Real Estate in North little rock, AR
Updated 2026 β’ Housing market data from 7 zip codes β’ Redfin data through January 2026
π North little rock, AR Market Activity
The North little rock housing market shows a median sale price of $175,000, -1.0% lower than last year. The price per square foot is $106, below the national median of ~$215/sqft, up 8.0% year-over-year. Homes in North little rock spend a median of 72 days on market, longer than the national median of 42 days β giving buyers more negotiation room.
ποΈ North little rock Rental Market
The average rent in North little rock, AR is $1,161 per month. A 2-bedroom apartment rents for approximately $861/month, while a 3-bedroom home averages $1,296/month.
π¦ North little rock Housing Supply & Demand
There are 180 new listings and 240 active properties on the market.
π North little rock Market Competitiveness
Homes in North little rock sell for an average of 96.0% of their asking price. About 13% of properties sell above list price, indicating relatively low bidding pressure.
On average, homes sell for 96.0% of the asking price
13% of sales closed above asking, % at or below
π Housing Overview
North little rock, AR Housing Market Insights
Delve into the specifics of the real estate market in this area. Understanding key metrics such as the median home price of 136000, the balance between renting (52%) and owning (48%), and a population of 64627 provides valuable insights for potential buyers, sellers, and investors. It is important to note that neighborhood characteristics can vary drastically, and decisions should not solely rely on data available without visiting. Many factors can differ, so do consider inspecting areas in-person to avoid potential mismatches in choice.
Rent vs. Buy Analysis
With a median home price of $136,000 and average rents of $1,161/month, the median household income of $49,166 provides context for affordability in North little rock. Whether you're looking to buy property in North little rock or invest in North little rock real estate, understanding the price-to-rent ratio helps determine if renting or owning makes more financial sense for your situation. A 2-bedroom apartment rents for approximately $861/month, while a 3-bedroom house averages $1,296/month.
Economy & What Drives North little rock Real Estate
Real estate values in North little rock, AR are driven by local employment, school quality, and quality of life. The cost of living index of 59.6 (U.S. average = 100) reflects the overall affordability of the area. With a median household income of $49,166, residents have moderate purchasing power. Proximity to major employers, universities, and transportation corridors directly influences home values and demand across North little rock neighborhoods.
Pros & Cons
Pros
- β’Family-friendly parks
- β’Friendly community atmosphere
- β’Outdoor activities available
- β’Access to nearby nature trails
- β’Diverse recreational options
- β’Affordable cost of living
- β’Growing job market
- β’Active nightlife scene
- β’Local arts and festivals
- β’Rich local history
Cons
- β’Underfunded schools
- β’Traffic congestion issues
- β’Higher crime rates reported
- β’Limited public transportation
- β’Some social economic challenges
- β’Inconsistent job opportunities
- β’Winter weather can be harsh
- β’Humidity in summer months
- β’Racial tensions in areas
- β’Limited cultural amenities
Frequently Asked Questions
What is the cost of living in North little rock, AR? βΌ
The cost of living in North little rock, AR is 40% lower than the national average, with a cost of living index of 60 (where 100 represents the U.S. average). Housing typically accounts for the largest portion of living expenses. See full cost of living breakdown β
How much does it cost to buy or rent a home in North little rock, AR? βΌ
In North little rock, AR, The median home price is $136,000. requiring approximately $72,000 annual income to afford. Average rent is $1,161/month (requiring ~$46,451/year income). The local median household income is $49,166, making homeownership attainable for typical residents. Explore North little rock real estate data β
Is North little rock, AR a safe place to live? βΌ
North little rock, AR is an area where crime rates exceed the national average. The crime rate is 47.3 per 1,000 residents. Safety varies significantly by neighborhood. View detailed North little rock crime statistics β
What salary do you need to live comfortably in North little rock, AR? βΌ
To live comfortably in North little rock, AR and afford a median-priced home of $136,000, you would typically need a household income of $34,000 to $42,500 per year. The local median household income is $49,166. Renting requires approximately $46,451/year (at $1,161/month). See full affordability analysis β
Is North little rock, AR growing? βΌ
North little rock, AR has a population of 64,627. As a mid-to-large city, population trends depend on local housing development, job growth, and quality of life factors. The affordable housing market and competitive job market shape migration patterns. See North little rock population demographics β
What are the best neighborhoods in North little rock, AR? βΌ
The best neighborhoods in North little rock, AR depend on your priorities. For families, look for areas near top-rated schools with lower crime rates. For affordability, neighborhoods throughout the city offer good value since the median home price of $136,000 is below the national average. Explore North little rock on our interactive map β
What is the commute like in North little rock, AR? βΌ
Commute times in North little rock, AR vary by neighborhood and workplace location. As a mid-size community, most residents rely on personal vehicles, though public transit options may be available. The affordable cost of living may allow for housing closer to employment centers. Explore commute times on our map β
How are the taxes in North little rock, AR? βΌ
Tax rates in North little rock, AR include state and local components. The cost of living index of 60 suggests a lower overall tax and expense burden cost environment compared to the national average. View detailed North little rock tax information β
How does North little rock, AR compare to nearby cities? βΌ
North little rock, AR offers a more affordable alternative to nearby communities. With a cost of living index of 60, median home prices of $136,000, and a crime rate of 47.32 per 1,000 residents, you can compare these metrics side-by-side. Use the compare feature to evaluate specific cities.
What is the weather like in North little rock, AR? βΌ
Weather in North little rock, AR varies by season. Climate data varies by season. View detailed North little rock climate & environment data β
Is it better to rent or buy in North little rock, AR? βΌ
With a median home price of $136,000 and average rents of $1,161/month, the price-to-rent ratio in North little rock is 9.8x. This favors buying, as monthly mortgage payments may be comparable to or lower than rent. See full cost analysis β
What is the price per square foot in North little rock, AR? βΌ
The median price per square foot in North little rock is $106, which is 51% below the national median of ~$215/sqft. This reflects the area's demand, construction costs, and proximity to employment centers.
How fast do homes sell in North little rock, AR? βΌ
Homes in North little rock spend a median of 72 days on market before going under contract. This indicates homes take longer than the national median of 42 days, giving buyers more negotiating room. View full market data β
Explore More About North little rock, AR
π Last Updated: January 2026
Sources: U.S. Census Bureau, Zillow, Redfin