Home Values in Little Rock, Arkansas — 2026 Market Report
Updated March 2026 | Balanced Market | +2.7% YoY
The median home value in Little Rock, Arkansas is $195,000 as of March 2026, which is below the national median of $400,000. Home values in Little Rock have increased by 2.7% over the past year and 14.2% over the last five years. With a population of 202,591 and a median household income of $48,825, the price-to-income ratio stands at 4.0x, making Little Rock affordable for the average household.
Little Rock Housing Market Conditions
| Metric | Little Rock | National Avg |
|---|---|---|
| Median Home Value | $195,000 | $400,000 |
| YoY Appreciation | +2.7% | +3.8% |
| 5-Year Appreciation | +14.2% | +22.4% |
| Price per Sq Ft | $47 | $222 |
| Days on Market | 55 days | 45 days |
| Months of Supply | 3.4 | 3.5 |
| List-to-Sale Ratio | 99.9% | 98.5% |
| Monthly Homes Sold | 182 | — |
| Foreclosure Rate | 0.44% | 0.3% |
Home Value Trends in Little Rock
A homeowner who purchased at the median price of $170,753 five years ago in Little Rock would have gained approximately $24,247 in equity, representing a 14.2% return on investment. Over the past year alone, the typical homeowner gained $5,127 in home equity.
Affordability in Little Rock, AR
With a median household income of $48,825 and a median home price of $195,000, the price-to-income ratio in Little Rock is 4.0x. A ratio below 3x is generally considered affordable, while above 5x indicates significant affordability challenges. The average monthly rent of $1,113 compared to estimated monthly ownership costs of $1,027 gives a rent-vs-buy ratio of 0.92. In Little Rock, buying is currently competitive with renting when factoring in equity accumulation.
Property Taxes in Little Rock
The effective property tax rate in Arkansas is 0.62%. On a home valued at $195,000, the estimated annual property tax bill is $1,209, or approximately $101/month. Property taxes are an important factor in the total cost of homeownership and can significantly impact affordability. The cost of living index in Little Rock is 85.5 (100 = national average), indicating living costs are below the national average.
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Open Mortgage CalculatorFrequently Asked Questions
What is the median home value in Little Rock, AR?
The median home value in Little Rock, Arkansas is $195,000 as of March 2026. Home values have changed +2.7% over the past year, with a 5-year appreciation of 14.2%.
Is Little Rock a buyer's or seller's market?
Little Rock is currently a balanced market with 3.4 months of housing supply. Homes spend an average of 55 days on market, and the list-to-sale price ratio is 99.9%. Supply and demand are relatively balanced.
Are home values going up in Little Rock?
Yes, home values in Little Rock have increased by 2.7% over the past year. The 5-year appreciation rate is 14.2%, meaning a home worth $170,753 five years ago is now worth $195,000.
Is it better to rent or buy in Little Rock?
The average monthly rent in Little Rock is $1,113, while estimated monthly homeownership costs are approximately $1,027. The price-to-rent ratio is 14.6. Based on current conditions, buying may be more cost-effective than renting in this market.
Home Values in Other Arkansas Cities
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Disclaimer: Home value data for Little Rock, Arkansas is based on publicly available market data and estimates. Actual home values may vary based on property condition, location within the city, and current market conditions. Data is updated regularly but may not reflect the most recent transactions. Last updated: March 2026.