Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 3,037, 1,358 total housing units (homes and apartments), and a median house value of $484,929, Little Flock real estate is some of the most expensive in Arkansas, although Little Flock home values aren't among America's most expensive.
Large apartment complexes or high rise apartments are the single most common housing type in Little Flock, accounting for 50.04% of the city's housing units. Other types of housing that are prevalent in Little Flock include single-family detached homes ( 41.40%), duplexes, homes converted to apartments or other small apartment buildings ( 6.14%), and a few row houses and other attached homes ( 1.90%). This particular housing mix is relatively uncommon and characteristic of cities that are compact and walkable, and which often have a lively downtown.
Little Flock is dominated by renter-occupied one, two, or no bedrooms apartments. 68.23% of Little Flock's dwellings are rentals.
There is a lot of housing in Little Flock built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Little Flock built between 2000 and later ( 30.80%). A lesser amount of the housing stock also hails from between 1940-1969 ( 5.63%). There's also some housing in Little Flock built before 1939 ( 1.54%).
In the last 10 years, Little Flock has experienced some of the highest home appreciation rates of any community in the nation. Little Flock real estate appreciated 160.37% over the last ten years, which is an average annual home appreciation rate of 10.04%, putting Little Flock in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Little Flock definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Over the last year, Little Flock appreciation rates have trailed the rest of the nation. In the last twelve months, Little Flock's appreciation rate has been 5.38%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Little Flock were at 0.74%, which equates to an annual appreciation rate of 2.99%.
Relative to Arkansas, our data show that Little Flock's latest annual appreciation rate is lower than 90% of the other cities and towns in Arkansas.
$484,929
for Arkansas
for nation
1,358
$1,187 / per month