Little Rock, AR Housing Market Report

The Little Rock housing market is currently characterized by a steady transition toward a more balanced environment, though it still slightly favors sellers due to a high sale-to-list ratio of 0.99. While the median home value has reached $210,865, the most notable shift is the significant 12.69% year-over-year increase in active inventory. With 3,480 homes currently on the market and properties taking an average of 82 days to sell—five days longer than last year—buyers are finally seeing more options and slightly less urgency than in previous cycles.

Price trends in the Little Rock-North Little Rock-Conway metro area show a pattern of slow but consistent appreciation. Over the last six months, values have climbed steadily from $206,683 in July to the current December peak. This 0.81% annual growth rate suggests a stabilizing market rather than the rapid spikes seen in recent years. This moderation is likely driven by the increased inventory levels, which are acting as a natural ceiling on aggressive price hikes, even as demand remains resilient in this affordable capital city.

Looking ahead, the Little Rock market appears well-positioned for sustainable growth. For buyers, the increase in days on market and inventory provides a crucial window for negotiation that was largely absent two years ago. For sellers, the 0.99 sale-to-list ratio indicates that well-priced homes are still fetching near-asking prices, but the days of immediate bidding wars are fading. Both parties should expect a market defined by deliberate decision-making and moderate equity gains as we move further into 2026.