Market Overview
Home Prices in Little Rock, MS
The median home value in Little Rock, MS is $152,719 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 2% compared to a year ago and down 5.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Little Rock are priced63% below average.
Over the past five years, Little Rock home values have fallen by approximately4.1%, reflecting softening conditions in this market.
Price History
Little Rock Home Price Trend
2021
$159,275
$159K
—
2022
$175,452
$175K
+10.2%
2023
$154,661
$155K
-11.8%
2024
$165,041
$165K
+6.7%
2025
$155,814
$156K
-5.6%
2026
$152,719
$153K
-2.0%
City Comparison
Little Rock vs. National Median
🏠 Little Rock
$152,719
National Median
$410,000
At $152,719, homes in Little Rock cost 63% 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
$30,544
on $152,719
Monthly P&I
$796/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,011/mo
incl. taxes & insurance
Income Needed
$40,440
gross annual (30% rule)
10% Down Option
$15,272
+ PMI applies
Loan Amount (20% dn)
$122,175
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, MS?
The median home value in Little Rock is $152,719 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 2% year-over-year.
How much have home prices changed in Little Rock?
Over the past year, home values in Little Rock have decreased by 2%. Over five years, prices have fallen approximately 4.1%.
How much do I need to earn to buy a home in Little Rock?
To comfortably afford the median home price of $152,719 with a 20% down payment ($30,544) at today's rates (6.8%), you'd need a gross annual income of approximately $40,440. 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 $152,719, homes in Little Rock are 63% below the national average.