The housing in 72206 Little Rock, AR is quite affordable compared to the national median value of $338,100. The median value for this area is only $107,100, meaning that those looking to buy a home here may be able to find one much more easily than elsewhere in the country. Furthermore, the house appreciation rate over the past year has been 11.15%, significantly higher than the national average of 8.27%. This means that those who purchased a home in this area during the last year have seen their investment grow at a faster rate than if they had bought elsewhere. Overall, Little Rock offers an excellent opportunity for potential buyers looking for an affordable home with good appreciation potential.
The median home cost in Little Rock (zip 72206) is $107,100. Home appreciation the last 10 years has been 48.6%. Home Appreciation in Little Rock (zip 72206) is up 11.9%.
Average Age of Homes
- The median age of Little Rock (zip 72206) real estate is 43 years old
The Rental Market in Little Rock (zip 72206)
- Renters make up 29.0% of the Little Rock (zip 72206) population
- 3.3% of houses and apartments in Little Rock (zip 72206), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.