The median value of housing in North Little Rock, AR (72116) is $221,100, which is significantly lower than the US median housing value of $338,100. However, the appreciation rate of housing in this area has been higher than the national average over the past year at 9.77%. This suggests that investing in property in North Little Rock can be a wise financial decision for potential buyers.
The median home cost in North Little Rock (zip 72116) is $221,100. Home appreciation the last 10 years has been 52.4%. Home Appreciation in North Little Rock (zip 72116) is up 18.8%.
Average Age of Homes
- The median age of North Little Rock (zip 72116) real estate is 44 years old
The Rental Market in North Little Rock (zip 72116)
- Renters make up 30.4% of the North Little Rock (zip 72116) population
- 4.8% of houses and apartments in North Little Rock (zip 72116), 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.