3-digit ZIP regional index
Home appreciation in ZIP codes 721xxNorth Little Rock, AR area
FHFA HPI® data shows the regional home price index for ZIP codes beginning with 721 changed +3.0% over the year to Q2 2026, compared with +3.1% for Arkansas and +3.0% for the United States.
The region covers ZIP codes 72101–72181. Most of its 2010 population lived in Pulaski County (41%), White County (14%), Hot Spring County (8%). Communities in the region include Sherwood, Searcy, Maumelle, Malvern, Stuttgart. This is a regional index, not a ZIP5, street, or individual-home estimate.
- 1-year change
- +3.0%
- 5-year change
- +40.9%
- Since Q1 1995
- +179%
- National rank (1 year)
- 543rd
Year to Q2 2026
vs U.S. +41.3%
vs U.S. +292%
of 882 ZIP3 regions
ZIP3 721 vs Arkansas and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- ZIP3 721: 279.2
- Arkansas: 318.0
- Little Rock-North Little Rock-Conway, AR metro: 284.8
- United States: 391.6
Want a different starting year? Rebase this chart or compare with another ZIP3.
Appreciation by time window
| Window | ZIP3 721 | AR | U.S. | Gap vs AR | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +3.0% | +3.1% | +3.0% | −0.1 pts | +0.0 pts |
| 3 years | +12.4% | +12.7% | +12.9% | −0.3 pts | −0.4 pts |
| 5 years | +40.9% | +45.4% | +41.3% | −4.4 pts | −0.4 pts |
| 10 years | +66.1% | +85.9% | +93.3% | −19.8 pts | −27.2 pts |
| Since Q1 1995 | +179% | +218% | +292% | −38.8 pts | −112.3 pts |
If you bought in ZIP3 721 in…
Applying the regional index change from the same quarter of each year to Q2 2026 to an example $300,000 purchase price. Individual homes can differ widely from the regional average.
| Bought in | Index change | $300,000 then, at the regional rate |
|---|---|---|
| Q2 1995 | +173% | $818,486 |
| Q2 2000 | +134% | $700,552 |
| Q2 2005 | +87.3% | $561,851 |
| Q2 2010 | +70.6% | $511,897 |
| Q2 2015 | +67.6% | $502,863 |
| Q2 2020 | +52.3% | $456,996 |
| Q2 2021 | +40.9% | $422,749 |
| Q2 2023 | +12.4% | $337,219 |
| Q2 2025 | +3.1% | $309,156 |
How ZIP3 721 ranks
Over the past year ZIP3 721 ranks 543rd of 882 3-digit ZIP regions nationally and 11th of 14 in Arkansas. Its one-year change is +0.0 pts versus the nation and −0.1 pts versus Arkansas. Rank 1 is the strongest appreciation.
| Window | National rank | Rank in Arkansas |
|---|---|---|
| 1 year | 543rd of 882 | 11th of 14 |
| 3 years | 622nd of 882 | 11th of 14 |
| 5 years | 553rd of 882 | 12th of 14 |
| 10 years | 782nd of 882 | 12th of 14 |
| Since Q1 1995 | 835th of 879 | 13th of 14 |
Boom, bust, and recovery in ZIP3 721
ZIP3 721's index peaked in Q1 2009, fell 3.4% to its low in Q1 2011, and regained its peak in Q4 2014, about 5.8 years after the top. Today it sits +68.9% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| ZIP3 721 | Q1 2009 | Q1 2011 | -3.4% | Q4 2014 (5.8 yrs) | +68.9% |
| AR | Q4 2007 | Q2 2011 | -6.7% | Q3 2015 (7.8 yrs) | +89.2% |
| Metro | Q1 2009 | Q2 2011 | -3.9% | Q1 2015 (6 yrs) | +70.3% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, ZIP3 721's index has changed +26.1% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | ZIP3 721 after inflation | AR after inflation | Metro after inflation | U.S. after inflation |
|---|---|---|---|---|---|
| 1 year | +3.9% | -0.8% | -0.7% | -1.5% | -0.8% |
| 3 years | +9.8% | +2.4% | +2.6% | +0.1% | +2.8% |
| 5 years | +24.0% | +13.6% | +17.2% | +11.1% | +13.9% |
| 10 years | +39.1% | +19.4% | +33.7% | +19.5% | +39.0% |
| Since Q1 1995 | +121% | +26.1% | +43.6% | +28.6% | +76.8% |
Estimate appreciation for a home in ZIP3 721
Regional estimate
$498,257
- Estimated gain
- $198,257
- Index change
- +66.09%
- Start index
- 168.13
- End index
- 279.24
ZIP3 721 (North Little Rock, AR area), Q2 2016 to Q2 2026. Index type: Native 3-Digit ZIP index.
Nearby 3-digit ZIP regions
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 |
|---|---|---|---|---|
| 720 · Conway, AR area | AR | +4.8% | +43.0% | +186% |
| 722 · Little Rock, AR area | AR | +0.9% | +32.4% | +196% |
| 728 · Russellville, AR area | AR | +4.0% | +45.2% | +203% |
| 719 · Hot Springs, AR area | AR | +2.1% | +45.1% | +227% |
| 725 · Batesville, AR area | AR | +4.0% | +45.2% | +203% |
| 716 · Pine Bluff, AR area | AR | +4.0% | +45.2% | +203% |
Recent quarterly index values
| Period | Index |
|---|---|
| Q2 2026 | 279.24 |
| Q1 2026 | 280.47 |
| Q4 2025 | 271.30 |
| Q3 2025 | 273.42 |
| Q2 2025 | 270.97 |
| Q1 2025 | 269.00 |
| Q4 2024 | 270.28 |
| Q3 2024 | 270.36 |
| Q2 2024 | 257.93 |
| Q1 2024 | 260.40 |
| Q4 2023 | 252.19 |
| Q3 2023 | 255.44 |
Frequently asked questions
- How much have home prices risen in ZIP codes starting with 721?
- Based on FHFA HPI® data for 3-digit ZIP region 721, the regional index changed +3.0% over the year to Q2 2026, +40.9% over five years, +66.1% over ten years, and +179% since Q1 1995.
- Is ZIP3 721 appreciating faster than Arkansas and the U.S.?
- Over the past year the region's index +3.0% compares with +3.1% for Arkansas and +3.0% for the U.S., a gap of +0.0 pts versus the nation. Over five years the gap versus the nation is −0.4 pts.
- Which ZIP codes are in 3-digit ZIP region 721?
- All ZIP codes that begin with 721. Census 2010 ZIP Code Tabulation Areas in this region run from 72101 to 72181 (55 areas). FHFA publishes one index for the whole 3-digit region, not for each 5-digit ZIP code.
- Can I use this to value my home?
- No. The FHFA HPI® is a broad regional index of average price movement. It is not an appraisal, tax assessment, or automated valuation of any individual property. Use it as general context alongside local sales and a professional opinion.