$6,649 Closing Credit*
$559,900
3,668 SqFt
4 Beds
•3 Full Baths, 1 Partial
#24044333, Kevin Marsh, Listing Office: RE/MAX Affiliates Realty
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
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. Real estate listings, held by brokerage firms other than this broker, are marked with the Broker Reciprocity℠ logo and information about them includes the name of the listing brokers. The IDX information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Cooperative Arkansas Realtors MLS. All Rights Reserved.
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