Housing in 72205 Little Rock, AR is relatively affordable compared to the US median house value. The median house value in 72205 Little Rock, AR is $209,900, which is significantly lower than the national median of $338,100. Furthermore, the 1 year house appreciation rate in this area is 11.15%, higher than the 8.27% US average for the same period. This makes housing in this area attractive to potential buyers and investors alike who are looking to get a good return on their investment.
The median home cost in Little Rock (zip 72205) is $209,900. Home appreciation the last 10 years has been 48.6%. Home Appreciation in Little Rock (zip 72205) is up 11.9%.
Average Age of Homes
- The median age of Little Rock (zip 72205) real estate is 52 years old
The Rental Market in Little Rock (zip 72205)
- Renters make up 41.9% of the Little Rock (zip 72205) population
- 7.0% of houses and apartments in Little Rock (zip 72205), 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.