Heights home values

Heights
Little Rock, Arkansas · Neighborhood report
Typical value $229K · ZIP 72205 · Values through Aug 2026

Heights at a glance

  • Zillow’s Home Value Index puts the typical home at $229,200 (Aug 2026), +2.6% over the past 12 months and +16% over five years.
  • The Census median home value is $204,400 — about the same as Little Rock overall and 40% below the U.S. median.
  • Median household income is $62,888, so homes cost 3.3× local income.
  • Median rent is $1,110/month (a 6.5% gross rental yield).
  • Its ZIP ranks 5th of 10 Little Rock ZIP codes by home value.
  • These figures are for ZIP 72205, which Heights shares with Hillcrest, Midtown, Stifft Station.
Value trend

Heights home value trend

$229K
Typical value (Aug 2026)
+2.6%
1-year change
+16%
5-year change
+41%
10-year change
Heights typical home value, Aug 2016 to Aug 2026$180K$210K20182020202220242026
HeightsLittle Rock

Over the 12 months to Aug 2026, typical home values in Heights rose 2.6%, to about $229,200. That is 1.4 percentage points slower than Little Rock (+4.0%). Values are at or near their highest level on record in this series. Over five years the typical home gained $31,100 in value (+16%).

Year-by-year values
MonthTypical valueChange vs year before
Aug 2026$229,200+2.6%
Aug 2025$223,400−1.0%
Aug 2024$225,600+3.8%
Aug 2023$217,400+0.1%
Aug 2022$217,100+9.6%
Aug 2021$198,100+10.9%
Aug 2020$178,700+2.8%
Aug 2019$173,700+3.5%
Aug 2018$167,800+2.2%
Aug 2017$164,200+1.3%
Aug 2016$162,100—

Source: Zillow Home Value Index (ZHVI), typical value of mid-tier homes, smoothed & seasonally adjusted. Areas with several ZIPs: population-weighted.

Value score

Heights home value score

6.7
Value Score / 10
Census-based
from local value, rent & income

In ZIP 72205, rents are moderate relative to prices, and homes are moderately priced against local incomes.

How the Value Score is built

Rental yield5.0 / 10
Gross annual rent as a share of home value — 6.5% here. Higher means stronger cash flow.
Affordability8.4 / 10
Home value versus local income — 3.3× here. Lower is more affordable.

Computed figures

6.5%
Gross rental yield
3.3×
Price-to-income
−40%
Value vs U.S.

A transparent value snapshot — computed from U.S. Census ACS (2023) for this ZIP: home value, gross rent and household income. It is not a market-timing or appreciation forecast.

Comparison

Heights vs Little Rock, Arkansas and the U.S.

HeightsLittle RockArkansasU.S.
Typical value (Zillow, Aug 2026)$229,200$225,300$266,600—
1-year change+2.6%+4.0%+4.1%—
5-year change+16%+16%+21%—
Median home value (Census)$204,400$204,700$233,200$340,200
Median household income$62,888$62,700$63,200$78,500
Median gross rent$1,110/mo$1,055/mo$1,052/mo$1,406/mo
Price-to-income ratio3.3×3.3×3.7×4.3×
Gross rental yield6.5%6.2%5.4%5.0%
Rent as share of income21%20%20%21%
Mortgage payment*$1,034/mo$1,035/mo$1,179/mo$1,720/mo

Census figures: U.S. Census Bureau ACS 5-year estimates; areas spanning several ZIPs use population-weighted averages of ZIP medians, and city/state columns cover the ZIPs of the places listed on this site. Zillow: ZHVI. *Principal & interest on the Census median value, 20% down, 6.5% fixed, 30 years.

Buying vs renting

What it costs to buy a home in Heights

$229K
Typical price
$46K
Down payment (20%)
$1,159
Monthly P&I
$1,110
Median rent

At today’s typical value of $229,200 (Zillow, Aug 2026), a buyer putting 20% down ($45,840) and financing the rest at 6.5% over 30 years would pay about $1,159 a month in principal and interest — 22% of the median household income here. That sits within the common 28% guideline, so the typical home is within reach of a typical local household. The median rent is $1,110/month, so owning and renting cost about the same each month before taxes, insurance and upkeep.

Estimate only: excludes property tax, insurance, HOA and PMI, which vary by property. Incomes and rents are the latest Census (ACS 2023) figures. Run your own numbers in the estimator below.

Take-aways

What this means for buyers, sellers and investors in Heights

Buyers

Homes cost about 3.3× the local median income — affordable by national standards, so first-time buyers have a realistic path in.

Sellers

Values are up 2.6% on the year, so recent sales support your price — and get a home-specific estimate: condition and size move the number more than the area average.

Investors

A gross rental yield of 6.5% is middling — returns depend on buying below the typical price or adding value.

Nearby

Other neighborhoods in Little Rock

NameHome value1-yrIncomeRentPrice / income
Benton city data$247K+5.5%$54K$1,0404.6×
Brodie Creek$258K+2.6%$81K$1,1423.2×
Bryant$118K+2.3%$39K$1,0163.0×
Capitol View ZIP 72201 · shared$262K−7.5%$112K$1,3442.3×
Chenal Valley ZIP 72223 · shared$435K+2.9%$99K$1,2424.4×
Downtown ZIP 72201 · shared$262K−7.5%$112K$1,3442.3×
Heights ZIP 72205 · shared$204K+2.6%$63K$1,1103.3×
Hillcrest ZIP 72205 · shared$204K+2.6%$63K$1,1103.3×
Jacksonville$125K+3.6%$42K$1,1253.0×
Maumelle ZIP 72223 · shared$435K+2.9%$99K$1,2424.4×
Midtown ZIP 72205 · shared$204K+2.6%$63K$1,1103.3×
North Little Rock (Argenta) city data$247K+5.5%$54K$1,0404.6×
Quapaw Quarter$132K+9.8%$49K$9102.7×
River Market ZIP 72201 · shared$262K−7.5%$112K$1,3442.3×
Riverdale city data$247K+5.5%$54K$1,0404.6×
Sherwood$385K+5.2%$94K$9424.1×
Southwest Little Rock$99K+3.5%$40K$9822.5×
Stifft Station ZIP 72205 · shared$204K+2.6%$63K$1,1103.3×
West Little Rock$189K+4.6%$76K$1,0262.5×

Home value, income and rent: Census ACS medians; 1-yr: Zillow ZHVI change over 12 months. Tap a column heading to sort.

Common questions

Heights real estate FAQ

Are home prices going up in Heights?

Up — the Zillow Home Value Index for Heights rose 2.6% in the 12 months to Aug 2026, to about $229,200. Little Rock changed +4.0% over the same period. Over five years values are +16%.

What is the typical home value in Heights?

The median owner-occupied home in Heights is valued at about $204,400 according to the U.S. Census Bureau’s ACS 2023 5-year estimates — 40% below the U.S. median and about the same as Little Rock. Zillow’s more current index puts the typical home at about $229,200.

Is Heights affordable?

Homes cost about 3.3× the median household income of $62,888, which is affordable by national standards. At today’s typical value of about $229,200, principal and interest would take about 22% of that income.

How much is rent in Heights?

Median gross rent (rent plus utilities) is about $1,110 a month, 21% below the U.S. median, or 21% of the median household income.

Is Heights good for rental property investment?

The gross rental yield — a year of median rent divided by the typical home value — is 6.5%. That is average; returns depend on the purchase price and costs.
Your home

What’s your Heights home worth?

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Estimates are informational only and are not an appraisal.

Methodology

About this data

Data last updated: September 2026.

Current values and trends use the Zillow Home Value Index (ZHVI) — the typical value of mid-tier homes, smoothed and seasonally adjusted — through Aug 2026. It is refreshed monthly.

Median values, incomes, rents, housing stock and commutes come from the U.S. Census Bureau’s American Community Survey (ACS) 5-year estimates at ZIP Code Tabulation Area level. City and state figures are population-weighted averages of their ZIPs.

The Value Score (0–10) blends gross rental yield and price-to-income affordability. It is a value snapshot, not a forecast.

Mortgage figures assume 20% down and a 6.5% fixed 30-year loan, principal and interest only.

These are area-level statistics, not an appraisal of any individual property, and not financial advice.

Sources: U.S. Census ACS · Zillow ZHVI.