In short
The median value of owner-occupied homes in the city of Little Rock is $270,700, according to the Census Bureau’s 2024 American Community Survey, against $215,600 for Arkansas. Buyers inside city limits may get a forgivable loan of up to $10,000 from the City of Little Rock, and ADFA’s down payment second mortgage ranges from $1,000 to $15,000.
How much homes cost in Little Rock
The Census Bureau’s American Community Survey (ACS) asks owners how much they think their home would sell for. The median of those answers is a useful benchmark, but it is not a sale price: it covers every owner-occupied home, including homes bought long ago. Our page on Arkansas home prices explains the method in detail.
| Area | Median value, 2024 (ACS) | Margin of error (90%) |
|---|---|---|
| City of Little Rock | $270,700 | ±$17,239 |
| Pulaski County | $235,700 | ±$9,130 |
| Little Rock–North Little Rock–Conway metro area | $237,300 | ±$5,915 |
| Arkansas | $215,600 | ±$3,253 |
| United States | $360,600 | ±$618 |
Source: U.S. Census Bureau, ACS 1-Year Estimates 2024, table B25077. The 2025 estimates are scheduled for October 29, 2026.
Are Little Rock prices rising?
The Federal Housing Finance Agency (FHFA) tracks repeat sales of the same single-family homes. Its purchase-only, seasonally adjusted index for the Little Rock–North Little Rock–Conway metro area, published August 25, 2026, shows:
| Area | 1-year change (Q2 2025 to Q2 2026) | 5-year change (Q2 2021 to Q2 2026) |
|---|---|---|
| Little Rock–North Little Rock–Conway metro area | +1.9% | +31.4% |
| Arkansas | +1.1% | +37.9% |
| United States | +2.1% | +33.4% |
Source: FHFA House Price Index, quarterly purchase-only files. Changes calculated by Payotte from the published index values.
Prices in the Little Rock area rose modestly over the past year, after a gain of nearly a third over five years.
Closing costs at the median price
On top of the price, buyers and sellers pay closing costs: lender fees, the appraisal, the survey, recording fees and title insurance. Several of these depend on the loan and on the providers you choose, so there is no single official figure. For the rules and who usually pays each item, see our guide to closing costs in Arkansas and our guide to closing costs explained.
Property tax in Little Rock
Property tax depends on the taxing units that cover your address and on the exemptions you claim. We do not recalculate it on this page. Our Arkansas property tax guide covers who assesses your home, the rates and how to appeal. To see how tax can be paid through your monthly mortgage payment, read our guide to escrow accounts.
Transfer taxes
State rules on the tax paid when a deed is recorded are explained on our page about transfer tax in Arkansas. This page does not add a separate city figure.
Help for buyers in Little Rock
Little Rock sits in Pulaski County, which ADFA lists as a non-targeted county for its StartSmart program. For households of one or two people, the maximum income is $102,595; for households of three or more, $117,984 (table effective June 1, 2026). The price limit is $500,000.
The City of Little Rock’s Department of Housing and Neighborhood Programs also runs two forgivable-loan programs for homes inside the city limits:
- Down Payment Assistance: up to 6% of the price, capped at $10,000, for households at or below 80% of area median income. The city’s flyer lists a 2025 limit of $66,750 for a household of three.
- Homebuyer Assistance Program (HAP): the lesser of $15,000 or 8% of the price, for households at or below 150% of area median income, funded by federal disaster-recovery money after the March 31, 2023 tornado.
Both are requested through a mortgage lender, require a homebuyer counseling course, and are forgiven over 60 months if you live in the home. Details, conditions and a worked example are in our guide to first-time buyer programs in Arkansas.
Arkansas guides for Little Rock buyers
Frequently asked questions
What is the median home price in Little Rock?
The Census Bureau’s 2024 American Community Survey puts the median value of owner-occupied homes in the city of Little Rock at $270,700 (±$17,239). This is what owners think their home is worth, not the median sale price of recent sales.
Are home prices in Little Rock going up?
According to the FHFA purchase-only index, prices in the Little Rock–North Little Rock–Conway metro area rose 1.9% between the second quarter of 2025 and the second quarter of 2026. Over five years, they rose 31.4%.
Is there down payment help in Little Rock?
Yes. The City of Little Rock offers up to $10,000 (and up to $15,000 under its disaster-recovery program), and ADFA’s down payment second mortgage ranges from $1,000 to $15,000. Eligibility, income limits and funding vary, so ask a participating lender.
What are ADFA’s income limits for Little Rock?
For Pulaski County, ADFA’s StartSmart table effective June 1, 2026 shows $102,595 for one or two people and $117,984 for three or more, with a $500,000 price limit.
Where can I read about property tax and closing costs here?
Our Arkansas guides on property tax and closing costs apply to Little Rock, and the sections above link to them.
More Arkansas guides
- Closing costs in Arkansas: what buyers and sellers pay
- Real estate transfer tax in Arkansas: rate and exemptions
- Property tax in Arkansas: rates, caps and homestead credit
- Seller disclosure requirements in Arkansas
- Do you need a real estate attorney to close in Arkansas?
- Foreclosure process in Arkansas: steps and timeline
- Home prices in Arkansas and Little Rock: median value, trend
- First-time home buyer programs in Arkansas (ADFA, Little Rock)
- How to verify a real estate license in Arkansas
Sources
- Table B25077, Median Value (Dollars), ACS 1-Year Estimates 2024 (U.S. Census Bureau) (consulted October 13, 2026)
- 2025 ACS Data Release Schedule (U.S. Census Bureau) (consulted October 13, 2026)
- U.S. House Prices Rise 2.1 Percent Year over Year, Up 0.3 Percent Quarter over Quarter (FHFA, August 25, 2026) (consulted October 13, 2026)
- FHFA House Price Index datasets, quarterly purchase-only indexes (state, metro) (consulted October 13, 2026)
- 2026 StartSmart Income Limits, effective 06/01/2026 (Arkansas Development Finance Authority) (consulted October 13, 2026)
- Down Payment Assistance Program (Arkansas Development Finance Authority) (consulted October 13, 2026)
- Down Payment Assistance Program flyer and 2025 income limits (City of Little Rock) (consulted October 13, 2026)
- CDBG-DR, Homebuyer Assistance Program (City of Little Rock) (consulted October 13, 2026)