $700$948
    1 Bed Rent $700$835
    2 Bed Rent $795$916
    3 Bed Rent $1,000$1,060
    4 Bed Rent $1,450$1,350
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    % of Rental Stock

    Studio
    8.1%
    1 Bedroom
    33.2%
    2 Bedrooms
    43.9%
    3 Bedrooms
    14.1%
    4 Bedrooms
    0.3%
    5+ Bedrooms
    0.3%

    Property Listings — North Little Rock, AR

    As of May '26, Realtor.com reports that the median days on market for a home in North Little Rock, AR is 83. This is a decrease of -24.0% 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 9.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$130,00038.0%
    Listing Count
    		45-39.0%
    Listings as % of Homes0.5%-39.0%
    Days on Market
    		83-24.0%
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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%
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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 Ratio3.5
    Median Home Price$90,000
    Median Household Income$28,600

    North Little Rock, AR — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Downtown Little Rock, Little Rock, AR

    72201

    MacArthur Park, Little Rock, AR

    72202

    North Little Rock, AR

    72116

    Chenal / Pleasant Ridge, Little Rock, AR

    72207

    North Little Rock, Little Rock, AR

    72205

    Frequently Asked Questions