Is North Little Rock, AR 72116 a buyer’s or seller’s market?
North Little Rock is a seller’s market. With about 3.3 months of supply and 19% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 42% of U.S. ZIP codes, and #15 of 132 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The North Little Rock housing market right now
In the three months ending August 31, 2026, 19% of homes in North Little Rock, AR 72116 sold above their list price, the typical home went under contract in 54 days and there were 3.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 96 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 11%, homes sold about as fast and the median sale price rose 4% to $258,888. Overall, North Little Rock is more competitive than a year ago, so tougher for buyers.
Within Pulaski County, homes here sell faster than in 58% of the county’s ZIP codes, and sell more often over asking than in 95%. On our competition score, North Little Rock ranks #15 of 132 AR ZIP codes with enough sales (score 43 out of 100).
Nearby, buyers who want less competition could look at Little Rock 72201 (0% sold over asking) or Little Rock 72207 (5% sold over asking), while Little Rock 72211 (24% sold over asking) is even more competitive.
Run the numbers for 72116
Nearby markets
Jacksonville 72076Balanced $127 /sq ftLittle Rock 72201Buyer’s market $247 /sq ftLittle Rock 72202Buyer’s market $149 /sq ftLittle Rock 72204Buyer’s market $84 /sq ft Browse all markets →Towns like North Little Rock nearby
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Questions about North Little Rock real estate
Is North Little Rock a buyer’s or seller’s market?
A seller’s market: there were 3.3 months of supply in North Little Rock, AR 72116 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in North Little Rock?
The typical home went under contract in 54 days in the latest three months.
Do homes in North Little Rock sell over asking?
19% of homes sold above their original list price, and the typical sale closed at 98.5% of the list price.
What are property taxes in North Little Rock?
About 0.76% of a home’s value a year in Pulaski County, or roughly $3,040 on a $400,000 home.
What is the median home price in North Little Rock?
The median sale price was $258,888 in the three months ending August 31, 2026, about $132 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology