The story of this market
The typical home in ZIP 71763 sells for about $75,000, or $65 per square foot.
Prices are down 2.1% from a year ago, which gives buyers more room to negotiate. Homes take about 142 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $750 a month.
ZIP 71763 — Sparkman
The housing market in 71763 is characterized by low volume and stable, affordable pricing. Market activity remains slow, with limited inventory and long days on market, reflecting the rural nature of the area. There are no significant developments or economic shifts driving major changes in the local real estate landscape.
This ZIP is best suited for retirees, budget-conscious families, and those seeking a quiet, rural lifestyle with low cost-of-living requirements.
Median prices moved down 2.1% year over year.
Homes spend a median of 142 days on market with 6.0 months of supply — a slower-moving market.
15% of listings have cut prices · homes sell at 94.5% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.8% · poverty 19.5% — 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 2.1%/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 2.4%/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 71763, Dallas County AR
Crime rates in Sparkman are generally low, consistent with rural Dallas County, Arkansas, though limited reporting makes regional comparisons difficult.
The area is served by the Sparkman School District, which provides small-town educational settings with limited extracurricular offerings compared to larger districts.
The region faces moderate risks from severe thunderstorms and occasional flooding, typical of the Ouachita River basin area.
Economic momentum is limited, with the local economy primarily supported by agriculture, timber, and small-scale local services.
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 driving to larger employment hubs like Arkadelphia or Camden.
Recreation is centered on outdoor activities, including proximity to local hunting, fishing, and small community parks.
The rental market is characterized by low turnover and limited inventory, primarily consisting of single-family homes and small apartment complexes.
The local economy is driven by the timber industry, agriculture, and public sector employment within the county.
Transportation is entirely reliant on private vehicles, with no public transit infrastructure available.
There are no major commercial or residential developments currently planned or under construction in the area.
The Dallas County Assessor manages property valuations, with assessments typically updated on a cyclical basis.
Parcels are subject to standard county and school district tax levies, with no significant MUD or PID presence.
Property insurance premiums are influenced by rural fire protection ratings and regional weather-related hazard exposure.
Net domestic migration is stable to slightly negative, reflecting broader rural population trends in Arkansas.
Arkansas is a non-judicial foreclosure state, allowing for relatively efficient processing of defaulted mortgages.
Arkansas law requires sellers to provide a property disclosure form, though it is limited in scope compared to other states.
Data retrieved from data.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.
Local community park providing basic recreational space.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.