Is North Little Rock, AR 72118 a buyer’s or seller’s market?
North Little Rock is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 15% of U.S. ZIP codes, and #90 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, 8% of homes in North Little Rock, AR 72118 sold above their list price, the typical home went under contract in 46 days and there were 4.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 65 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 12%, homes sold faster (54 days then) and the median sale price rose 2% to $137,441. Overall, North Little Rock is about as competitive as it was a year ago.
Within Pulaski County, homes here sell faster than in 89% of the county’s ZIP codes, and sell less often over asking than in 63%. On our competition score, North Little Rock ranks #90 of 132 AR ZIP codes with enough sales (score 21 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) and North Little Rock 72116 (19% sold over asking) are even more competitive.
Run the numbers for 72118
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
Find towns like North Little Rock in other states →Where North Little Rock is
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Questions about North Little Rock real estate
Is North Little Rock a buyer’s or seller’s market?
A balanced market: there were 4.8 months of supply in North Little Rock, AR 72118 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 46 days in the latest three months.
Do homes in North Little Rock sell over asking?
8% of homes sold above their original list price, and the typical sale closed at 95.9% 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 $137,441 in the three months ending August 31, 2026, about $108 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