Zip 72118 (North Little Rock, AR) Housing

The housing market in 72118 North Little Rock, AR is a great place to invest in real estate. The median value of housing in the area is $119,200, which is lower than the US median value at $338,100. Furthermore, the one year appreciation for homes here is 9.77%, which is higher than the national average of 8.27%. This means that investing in this neighborhood can provide good returns and appreciation over time. North Little Rock offers many amenities and attractions, making it an attractive option for home buyers looking for a place to settle down or purchase rental property.

The median home cost in North Little Rock (zip 72118) is $119,200. Home appreciation the last 10 years has been 52.4%. Home Appreciation in North Little Rock (zip 72118) is up 18.8%.

Average Age of Homes

- The median age of North Little Rock (zip 72118) real estate is 46 years old

The Rental Market in North Little Rock (zip 72118)

- Renters make up 28.2% of the North Little Rock (zip 72118) population
- 2.8% of houses and apartments in North Little Rock (zip 72118), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	North Little Rock, Arkansas	United States
	10,166.0	139,647,020.0
	50	42
	$119,200	$338,100
	18.8%	16.6%
	45.3%	57.0%
	52.4%	101.1%
	$7.88	$10.98
	$805	$2,690
	51.7%	57.4%
	11.5%	11.2%
	36.7%	31.4%
Vacant Housing
	2.8%	1.9%
	0.3%	0.4%
	0.9%	0.7%
	0.2%	0.4%
	0.2%	3.6%
	7.2%	4.1%
Value of Owner-Occupied Housing
	4.1%	2.6%
	4.4%	2.4%
	6.5%	2.8%
	13.8%	3.9%
	19.7%	4.5%
	28.8%	11.3%
	13.0%	13.0%
	4.8%	20.1%
	2.5%	13.6%
	1.7%	8.3%
	0.1%	9.7%
	0.1%	3.9%
	0.4%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	6.4%	13.6%
	6.4%	13.6%
	6.6%	13.6%
	9.3%	13.2%
	24.3%	14.8%
	6.6%	13.6%
	19.5%	10.0%
	4.1%	4.7%
	2.5%	12.2%

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