The real estate market in 72117 North Little Rock, AR is showing a promising trend for those looking to purchase a home. The median value of housing in the area is $103,000, which is significantly lower than the US median of $338,100. Additionally, the house appreciation rate in North Little Rock was 9.77% over the past year – higher than the US average of 8.27%. This indicates that housing prices are likely to continue rising in this area, making it an ideal location to consider investing in real estate.
The median home cost in North Little Rock (zip 72117) is $103,000. Home appreciation the last 10 years has been 52.4%. Home Appreciation in North Little Rock (zip 72117) is up 18.8%.
Average Age of Homes
- The median age of North Little Rock (zip 72117) real estate is 39 years old
The Rental Market in North Little Rock (zip 72117)
- Renters make up 30.2% of the North Little Rock (zip 72117) population
- 4.2% of houses and apartments in North Little Rock (zip 72117), 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.