Is Little Rock, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Little Rock has remained a Seller's Market.
Housing Prices in Little Rock, AR
How much do homes in Little Rock, AR cost?
Median Sold Price
$225,000
$134/sqft
Based on all homes sold in February 2024.
The Median Sold Price hasn't changed since January 2024.
Summary: The median home sold price in Little Rock was $225,000 in February 2024, the same as last month, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $103K | $138.5K | +34.5% |
3 Bedrooms | $192.5K | $214K | +11.2% |
4 Bedrooms | $415K | $385.5K | -7.1% |
5+ Bedrooms | $700K | $644.9K | -7.9% |
Summary: Little Rock housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 34.5%, 3 bedroom homes increased by 11.2%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 7.9%.
Median Sold Price Compared To Nearby Cities
Big Rock Township | $225K | $227.5K | +1.1% |
Little Rock | $225K | $225K | 0.0% |
Shannon Hills | $190.5K | $173K | -9.2% |
Alexander | $235K | $212.5K | -9.6% |
Housing Supply in Little Rock, AR
How many homes are available in Little Rock, AR?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
751 | 849 | +13.0% |
Summary: The Little Rock real estate market had 849 homes for sale in February 2024, a 13.0% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 13 | 16 | +23.1% |
2 Bedrooms | 102 | 114 | +11.8% |
3 Bedrooms | 375 | 431 | +14.9% |
4 Bedrooms | 214 | 235 | +9.8% |
5+ Bedrooms | 47 | 53 | +12.8% |
Summary: The Little Rock housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 23.1%, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 14.9%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes increased by 12.8%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
152 | 157 | +3.3% |
Asking Price vs. Sold Price
64 Homes Were Sold
Under Asking
55 Homes Were Sold
At Asking
26 Homes Were Sold
Over Asking
Summary: A total of 157 homes were sold or pending in Little Rock in February 2024, up by 3.3% month-over-month. Of the 145 sold homes, 44% were sold under asking, 38% were sold at asking, and 18% were sold over asking.
Days on Market for Little Rock, AR
We’re sorry, we don't have information for this market at the moment
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 157 homes were sold in Little Rock; 1% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.