Little Rock, AR 72227 Real Estate Market Report

ZIP Code: 72227
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The real estate market in Little Rock, AR (ZIP: 72227) is currently characterized by a median sold price of $249,900, reflecting a stable market with slight appreciation. This stability is underpinned by a positive local economy and steady job growth, contributing to a year-over-year price trend that is up. The overall market appears to be transitioning towards a balanced state between buyers and sellers, with solid rental demand evident in the median market rent of $1,580.

Despite the upward price trend, the market is experiencing elevated inventory levels relative to sales activity, with a median days on market of 327 days, indicating a slower sales velocity. This could suggest potential pricing friction as buyers may be taking longer to make purchasing decisions. The property tax rate stands at 0.81%, which may influence buyer sentiment as they assess overall affordability in the context of rising interest rates, currently averaging 6.38% for a 30-year fixed mortgage, slightly higher than last year.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Little Rock, AR are averaging 6.38%, which is 0.26% higher than the average rate of 6.12% seen in early April 2025.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The median sold price is $249,900, indicating a stable market with slight appreciation.

2. The median days on market is 327, suggesting slower sales velocity and potential pricing friction.

3. The median market rent is $1,580, reflecting solid rental demand in the area.

4. Current interest rates are averaging 6.38%, which is 0.26% higher than last year, indicating moderate interest rate pressure on buyers.

5. The market temperature is neutral, suggesting a balanced state between buyers and sellers.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.