Little Rock Homes For Sale | Little Rock Real Estate
Jumping straight into a real estate market you have no knowledge of or experience with can be a big mistake. In order to get the best deal on a property you need to do your research. That's why the real estate agents of Little Rock, Arkansas have made this website. It's a free online resource with a comprehensive series of articles on topics ranging from how to stage your home to make it more appealing to applying for your very first mortgage. It's also got all the pertinent information on the city of Little Rock, AR, (jobs, schools, things to do, history, etc.) in case you're moving from away and aren't familiar with the area. We hope you find it helpful.
Little Rock, Arkansas: Rock Town
As the state capitol, Little Rock, Arkansas marks the geographic center of the state. First settled by French explorers in 1722 on the Arkansas River where the Mississippi Delta meets the Ouachita foothills, Little Rock grew from a small outpost into the largest city in the state. Currently 187,000 people call it home. A thriving job market, great schools, excellent real estate values, and lovely scenery attract thousands more each year.
Several major corporations have taken advantage of the keen work force and lower land prices to establish major operations in Little Rock, AR. These companies represent a variety of industries, such as retail sales, banking, telecommunications, and health care, earning the city rankings on the "top cities for business" and "most diverse economy" lists. The University of Arkansas is headquartered here, as is Dillard's Department Stores and Acxicom, while Dassault, Raytheon, and Timex also have large operations.
While dams, lakes, hills, parks, and forests in and around Little Rock, AR provide some of the best outdoor recreation in the state, some of the city's biggest attractions are related to its colorful history. As the hometown of former president Bill Clinton and World War II General Douglas MacArthur, Little Rock, Arkansas has museums dedicated to both famous personages. For the kids, there's the zoo and the IMAX aerospace education center. There's also, a ballet, a symphony orchestra, a repertory theater and a large art museum, where indoor people and arts aficionados can enjoy themselves.
The Little Rock, Arkansas Real Estate Market
If you've been watching the news lately or listening to your property-savvy friends, you're probably bombarded with exhortations to buy, buy, buy, before the recession ends and the market recovers. If you've got the capital, buying now is an excellent idea. However, purchasing property is never something you should rush into. Check your finances to see if you can afford Little Rock, AR. Currently the average listing price is around $294,000 while the median sales price is closer to $155,000, which is a steady decline from past months.
Obviously different neighborhoods will carry different average price tags. For instance, homes alone the I-30 highway are selling for $68,000 while homes in the Heights neighborhood are listing at $656,000. The Heights, (also known as Pulaski Heights) is one of the city's earliest neighborhoods and also one of its most affluent (as you can see from the price tag). Houses there and in neighboring Hillcrest are more likely to be older and more elegant than homes in newer neighborhoods like Brodie Creek, which is more of a planned suburb.
Interesting architectural styles can also be found in the Capitol View/Stifft's Station neighborhood. Homes there come in Craftsman, Tudor, Colonial Revival, Shotgun, Queen Anne, and American Foursquare, and are often significantly less expensive than Heights homes. About half the residents here are in the low to moderate income brackets. Other popular neighborhoods with buyers in Little Rock, AR include: River Mountain, Rock Creek, Walnut Valley, Reservoir, and Pecan Lake, many of which are new subdivisions. Some of the largest and most expensive homes are found in Robinwood, however, which has great views from the cliffs.
Contact a Little Rock, AR Real Estate Agent
Once you've completed your research, you'll need to make a decision as to whether you want to enter the real estate market on your own or hire a realtor to help you. Before you make your decision, we hope you will contact us to see how working with a Little Rock, Arkansas realtor can be beneficial to you. Handling the complex paperwork, weeding out scammers, and casting a wider net are just some of the ways realtors help. For more information or to hire one of our realtors, please don't hesitate to call or email.