Is Little Rock, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Little Rock has remained a Seller's Market.
Housing Prices in Little Rock, AR
How much do homes in Little Rock, AR cost?
Median Sold Price
$259,500
$141/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Little Rock was $259,500 in April 2024, up 10.9% from last month, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $154K | $227K | +47.4% |
2 Bedrooms | $103.7K | $159K | +53.3% |
3 Bedrooms | $187K | $216.3K | +15.7% |
4 Bedrooms | $410K | $409.9K | 0% |
5+ Bedrooms | $492K | $517K | +5.1% |
Summary: Little Rock housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes increased by 47.4%, 2 bedroom homes increased by 53.3%, 3 bedroom homes increased by 15.7%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 5.1%.
Median Sold Price Compared To Nearby Cities
Shannon Hills | $191K | $279K | +46.1% |
Alexander | $213K | $244K | +14.6% |
Cammack Village | $355K | $405.9K | +14.4% |
Little Rock | $234K | $259.5K | +10.9% |
Big Rock Township | $237K | $255.5K | +7.8% |
Housing Supply in Little Rock, AR
How many homes are available in Little Rock, AR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
902 | 980 | +8.6% |
Summary: The Little Rock real estate market had 980 homes for sale in April 2024, a 8.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 13 | 11 | -15.4% |
2 Bedrooms | 128 | 137 | +7.0% |
3 Bedrooms | 453 | 499 | +10.2% |
4 Bedrooms | 258 | 270 | +4.7% |
5+ Bedrooms | 50 | 63 | +26.0% |
Summary: The Little Rock housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 15.4%, 2 bedroom homes increased by 7%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 26%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
233 | 242 | +3.9% |
Asking Price vs. Sold Price
117 Homes Were Sold
Under Asking
66 Homes Were Sold
At Asking
45 Homes Were Sold
Over Asking
Summary: A total of 242 homes were sold or pending in Little Rock in April 2024, up by 3.9% month-over-month. Of the 228 sold homes, 51% were sold under asking, 29% were sold at asking, and 20% were sold over asking.
Days on Market for Little Rock, AR
We’re sorry, we don't have information for this market at the moment