The story of this market
The typical home in ZIP 71754 sells for about $145,000, or $98 per square foot.
Prices are up +3.5% from a year ago, so sellers still have some momentum. Homes take about 82 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $850 a month.
ZIP 71754 — Magnolia
The housing market in 71754 remains stable with modest price appreciation and consistent inventory levels. Market conditions are driven by local employment stability and a steady demand for affordable single-family housing. No significant shifts in market sentiment were observed this quarter.
This area is well-suited for families and individuals seeking an affordable, small-town lifestyle. It appeals to those who prioritize lower cost-of-living and community stability over proximity to major metropolitan employment centers.
Median prices moved up 3.5% year over year.
Homes spend a median of 82 days on market with 6.5 months of supply — a balanced-paced market.
12% 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 4.8% · poverty 19.0% — 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 4.8%/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 4.2%/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 71754, Columbia County AR
Crime rates in the Magnolia area are generally consistent with rural Arkansas averages, with property crime being the primary concern. Local law enforcement maintains a stable presence, and the area is considered safer than larger urban centers in the state.
Schools serving the area are primarily part of the Magnolia School District, which provides standard public education services. Performance metrics are generally aligned with state averages for rural districts.
The area is subject to standard regional risks including severe thunderstorms and occasional tornado activity. Flood risk is localized to specific low-lying areas near regional creeks and drainage basins.
Economic momentum is driven by local manufacturing, education, and regional agricultural support. Development is steady but modest, with infrastructure focused on maintaining existing utility and road networks.
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 most residents traveling within the immediate Magnolia area for employment. Access to major regional highways facilitates travel to nearby hubs like El Dorado or Texarkana.
Local amenities include city parks, community sports facilities, and proximity to regional fishing and outdoor recreation areas. Shopping and dining are concentrated in the downtown Magnolia district.
The rental market is characterized by moderate demand, primarily serving students and local workforce members. Vacancy rates are generally stable, with limited new multi-family development.
The economy is anchored by Southern Arkansas University, local manufacturing, and regional healthcare services. It maintains a stable industry mix typical of a rural county seat.
Transportation is dominated by private vehicle use, with regional highways serving as the primary transit corridors. Public transit options are extremely limited.
Development is largely infill-based, with no major large-scale master-planned communities currently under construction.
The Columbia County Assessor maintains property valuations based on periodic reappraisals to ensure equitable tax distribution.
Parcels are subject to school district taxes and local municipal levies. No major MUDs or PIDs are prevalent in this area.
Property insurance premiums are influenced by regional weather risks, including wind and hail exposure. Market health is stable with standard carrier availability.
Net domestic migration is generally neutral, with a balance between local workforce retention and modest outward movement.
Arkansas is a non-judicial foreclosure state, allowing for a streamlined process under specific statutory notice requirements.
Sellers are required to provide a property disclosure statement, though the scope is generally limited compared to other states.
Data retrieved from census.gov ZCTA-level tables.
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.
- MuleKick4.61.2 mi
- Logoly State Park4.66.2 mi
- Eastside Park41.2 mi
- Logoly State Park4.66.2 mi
- Eastside Park41.2 mi
- Brookshire's4.41.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides walking trails and recreational space for residents.
Major regional anchor providing cultural and athletic events.
Historic district with local retail and dining options.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.