The story of this market
The typical home in ZIP 71740 sells for about $135,000, or $98 per square foot.
Prices are up +3.8% from a year ago, so sellers still have some momentum. Homes take about 84 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $850 a month.
ZIP 71740
The housing market in 71740 is stable with low transaction volume and modest price appreciation. Market conditions are driven by local rural demand and limited inventory, with no significant new development activity reported.
This area is best suited for budget-conscious buyers, retirees, or those seeking a quiet, rural lifestyle with low cost-of-living requirements.
Median prices moved up 3.8% year over year.
Homes spend a median of 84 days on market with 10.5 months of supply — a slower-moving market.
12% of listings have cut prices · homes sell at 96.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.2% · poverty 16.8% — 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 5.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 71740, Columbia County, Arkansas
Crime rates in the area are generally low compared to national averages, with property crime being the primary concern in this rural setting.
Schools serving the area are primarily part of the Emerson-Taylor-Bradley School District, which maintains a small-town educational environment with limited extracurricular offerings.
The area is subject to standard regional risks including severe thunderstorms and occasional flooding in low-lying zones; wildfire risk is considered low to moderate.
Economic momentum is modest, driven largely by local agriculture, timber, and small-scale manufacturing, with limited new large-scale infrastructure development.
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.
Commutes are primarily car-dependent, with residents traveling to Magnolia or nearby industrial hubs for employment.
Recreational opportunities are centered on outdoor activities, including local parks, fishing, and hunting, with limited commercial shopping or entertainment venues.
The rental market is characterized by low inventory and limited turnover, with demand primarily from local workers and long-term residents.
The local economy is anchored by the timber industry, agriculture, and regional manufacturing facilities in Columbia County.
Transportation is entirely reliant on private vehicles, with no public transit infrastructure available.
There are no major large-scale commercial or residential developments currently approved or under construction in this ZIP code.
The Columbia County Assessor manages property valuations, typically reassessing on a cyclical basis to reflect market value changes.
Parcels are subject to school district taxes and county-wide levies for emergency services and road maintenance.
Property insurance premiums are influenced by regional weather patterns, with standard coverage available for wind and hail damage.
Net domestic migration in Arkansas has been positive, though rural areas like Columbia County see slower growth compared to urban centers.
Arkansas is a non-judicial foreclosure state, allowing for relatively efficient processing of defaults under statutory notice requirements.
Sellers are required to provide a property disclosure statement, though the state's requirements are generally less stringent than in other jurisdictions.
Data retrieved from data.census.gov using ZCTA 71740 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- MuleKick4.615.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Local community park providing basic outdoor recreation space.
Key-figure check: median price corroborated by the published ten-year series (2024) (within 12.5%).