According to statistics, the population in Little Rock, AR amounts to 197,780, which shows decline 0% compared to the previous year. The median age of the city’s residents is 36. The average household income is $48,463, shifting growth 4% from the past year, and the average property value in Little Rock, AR growth 3% to $159,900 throughout the year.
|Number Of Employees||96,179|
|Median Property Value||$159,900|
The average household income in Little Rock, AR grew from $46,578 to $48,463 in the past year. This data is an estimate based upon 80,287 households in Little Rock, AR . The chart below presents how household income is distributed in Little Rock, AR in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Little Rock, AR shifted from $154,700 to $159,900 throughout the year. The subsequent graph indicates the share of properties in the given price range in Little Rock, AR in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Little Rock, AR properties falls in the '$200,000 to $249,999' range, which is higher than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Little Rock, AR compared to median property taxes around the country. The prevalent amount of property taxes in Little Rock, AR equals $800, which is less than the national average.
|Apartment Size||Jul||vs Last Month|
|Studio for sale||$743,675||+190%|
|1 bed for sale||$161,380||-32.8%|
|2 bed for sale||$134,001||-29.2%|
|3 bed for sale||$257,342||+0.8%|
|4+ bed for sale||$418,787||-15.3%|
During Jul 2022, the average price for an apartment in/near Little Rock, AR decreased by 9.5% to $304,529.
After collecting all data points, we now see that the average price for 1-bed apartment decreased by 32.8% to $161,380. Asking price for 2-bed apartment also decreased by 29.2% and a place of this size will now cost you $134,001. A 3-bed apartment goes for $257,342, it increased by 0.8% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 15.3% and made it down to $418,787.
|Listing Type||Jul||vs Last Month|
|Houses for sale||$325,870||-6.6%|
|Land for sale||$99,400||-71.1%|
|Condos for sale||$169,916||-31.8%|
|Duplexes for sale||$226,566||+7.6%|
|Townhouses for sale||$182,047||-13.3%|
|Apartments for sale||$927,300||+67.1%|
The average cost of an apartment in Little Rock, AR rised by 67.1% to $927,300. Price reports demonstrate that house price decreased by 6.6% this month making it up to $325,870. Condos faced an upward trend these days. The median price for a condo decreased by 31.8%, it’s now available for $169,916. You can now purchase a duplex for just $226,566, duplex price increased by 7.6% this month. The property value of townhouses decreased by 13.3%, you’ll have to spend around $182,047 to get one.