The housing market in Little Rock, AR (zip code 72211) is flourishing. The median value of a home there currently stands at $255,500, which is significantly lower than the US median of $338,100. Despite the lower price tag, homes in Little Rock have seen an appreciation rate of 11.15% over the last year – higher than the national average of 8.27%. This indicates that Little Rock's housing market is growing at a rapid rate and offers great opportunity for potential buyers to take advantage of affordable housing and rising values.
The median home cost in Little Rock (zip 72211) is $255,500. Home appreciation the last 10 years has been 48.6%. Home Appreciation in Little Rock (zip 72211) is up 11.9%.
Average Age of Homes
- The median age of Little Rock (zip 72211) real estate is 28 years old
The Rental Market in Little Rock (zip 72211)
- Renters make up 32.6% of the Little Rock (zip 72211) population
- 4.4% of houses and apartments in Little Rock (zip 72211), 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.