The story of this market
The typical home in ZIP 71753 sells for about $144,782, or $85 per square foot.
Prices are roughly flat from a year ago (-1%), a market in balance. Homes take about 34 days to sell. HUD's fair market rent for a two-bedroom is $810 a month.
ZIP 71753 — Magnolia
The housing market in 71753 is characterized by high vacancy rates and stagnant price growth, reflecting broader economic challenges in the region. While affordability remains a relative strength, the lack of sales volume and declining values suggest a cautious outlook for investors and homeowners alike. Note that specific metrics like sales count and sale-to-list ratio are not published at the ZIP level and are omitted.
This ZIP is best suited for budget-conscious buyers and long-term residents who prioritize affordability over rapid appreciation, as the market currently faces high vacancy and stagnant value growth.
Median prices moved down 1.0% year over year.
Homes spend a median of 34 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.5% · poverty 21.0% — a mixed stability 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 -0.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 71753, Columbia County AR
Public schools in the area are primarily served by the Magnolia School District, which maintains a standard accountability rating within the Arkansas Department of Education framework.
The region is subject to standard inland flood risks and occasional severe storm activity common to Southern Arkansas; insurance premiums are generally stable but sensitive to regional weather events.
Economic momentum is driven by local education and regional manufacturing, though the area faces challenges with population stability and limited large-scale industrial expansion.
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.
Commuting is primarily car-dependent, with residents typically traveling to local employment hubs within Magnolia or neighboring Columbia County towns.
The area features local parks and proximity to Southern Arkansas University facilities, providing basic recreational and athletic amenities for residents.
The rental market exhibits high vacancy pressure, with approximately 27.5% of housing stock vacant, and rents are largely influenced by HUD fair-market benchmarks.
The economy is anchored by Southern Arkansas University and regional agricultural and manufacturing sectors.
Transportation is primarily served by state highway corridors; public transit options are limited.
Development activity is currently focused on small-scale residential maintenance rather than large-scale commercial or infrastructure projects.
The Columbia County Assessor manages property valuations based on periodic reappraisals.
Parcels are subject to local school district taxes and county-wide service levies.
Property insurance availability is standard for the region, with premiums reflecting typical Arkansas risk profiles for wind and hail.
foreclosure_note
Arkansas is a non-judicial foreclosure state, allowing for efficient processing of defaults under state statutes.
Arkansas law requires sellers to provide a property disclosure form, though the scope is limited compared to other states.
Data retrieved from Census Bureau ZCTA-level tables and local market reports.
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.
- MuleKick4.62 mi
- Logoly State Park4.66.2 mi
- Eastside Park40.7 mi
- Logoly State Park4.66.2 mi
- Eastside Park40.7 mi
- Brookshire's4.40.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Major regional anchor institution providing cultural and athletic events.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.