$5,213 Closing Credit*
$439,000
2,257 SqFt
3 Beds
•2 Full Baths
#24034617, Leslie Sample, Listing Office: CBRPM Saline County
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
$270,000
$144/sqft
Based on all homes sold in August 2024.
Difference Since Last Month
+$25,000(+10.2%)
Key Takeaway
Homes in Little Rock have sold for 10.2% more than they did a month ago.
Summary: The median home sold price in Little Rock was $270,000 in August 2024, up 10.2% from last month, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $178.5K | $190K | +6.4% |
| 2 Bedrooms | $164K | $232K | +41.5% |
| 3 Bedrooms | $215K | $217.5K | +1.2% |
| 4 Bedrooms | $410K | $450K | +9.8% |
| 5+ Bedrooms | $607.5K | $675K | +11.1% |
Summary: Little Rock housing prices by bedroom type for August 2024 compared to the previous month: The home price of 1 bedroom homes increased by 6.4%, 2 bedroom homes increased by 41.5%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes increased by 11.1%.
Median Sold Price Compared To Nearby Cities
| Cammack Village | $220K | $349K | +58.6% |
| Shannon Hills | $171K | $214.9K | +25.7% |
| Big Rock Township | $245.3K | $270.6K | +10.3% |
| Little Rock | $245K | $270K | +10.2% |
| Alexander | $296.2K | $247.5K | -16.5% |
Housing Supply in Little Rock, AR
How many homes are available in Little Rock, AR?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 1,033 | 1,108 | +7.3% |
Summary: The Little Rock real estate market had 1,108 homes for sale in August 2024, a 7.3% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 17 | 16 | -5.9% |
| 2 Bedrooms | 135 | 132 | -2.2% |
| 3 Bedrooms | 526 | 584 | +11.0% |
| 4 Bedrooms | 278 | 294 | +5.8% |
| 5+ Bedrooms | 77 | 82 | +6.5% |
Summary: The Little Rock housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 5.9%, 2 bedroom homes decreased by 2.2%, 3 bedroom homes increased by 11%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 6.5%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 245 | 233 | -4.9% |
Asking Price vs. Sold Price
117 Homes Were Sold
Under Asking
71 Homes Were Sold
At Asking
32 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. 53.2% of homes here sold below asking price last month.
Summary: A total of 233 homes were sold or pending in Little Rock in August 2024, down by 4.9% month-over-month. Of the 220 sold homes, 53% were sold under asking, 32% 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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