Little Rock, AR 72227 Real Estate Market Report

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.

Market Metrics

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.

Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

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

Key Findings

1. The 281,500 median sold price serves as the primary indicator of recent market value and suggests transactions are completing at levels that support moderate appreciation; price trends are up year‑over‑year, which may favor sellers when matched with localized demand signals.
2. The 244,000 median listing price sits below the median sold price, which may indicate listing underpricing or competitive bidding dynamics and suggests upward price realization during negotiations rather than price erosion.
3. The 369 median days on market points to slower sales velocity and extended marketing timeframes, which, when combined with the sample's characterization of relatively constrained active supply, suggests a balanced to slightly seller‑leaning market where pricing friction and time-to-contract can coexist.
4. The 126 median price per square foot and 1,100 median market rent provide context for valuation and rental comparables; with interest rate pressure described as moderate (30‑year fixed rates averaging approximately 6.56%), buyers may face financing headwinds that could temper competition despite the neutral market temperature.

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.