The story of this market
The typical home in ZIP 71765 sells for about $66,400, or $48 per square foot.
Prices are up +1.2% from a year ago, so sellers still have some momentum. Homes take about 112 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $659 a month.
ZIP 71765 — Strong
The housing market in 71765 is characterized by low turnover and high affordability, with median home values remaining well below national averages. Market activity is minimal, reflecting the rural nature of the area and a stable, aging population. No significant development or price volatility is currently observed.
This ZIP is best suited for local residents and retirees seeking affordable housing in a rural setting, rather than investors or commuters.
Median prices moved up 1.2% year over year.
Homes spend a median of 112 days on market with 6.0 months of supply — a slower-moving market.
8% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 8.4% · poverty 24.5% — 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 1.5%/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 2.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 71765, Union County AR
The area is served by the Strong-Huttig School District, which maintains a limited number of public school facilities.
The region is subject to standard regional flood and wind risks common to southern Arkansas.
Economic momentum is limited, with the local economy primarily supported by regional agricultural and forestry industries.
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 nearby regional employment hubs in Union County.
Local recreation is centered on outdoor activities, with proximity to regional parks and natural areas in southern Arkansas.
The rental market is characterized by low inventory and affordability constraints, with rents closely tied to local income levels.
The local economy is heavily reliant on regional forestry, agriculture, and small-scale local services.
Transportation infrastructure is limited to rural highway access with no public transit options.
There are no major commercial or residential developments currently approved or under construction in this ZIP.
The Union County Assessor manages property valuations based on state-mandated assessment cycles.
Parcels are subject to standard county and school district tax levies.
Property insurance premiums are influenced by regional weather patterns and rural fire protection ratings.
Arkansas operates as a non-judicial foreclosure state with specific notice and redemption requirements.
Sellers are required to provide a property disclosure statement regarding known material defects.
Data retrieved from data.census.gov ZCTA 71765 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.
- Moro Bay State Park4.78.9 mi
- Moro Bay State Park4.78.9 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: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.