Median real estate price in the City Center of North Little Rock is $78,682, which is less expensive than 70.0% of Arkansas neighborhoods and 91.3% of all U.S. neighborhoods.
The average rental price in North Little Rock City Center is currently $822, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 65.5% of the neighborhoods in Arkansas.
North Little Rock City Center is a suburban neighborhood (based on population density) located in North Little Rock, Arkansas.
Real estate in the City Center of North Little Rock, AR is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the City Center neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in North Little Rock City Center. The current real estate vacancy rate here is 32.2%. This is higher than the rate of vacancies in 95.1% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.