The story of this market
The typical home in ZIP 71935 sells for about $145,000, or $115 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 120 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $850 a month.
ZIP 71935 — Daisy
The housing market in 71935 is characterized by low inventory and slow turnover, typical of a small, unincorporated rural community. Prices have seen modest appreciation consistent with regional trends, though the limited number of transactions makes the market highly sensitive to individual property sales.
This ZIP is best suited for retirees, outdoor enthusiasts, and those seeking affordable rural living in the Ouachita Mountains.
Median prices moved up 2.5% year over year.
Homes spend a median of 120 days on market with 6.0 months of supply — a slower-moving market.
15% 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 4.5% · poverty 14.0% — 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 4.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
ZCTA 71935, Montgomery County AR
The area is located along the Caddo River, presenting localized flood risks; insurance availability is standard for rural Arkansas.
Economic momentum is limited, characterized by small-scale rural commerce and proximity to regional tourism hubs like Glenwood.
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.
Commutes are primarily by private vehicle toward Glenwood or Mount Ida; public transit is not available.
The area is defined by its proximity to the Caddo River, offering fishing, kayaking, and outdoor recreation in the Ouachita Mountains.
The rental market is thin with limited inventory, primarily consisting of single-family homes and occasional short-term vacation rentals.
The local economy is driven by agriculture, forestry, and tourism related to the Ouachita National Forest.
Transportation is entirely dependent on state highways; no public transit infrastructure exists.
No major commercial or residential developments are currently reported for this unincorporated area.
Montgomery County Assessor maintains property valuations based on periodic reappraisals.
Parcels are served by the Caddo Hills School District and local county utility services.
Property insurance premiums are influenced by rural fire protection ratings and flood zone proximity.
Arkansas is a non-judicial foreclosure state.
Arkansas law requires sellers to provide a property disclosure form regarding known material defects.
Data retrieved from Census Bureau 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.
- Crystal Vista4.612 mi
- Little Missouri Falls4.89.3 mi
- Daisy State Park4.710.5 mi
- Eagle Rock Loop4.88.8 mi
- Crooked Creek Falls4.77.5 mi
- Crystal Vista4.612 mi
- Albert Pike Recreation Area4.76.6 mi
- Daisy State Park4.710.5 mi
- Eagle Rock Loop4.88.8 mi
- Kirby Landing Public Use Area4.811.2 mi
- Self Creek Lodge and Marina4.710.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Primary local attraction for fishing and water sports.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.