The housing market in North Little Rock, AR (zip code 72114) is currently strong. According to recent data, the median value of homes in this area is $70,100, which is much lower than the US housing median value of $338,100. Despite the lower value, the appreciation rate for homes in North Little Rock over the past year has been 9.77%, which is higher than the national average rate of 8.27%. This suggests that investments in real estate in this area are performing better than average and could be a great opportunity for potential buyers seeking an affordable home.
The median home cost in North Little Rock (zip 72114) is $70,100. Home appreciation the last 10 years has been 52.4%. Home Appreciation in North Little Rock (zip 72114) is up 18.8%.
Average Age of Homes
- The median age of North Little Rock (zip 72114) real estate is 54 years old
The Rental Market in North Little Rock (zip 72114)
- Renters make up 57.2% of the North Little Rock (zip 72114) population
- 7.8% of houses and apartments in North Little Rock (zip 72114), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.