The story of this market
The typical home in ZIP 71642 sells for about $175,800, or $115 per square foot.
Prices are up +7.2% from a year ago, so sellers still have some momentum. Homes take about 120 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $750 a month.
ZIP 71642 — Fountain Hill
The housing market in ZIP 71642 is characterized by low inventory and high homeownership rates, reflecting a stable, rural community. Market data for specific metrics like days on market and active listings are limited due to the small population size. Current trends suggest a steady, slow-growth environment driven by local agricultural and forestry economic foundations.
This ZIP is best suited for local families and individuals seeking a quiet, rural lifestyle with high homeownership rates and a lower cost of living compared to urban centers.
Median prices moved up 7.2% year over year.
Homes spend a median of 120 days on market with 7.5 months of supply — a slower-moving market.
10% of listings have cut prices · homes sell at 96% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.7% · poverty 12.0% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 0.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 71642, Ashley County, Arkansas
The area is subject to standard regional flood and wind risks common to rural southeastern Arkansas.
Economic momentum is limited, with the area primarily serving as a rural residential base for the surrounding agricultural region.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Arkansas) — Arkansas Disabled Veteran Total Property Tax Exemption: Provides a 100% exemption from all ad valorem real property taxes on the principal homestead. Formula: Net Ad Valorem Tax Due = $0.00. State (Arkansas) — Arkansas Senior and Disabled Assessment Freeze: Freezes the assessed taxable value of the homestead at the prevailing assessed value at the time the owner becomes eligible or purchases the property. State (Arkansas) — Arkansas State Homestead Property Tax Credit: Provides a direct reduction against ad valorem property taxes up to $350.00 (increased to $350 by Act 655 of 2009; further statutory increases may apply up to $425 depending on legislative session). Formula: Final Tax Due = max($0, Gross Ad Valorem Tax - Homestead Credit). State (Arkansas) — Arkansas Amendment 79 Assessment Growth Caps (Assessment Limitation): Caps annual assessed value growth following a countywide reappraisal: homestead parcel taxable assessments cannot increase by more than 5% per year, and non-homestead residential parcel taxable assessments cannot increase by more than 10% per year until taxable assessment reaches… State (Arkansas) — Arkansas Ad Valorem Property Tax Assessment Ratio and Valuation: Imposes an ad valorem property tax based on a uniform statutory assessment ratio of 20% of true market value.
Residents typically rely on personal vehicles for travel, with longer commute times to regional employment hubs in larger nearby towns.
Recreational opportunities are primarily rural, including access to local outdoor spaces and community-based activities in the surrounding Ashley County area.
The rental market is limited in depth, with low vacancy pressure and minimal short-term rental activity.
The local economy is heavily tied to agriculture and forestry, which are the primary industries in Ashley County.
Transportation is entirely dependent on private vehicle use, with no public transit infrastructure available.
There are no major commercial or residential developments currently approved or under construction in this rural ZIP code.
The Ashley County Assessor manages property valuations, with assessments typically updated periodically to reflect market changes.
Parcels are subject to local school district taxes and county-wide levies for public services.
Property insurance premiums are influenced by regional weather patterns, including potential wind and storm damage risks.
Data retrieved from US Civic Data and Census Bureau ZCTA profiles.
Local hub for town services and community gatherings.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.