Is Little Rock, IA 51243 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Little Rock is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Little Rock housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Lyon County, IA

Population	735
Median income	$83,750
Average income	$93,687
Median home value	$92,200
Median rent	$608/month
Owner-occupied	89% of homes
Median year built	1961

Natural hazard riskWinter storms (very high), hail (very high), tornadoes (relatively high)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 51243; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 51243

Prefilled for 51243Can I win this house?Multiple-offer likelihood for a listing Prefilled for 51243Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Doon 51235 $189 /sq ft George 51237Buyer’s market $89 /sq ft Inwood 51240Balanced $123 /sq ft Larchwood 51241Seller’s market $145 /sq ft Browse all markets →

Where Little Rock is

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Questions about Little Rock real estate

What are property taxes in Little Rock?

About 0.87% of a home’s value a year in Lyon County, or roughly $3,480 on a $400,000 home.

Local agents

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More tools for 51243

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Lyon County property taxes Lyon County loan limits Closing costs in Iowa Hottest ZIP codes in Iowa

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology