Market Overview
Home Prices in Little Rock, IA
The median home value in Little Rock, IA is $197,455 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 11.9% compared to a year ago and down 1.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Little Rock are priced52% below average.
Price History
Little Rock Home Price Trend
2022
$162,555
$163K
—
2023
$159,829
$160K
-1.7%
2024
$178,904
$179K
+11.9%
2025
$176,517
$177K
-1.3%
2026
$197,455
$197K
+11.9%
City Comparison
Little Rock vs. National Median
🏠 Little Rock
$197,455
National Median
$410,000
At $197,455, homes in Little Rock cost 52% below the national median of $410,000. This makes Little Rock a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Little Rock?
20% Down Payment
$39,491
on $197,455
Monthly P&I
$1,030/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,308/mo
incl. taxes & insurance
Income Needed
$52,320
gross annual (30% rule)
10% Down Option
$19,746
+ PMI applies
Loan Amount (20% dn)
$157,964
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Little Rock, IA?
The median home value in Little Rock is $197,455 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 11.9% year-over-year.
How much have home prices changed in Little Rock?
Over the past year, home values in Little Rock have increased by 11.9%.
How much do I need to earn to buy a home in Little Rock?
To comfortably afford the median home price of $197,455 with a 20% down payment ($39,491) at today's rates (6.8%), you'd need a gross annual income of approximately $52,320. This assumes keeping total housing costs at or below 30% of gross income.
How does Little Rock compare to the national average home price?
The national median home value is approximately $410,000. At $197,455, homes in Little Rock are 52% below the national average.