North Little Rock Arkansas Real Estate
A recent report said the real estate market in North Little Rock, Arkansas, has received a slight boost from the influx of retirees into the area.
Homes in Little Rock rose 3.3% in the first quarter of 2016, according to NeighborhoodScout data based on the Zillow Home Value Index. Compared with Arkansas, the data showed that home sales increased 0.5%, or $0.49, from the same quarter last year. In the most recent quarter, data collected by Neighborhood showed the median home price for a single-family home in North Carolina was $1,724,000, compared with $2,054,500 in July 2016. But compared to Arkansas, North Little Rock's real state is not at the lower end of the price range.
It doesn't matter that Little Rock's housing market isn't there, the state has the highest median price for single-family homes in the country, at $2,054,500. That will be a difficult sell for investors who can't find a deal, but it won't disappear anytime soon in North Carolina, according to NeighborhoodScout data.
Housing affordability is one of the metrics investors can use to predict the future of the North Carolina housing market and the broader economy. Secondary cities like Little Rock are a great place to buy real estate - as millennials and working families move to more affordable places to call home.
The median rental price in Little Rock is $1,050, about $500 more than the national average for single-family homes. The median price for a two-bedroom apartment in North Carolina's second-largest city, Raleigh, is more than $1,000 more per family home. Other cities with higher median rents than North Arkansas' second-largest city are LittleRock City and Wrightsville, where rents range from $757 to $826 a month.
Single-family homes are the most common form of housing in North Arkansas, accounting for more than half of all rented homes in the city of Little Rock, according to the U.S. Department of Housing and Urban Development (HUD). They are also the second largest type of apartment in LittleRock City and Wrightsville, and account for the majority of rental apartments in both cities, which account for about 60 percent of the total number of rental apartments in the city.
The three- and four-bedroom apartments, mostly in single-family homes, are the most common type of housing in North Arkansas and the second largest in Wrightsville and LittleRock City. The three-bedroom and four-bedroom condo, which is mostly in single-family homes, is the third largest type of home in Little Rock City and Wrightville. The twin and two-bathroom apartments are among the largest housing types in the city of Little Rock, with a total of about 1,000 units.
The average price of a home currently listed in Little Rock is $199,000, while the median price of homes sold was $143,500, according to the US Department of Housing and Urban Development. The average number of single-family homes in North Arkansas is 104, which is the second largest type of housing in the city and Wrightville.
Single-family homes in Little Rock have a median price of $199,000, meaning homes are sold for about half the price. The average price of a home in North Arkansas is $200,500 to $250,00, based on 626 homes for sale. There are 1,076 homes in the city and Wrightville, and home prices range from $20,800 to $50,400, with home prices ranging from $200,000 to $250,000.
The median price for a single-family home in the town of Little Rock and Wrightville is between $20,800 and $50,400, with home prices at $200,000 and $250,000, respectively.
If you or someone you know is interested in buying or selling real estate in North Central Arkansas, please visit the North Little Rock Real Estate Brokers Association page. All offers must be submitted by the seller, who has a member who is an Arkansas realtor. The list price is $10,000, with a minimum of $2,500 in deposit and a maximum of $5,200.
You can also use our map view to find houses and apartments you want to sell based on what you might want to close. Search the map for homes, apartments, condos and other properties in North Little Rock and contact the seller of your dream home. There are results for those looking for an overview of the area, as well as a searchable list of all properties in the area.
Find the cheapest homes for sale in Arkansas based on the properties and amenities of the city you want in North Little Rock, Arkansas. This is a searchable list of the cheapest houses and apartments in the area, as well as the best prices for each.
Arkansas has 605 cities, including Little Rock, Arkansas, the state's second-largest city with a population of more than 1.5 million. LittleRock is a large university and is also home to the University of Arkansas and Arkansas Baptist University as well as Arkansas State University. It is home to more than 1,000 colleges and universities, including Arkansas A & M University and the US Army Corps of Engineers.