How much is a home worth in ZIP code 72116?

The typical home in 72116 is worth $248,492, based on the Zillow Home Value Index.

Are home values rising in 72116?

Home values in 72116 are up 3.8% over the past year, and up 4.6% a year over five years.

What is the typical rent in 72116?

A typical home in 72116 rents for about $1,096 a month, a gross rental yield of 5.3%.

What is the property tax rate in 72116?

The effective property tax rate in 72116 is 0.8% — roughly $2,010 a year on a typical home.

ZIP code 72116 has a population of 22,464 and a median household income of $79,010.

HousingHandbookReference data

…

U.S. ZIP Code · AR72116

Pulaski County · Little Rock-North Little Rock-Conway, AR

Typical home value

$248,492^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +3.8%
5-year / yr: +4.6%
10-year / yr: +3.8%

Relative price

vs U.S.: -12.5%
vs metro: +5.7%
vs state: +34.2%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 72116 is worth $248,492 — 5.7% above the Little Rock-North Little Rock-Conway, AR median. Over the past year, values have risen 3.8%. Homes here rent for a typical $1,096 a month — a 5.3% gross rental yield. The effective property tax rate is 0.8%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,096^[2]
Gross yield: 5.3%^[2]
Cap rate: 3.2%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.8%^[3]
Typical annual tax: $2,010^[3]

#Climate risk

FEMA National Risk Index ratings for Pulaski County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively High^[4]
Riverine flood: Relatively High
Coastal flood: Not Applicable
Wildfire: Relatively Low
Drought: Very Low
Heat wave: Relatively Moderate
Hurricane: Relatively Low
Tornado: Very High
Earthquake: Relatively High
Winter weather: Very High

#Who lives here

Population: 22,464^[3]
Median household income: $79,010^[3]

#Migration

Household moves in and out of Pulaski County over a year, from IRS tax-return data.

Net migration: -290^[5]
Moved in: 10,100
Moved out: 10,390

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 7
Elementary: 4
Middle: 2
High: 1

ARKANSAS VIRTUAL ACADEMY HIGH SCHOOL
High · Grades 9–12 · ARKANSAS VIRTUAL ACADEMY
1,872 students
NORTH LITTLE ROCK MIDDLE SCHOOL
Middle · Grades 7–8 · NORTH LITTLE ROCK SCHOOL DISTRICT
1,052 students
RIDGE ROAD ELEMENTARY SCHOOL
Elementary · Grades K–5 · NORTH LITTLE ROCK SCHOOL DISTRICT
534 students
NORTH LITTLE ROCK MIDDLE SCHOOL 6TH GRADE CAMPUS
Middle · Grades 6 · NORTH LITTLE ROCK SCHOOL DISTRICT
519 students
CRESTWOOD ELEMENTARY SCHOOL
Elementary · Grades K–5 · NORTH LITTLE ROCK SCHOOL DISTRICT
491 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield5.3%

Net yield (after ~40% expenses)3.2%

Annual rent$13,155

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,257

Loan principal$198,794

Down payment$49,698

Total interest paid$253,551

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.49

Monthly cost to own$1,631

Monthly rent$1,096

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 45th percentile^[1]
Rental yield: 28th percentile^[2]
Property tax: 88th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 72116?: The typical home in 72116 is worth $248,492, based on the Zillow Home Value Index.
Are home values rising in 72116?: Home values in 72116 are up 3.8% over the past year, and up 4.6% a year over five years.
What is the typical rent in 72116?: A typical home in 72116 rents for about $1,096 a month, a gross rental yield of 5.3%.
What is the property tax rate in 72116?: The effective property tax rate in 72116 is 0.8% — roughly $2,010 a year on a typical home.
Who lives in 72116?: ZIP code 72116 has a population of 22,464 and a median household income of $79,010.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

72002 vs 72116 →
Bryant, AR
Typical home
$248,378
Gross yield
—
72023 vs 72116 →
Cabot, AR
Typical home
$250,079
Gross yield
6.8%
72007
Austin, AR
Typical home
$250,664
Gross yield
5.4%
72022
Bryant, AR
Typical home
$252,765
Gross yield
6.9%
72011
Bauxite, AR
Typical home
$242,937
Gross yield
—
72065
East End CDP, AR
Typical home
$240,653
Gross yield
—

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#Jump to section

U.S. ZIP Code · AR72116

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