Is North 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, North Little Rock has remained a Seller's Market.
Housing Prices in North Little Rock, AR
How much do homes in North Little Rock, AR cost?
Median Sold Price
$176,000
$123/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in North Little Rock was $176,000 in April 2024, down 3.8% from last month, and the median price per square foot was $123.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $87.5K | $106K | +21.1% |
3 Bedrooms | $180.5K | $174K | -3.6% |
4 Bedrooms | $271.4K | $296.5K | +9.2% |
5+ Bedrooms | $474.5K | $393K | -17.2% |
Summary: North Little Rock housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.1%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes decreased by 17.2%.
Median Sold Price Compared To Nearby Cities
Scott | $592.5K | $1.0M | +70.5% |
Sherwood | $222.2K | $274.9K | +23.7% |
Hill Township | $192K | $199.5K | +3.9% |
North Little Rock | $183K | $176K | -3.8% |
Maumelle | $317.5K | $245K | -22.8% |
Housing Supply in North Little Rock, AR
How many homes are available in North Little Rock, AR?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
236 | 251 | +6.4% |
Summary: The North Little Rock real estate market had 251 homes for sale in April 2024, a 6.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 31 | 30 | -3.2% |
3 Bedrooms | 136 | 146 | +7.4% |
4 Bedrooms | 57 | 63 | +10.5% |
5+ Bedrooms | 12 | 12 | 0.0% |
Summary: The North Little Rock housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 3.2%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
58 | 83 | +43.1% |
Asking Price vs. Sold Price
37 Homes Were Sold
Under Asking
23 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Summary: A total of 83 homes were sold or pending in North Little Rock in April 2024, up by 43.1% month-over-month. Of the 77 sold homes, 48% were sold under asking, 30% were sold at asking, and 22% were sold over asking.
Days on Market for North Little Rock, AR
We’re sorry, we don't have information for this market at the moment