$1,958 Closing Credit*
$164,900
1,600 SqFt
2 Beds
•2 Full Baths
#24043345, Manuela Moon, Listing Office: CBRPM WLR
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
Last month, Little Rock was a Seller's Market.
Key Takeaway
Little Rock is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Little Rock, AR
How much do homes in Little Rock, AR cost?
Median Sold Price
$257,500
$139/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$12,166(+5.0%)
Key Takeaway
Homes in Little Rock have sold for 5% more than they did a month ago.
Summary: The median home sold price in Little Rock was $257,500 in November 2024, up 5% from last month, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $130K | $144.5K | +11.2% |
| 2 Bedrooms | $189.9K | $147K | -22.6% |
| 3 Bedrooms | $210K | $230K | +9.5% |
| 4 Bedrooms | $385K | $420.5K | +9.2% |
| 5+ Bedrooms | $625K | $650K | +4.0% |
Summary: Little Rock housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes increased by 11.2%, 2 bedroom homes decreased by 22.6%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes increased by 4%.
Median Sold Price Compared To Nearby Cities
| Little Rock | $245.3K | $257.5K | +5.0% |
| Big Rock Township | $249.9K | $257.5K | +3.0% |
Housing Supply in Little Rock, AR
How many homes are available in Little Rock, AR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1,055 | 1,059 | 0.4% |
Summary: The Little Rock real estate market had 1,059 homes for sale in November 2024, a 0.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 20 | 17 | -15.0% |
| 2 Bedrooms | 130 | 136 | +4.6% |
| 3 Bedrooms | 539 | 534 | -0.9% |
| 4 Bedrooms | 303 | 298 | -1.7% |
| 5+ Bedrooms | 63 | 74 | +17.5% |
Summary: The Little Rock housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 15%, 2 bedroom homes increased by 4.6%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes increased by 17.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 226 | 173 | -23.5% |
Asking Price vs. Sold Price
86 Homes Were Sold
Under Asking
49 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Little Rock, you may be able to get a good deal. 54.4% of homes here sold below asking price last month.
Summary: A total of 173 homes were sold or pending in Little Rock in November 2024, down by 23.5% month-over-month. Of the 158 sold homes, 54% were sold under asking, 31% were sold at asking, and 15% 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
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