Little Rock, Arkansas housing market update for February 2023
Pixel Staff
Little Rock, Arkansas is a beautiful and thriving city that is currently experiencing growth in its housing market. With a median list price of $275,000, up from $204,000 just one year prior, Little Rock is a great place to consider for your next home purchase.
The current real estate market in Little Rock is still a good time to buy, especially for those who are looking for a long-term investment. Real estate is one of the safest investments you can make and its value increases over time. The current mortgage rate of 6.87% is also relatively low, making it an affordable time to purchase a home.
In Little Rock, there are 465 active listings with a median price of $180,000. Additionally, the median days on market is 49 days, which is unchanged from a year prior. Although there has been an increase in the percentage of homes listed with price decreases, at 33%, this is still a desirable city to call home.
Arkansas is known as the Natural State and Little Rock is no exception. With its breathtaking scenery, outdoor recreational opportunities, and friendly community, it’s no wonder why so many people are attracted to this city. From the River Trail and the Big Dam Bridge, to the many parks and museums, Little Rock has something for everyone to enjoy.
Little Rock, Arkansas is a great place to call home. With its growing housing market, beautiful scenery, and a friendly community, it’s no wonder why so many people are considering this city for their next home purchase. Whether you’re a first-time home buyer or looking for a long-term investment, now is a good time to consider buying in Little Rock.
Little Rock Stats
465
Active Listings
49
Median DOM
$275K
Median List Price
$180K
Median Price of New Listings
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