Spotlight Series: Little Rock, Arkansas

You can also find out more about us on our website. SHAREOur mission is to prioritize the interests of our investors. We know how important it is to stay ahead in the dynamic real estate investment world. Our commitment includes constant analysis of new markets, and vigilant monitoring of emerging trend to ensure that our investors not only stay ahead but also lead the way. We are excited to share SHARE’s latest expansion into Little Rock, Arkansas, aligning with our dedication to providing unparalleled opportunities in this prosperous and forward-thinking investment landscape.

Affordability of Home Prices and Appreciation

Little Rock is an affordable haven, both for residents and for investors. The median cost of a single family home is $495,000. $199,919(December 2023, Zillow) is significantly lower than the national median of $343,000.The Freddie Mac House Price Index reflects the resilience of the housing market. 31% increaseIn the last five years with a modest 0.3%The rise in 2023 presents an opportunity for investors. 

Little Rock is a beacon for accessibility in an era when housing affordability is a growing issue. It invites both residents and real estate investors to a market which balances quality of life with smart and sustainable investment opportunities.

Renting out your home is a solid investment.

The following are some alternatives to the word “Advantage” Renters occupy 45 percent of homesLittle Rock is a great opportunity for investors. The overall median rental rate in the city is $1,057. It has increased by 0.7% over the past month. 2.0% year-over-year. The city also ranks 13th among the nation’s hottest small-city rent markets, with 93.7%The average apartment has eight potential renters. Additionally, the average rent in this area for a single-family house is approximately $1,315 per month. This is lower than the average rent in the United States for a single family home ($1,718)Investors can still benefit from higher than average rental yields in Little Rock due to the affordability.  

The dominance and popularity of single-family houses (62.6%) and the scarcity of apartment complexes (27.6%) offer a chance to strategically meet diverse housing needs. Roughly 79% of houses were built before 1999, while newer-built properties built after 2000 only make up 21% of the total market. Investors have the opportunity to target older properties that need renovations, or newer properties because of their scarcity. They can maximize rental income as well as ensure value appreciation.

Low Cost of Living

Little Rock’s cost to live 4% LowerThe average national income is lower than the national average. SHARE’sAssessment of market attractiveness. This important metric has a significant impact on the financial dynamics of a real estate investment. A lower cost of housing increases demand for housing. This creates an unstable and resilient market, with sustained rental demand. For investors, this signifies the potential for better rental yields, increased tenant retention, and overall profitability.

Job Market and Economic stability:

You can also find out more about LIttle Rock has a diverse economy that includes healthcare, aerospace and agriculture, finance, technology and manufacturing, as well as education. Key employers include Arkansas Children’s Hospital and the University of Arkansas for Medical Sciences. Plus, several well-known companies are either headquartered in the city or have a significant presence, such as Dillard’s, Windstream Communications, Welspun Group, Stephens Inc., the Clinton Foundation, and Winrock International. 

Tax incentives and a vibrant small business community support a business-friendly environment.99.3%This diversity and stability is a result of the fact that most businesses in Arkansas are small. This economic resilience ensures a steady employment, real estate market, and property value, making Little Rock a desirable proposition for investors.

Steady population growth:

Central Arkansas, the 81st-largest metro area in the U.S. according to the 2020 census data, is home to approximately 750,000 people. As the capital and most populous city in Arkansas, Little Rock’’s population has steadily grown at a rate of Since 2010, the 1.78% increase is a significant improvement., positioning this area as a reliable market for investment. Investors benefit from this moderate growth as it prevents market imbalances and ensures stability. Little Rock shows that population growth does not have to be massive in order to be beneficial. A steady increase is a reliable indicator of market fluctuations.

Little Rock, Arkansas is a great investment destination for investors, especially those from out-of-state. The city’s combination of affordability, historical appeal, and deliberate population increase creates a compelling story for long-term value. Little Rock, with its diverse and stable job markets that foster economic resilience, offers a balanced and rewarding investment environment. The past meets the future in an economic landscape of stability and economic growth.