Real Estate Market Overview in Little Rock, Kansas
Little Rock, Kansas, is a small town located in the northeast corner of the state. The city offers beautiful views of the nearby hills and valleys, creating a picturesque backdrop for any new homebuyer. With a population of approximately 8,000 residents, it offers residents a quiet, close-knit community.
Homes for sale in Little Rock, KS
Little Rock is a small town with a vibrant real estate market. With homes ranging from single-family homes to townhomes to condos, there is something for every kind of buyer in Little Rock.
Single-family homes in Little Rock are generally small and affordable. They range from one to two bedrooms, with the average price being around $160,000.
Townhomes are also available in Little Rock. These homes offer more space than single-family homes, with two to three bedrooms. The average price of a townhome in Little Rock is around $250,000.
Condo living in Little Rock is ideal for those who seek an urban lifestyle yet still want the privacy of their own space. Condos range from one to two bedrooms, with the average price being around $170,000.
Real Estate Market Trends In Little Rock
The real estate market in Little Rock is experiencing an upward trend. Home prices have increased by 8.5% over the past year, and are expected to rise by an additional 5.4% in the next 12 months.
In addition, the current median home value in Little Rock is $183,000. This is higher than both the national median home value ($231,200) and the statewide median home value of $226,800.
Living In Little Rock, Kansas
Little Rock is a small town with a lot to offer. The town is home to a variety of parks, restaurants, museums, and other attractions, making it an ideal place to settle down.
Residents of Little Rock enjoy a low cost of living, with the median home value being significantly lower than the state and national average. In addition, the town is a great place to raise a family, with excellent schools and numerous recreational activities.
Conclusion
Little Rock, Kansas, is an ideal place to purchase a home. With single-family homes, townhomes, and condos available at affordable prices, it is perfect for any kind of buyer. In addition, the real estate market in Little Rock is rising, with prices increasing steadily year-over-year. With its low cost of living, excellent schools, and variety of recreational activities, Little Rock is an ideal place for any family looking for their dream home.
FAQ
What's the Average Price of Homes for Sale in Little Rock?
According to Zillow, the median home price in Little Rock is $197,200 as of October 2020.
Are there Apartments for Rent in Little Rock?
Yes, there are apartments for rent in Little Rock. You can find them in all areas of the city.
What Are the Most Popular Neighborhoods for Homes for Sale in Little Rock?
Some of the most popular neighborhoods for homes for sale in Little Rock are: Midtown, Hillcrest, Quapaw, and Chenal Valley.
What Are the School Districts for Homes for Sale in Little Rock?
Homes for sale in Little Rock are served by the Little Rock School District, Pulaski County Special School District, and North Little Rock School District.
Are there Short-Term Rentals Available in Little Rock?
Yes, there are short-term rentals available in Little Rock. You can find them in all areas of the city.
What Are the Best Areas to Live in Little Rock?
Some of the best areas to live in Little Rock are Midtown, Hillcrest, Quapaw, and Downtown.
What Are the Crime Rates in Little Rock?
According to the most recent data from the FBI's Uniform Crime Reporting, the crime rate in Little Rock is 6.25 per 1,000 residents.
Are There Condos for Rent in Little Rock?
Yes, there are condos for rent in Little Rock. You can find them in all areas of the city.
What Is the Average Rental Price in Little Rock?
According to Zillow, the median rental price in Little Rock is $1,225 as of October 2020.
What Are the Best Neighborhoods for Renters in Little Rock?
Some of the best neighborhoods for renters in Little Rock are: Midtown, Hillcrest, Quapaw, and Downtown.
What Are the Average Utility Costs for Renters in Little Rock?
According to Numbeo, the average cost of utilities for a 915 sq ft apartment in Little Rock is $179.90.