Little Rock, AR

Population: 196,055
Average annual home appreciation rate: -1.65%
Total of homes for sale in this market: 375
Median home price: $144,015
Median Rent: $595 per room
Home price range: 36.18% of homes are between $96,001 – $191,000
Median sales price: $149,000
Number of homes: 296
Median foreclosure sales price: $61,450
Foreclosure discount: 59%
Most common home type: 62.87% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 12.71%
Number of renters: 42.93%
Number of owner occupied: 57.07%
Number people living below poverty level: 18.18%
Unemployment rate: 6.00%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Little Rock area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

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