ZIP Code 72016 — Little Rock, AR Home Prices (2026)

The typical home in ZIP 72016 (Little Rock, Arkansas) is worth about $239,000 at roughly $172 per square foot — 6% more affordable than the Little Rock median and 19% more affordable than the typical U.S. home.

$239,000
Typical home value
$172
Price per sq ft
#9 of 14
Little Rock ZIPs by value
-6%
vs Little Rock median

How 72016 compares

ZIP 72016 is a mid-priced ZIP code for Little Rock: its typical home value of $239,000 ranks #9 of the 14 Little Rock ZIP codes we track (the citywide range runs from $114,000 in 72209 to $482,000 in 72223). Per square foot it costs about $172, against $164 for Little Rock as a whole, $145 for Arkansas, and $195 nationally.

AreaTypical value$ / sq ft
ZIP 72016$239,000$172
Little Rock, AR$255,500$164
Arkansas$215,000$145
United States$294,000$195

Home value by size in 72016

Using this ZIP’s rate of about $172 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.

Home sizeEstimated value
1,000 sq ft$172,000
1,500 sq ft$258,000
2,000 sq ft$344,000
2,500 sq ft$430,000
3,000 sq ft$516,000

Salary needed to buy a home in ZIP 72016

To buy the typical $239,000 home in ZIP 72016 with 20% down, you need a household income of roughly $65,000 a year (about $1,520 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $77,000, because the loan is bigger and mortgage insurance kicks in.

Down paymentCash downMonthly paymentIncome needed
5% (+PMI)$12,000$1,890/mo$81,000/yr
10% (+PMI)$23,900$1,800/mo$77,000/yr
20%$47,800$1,520/mo$65,000/yr

Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.

What your budget buys in ZIP 72016

At about $172 per square foot, here is roughly how much home different budgets get you in ZIP 72016:

BudgetApprox. sizeWhat that looks like locally
$150k870 sq ftbelow the local median — condos, smaller or older homes
$200k1160 sq ftaround the typical home here
$250k1450 sq ftaround the typical home here
$300k1740 sq ftaround the typical home here
$400k2330 sq ftabove the median — larger homes or the pricier ZIPs

Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 72016 home.

Estimate a specific home in 72016

The estimator below is pre-set to ZIP 72016 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.

All Little Rock ZIP codes by home value

Where 72016 sits among Little Rock’s 14 ZIP codes:

#ZIP codeTypical value$ / sq ft
172223$482,000$214
272207$418,000$228
372212$391,000$144
472135$362,000$224
572211$285,000$155
672227$279,000$138
772210$270,000$162
872201$241,000$257
972016 (this page)$239,000$172
1072205$231,000$167
1172202$160,000$165
1272206$138,000$121
1372204$123,000$101
1472209$114,000$105

ZIP 72016 home prices: frequently asked

What is the average home price in ZIP code 72016? +
The typical home in ZIP 72016 (Little Rock, AR) is worth about $239,000 as of 2026. That is 6% more affordable than the Little Rock median of $255,500 and 19% more affordable than the U.S. median of $294,000.
What is the price per square foot in 72016? +
About $172 per square foot in 72016, versus $164 across Little Rock and $145 across Arkansas. At that rate a 1,500 sq ft home runs roughly $258,000 and a 2,500 sq ft home about $430,000.
What salary do you need to buy a house in ZIP 72016? +
For the typical $239,000 home in ZIP 72016, a household income of about $65,000 a year covers the payment with 20% down (a 30-year fixed at 6.5%, plus taxes and insurance, under the 28% rule). With 10% down you need roughly $77,000; with 5% down about $81,000.
Is 72016 an expensive ZIP code? +
Within Little Rock, 72016 ranks #9 of 14 ZIP codes by typical home value, which makes it a mid-priced ZIP code for Little Rock. Nationally it is about average.

See the full Little Rock home values page, all Arkansas cities, or price per square foot by ZIP code nationwide.

Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.