The story of this market
The typical home in ZIP 71758 sells for about $125,000, or $85 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 142 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $850 a month.
ZIP 71758 — Waldo
The housing market in ZIP 71758 is characterized by extremely low transaction volume and limited inventory, reflecting its rural nature. Prices remain modest and stable, with no significant development or economic shifts driving market activity. Most data points for specific market metrics like active listings and price cuts are based on very small sample sizes.
This ZIP is primarily suited for individuals seeking rural isolation or land-based living, as it lacks the infrastructure, employment, and amenities typically sought by families or commuters.
Median prices moved up 4.2% year over year.
Homes spend a median of 142 days on market with 12.0 months of supply — a slower-moving market.
8% of listings have cut prices · homes sell at 94.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 8.5% · poverty 44.0% — 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 4.4%/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 4.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 71758, Union County AR
The area is a rural, sparsely populated region with limited industrial or commercial development momentum.
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.
Recreational opportunities are primarily limited to rural outdoor activities given the low population density and lack of major commercial amenities.
The rental market is extremely thin with very low inventory and limited data on vacancy or investor activity.
The local economy is largely rural and agricultural, with limited major employers within the ZIP code boundaries.
The Union County Assessor is responsible for the valuation of real property for tax purposes.
Parcels are subject to local school district and county-level property tax levies.
Arkansas is a non-judicial foreclosure state.
Arkansas law requires sellers to provide a property disclosure form, though it is limited in scope compared to other states.
Data retrieved from Census Reporter profile for ZCTA 71758.
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- Stars Theater4.313.7 mi
- MuleKick4.618.3 mi
- Arkansas Museum of Natural Resources4.812.1 mi
- Arkansas Museum of Natural Resources4.812.1 mi
- Mystic Creek Golf Club4.611.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.