$534 Closing Credit*
$45,000
1,232 SqFt
2 Beds
•1 Full Bath
#25000575, Selina Felton, Listing Office: Danali Real Estate
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.
Key Takeaway
Little Rock is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Little Rock, AR
How much do homes in Little Rock, AR cost?
Median Sold Price
$231,000
$133/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
-$23,200(-9.1%)
Key Takeaway
Homes in Little Rock have sold for 9.1% less than they did a month ago.
Summary: The median home sold price in Little Rock was $231,000 in December 2024, down 9.1% from last month, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $144.5K | $184.9K | +28.0% |
| 2 Bedrooms | $147K | $175.5K | +19.4% |
| 3 Bedrooms | $230K | $202K | -12.2% |
| 4 Bedrooms | $390K | $355K | -9.0% |
| 5+ Bedrooms | $650K | $582K | -10.5% |
Summary: Little Rock housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes increased by 28%, 2 bedroom homes increased by 19.4%, 3 bedroom homes decreased by 12.2%, 4 bedroom homes decreased by 9%, and 5+ bedroom homes decreased by 10.5%.
Median Sold Price Compared To Nearby Cities
| Big Rock Township | $253.5K | $239.7K | -5.4% |
| Little Rock | $254.2K | $231K | -9.1% |
| Shannon Hills | $180K | $140.2K | -22.1% |
| Alexander | $420K | $282.5K | -32.7% |
Housing Supply in Little Rock, AR
How many homes are available in Little Rock, AR?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 924 | 923 | -0.1% |
Summary: The Little Rock real estate market had 923 homes for sale in December 2024, a 0.1% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 17 | 18 | +5.9% |
| 2 Bedrooms | 123 | 114 | -7.3% |
| 3 Bedrooms | 476 | 472 | -0.8% |
| 4 Bedrooms | 250 | 251 | 0.4% |
| 5+ Bedrooms | 58 | 68 | +17.2% |
Summary: The Little Rock housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 5.9%, 2 bedroom homes decreased by 7.3%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes increased by 17.2%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 185 | 195 | +5.4% |
Asking Price vs. Sold Price
102 Homes Were Sold
Under Asking
59 Homes Were Sold
At Asking
25 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. 54.8% of homes here sold below asking price last month.
Summary: A total of 195 homes were sold or pending in Little Rock in December 2024, up by 5.4% month-over-month. Of the 186 sold homes, 55% were sold under asking, 32% were sold at asking, and 13% 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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