The story of this market
The typical home in ZIP 71943 sells for about $215,000, or $138 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 84 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $950 a month.
ZIP 71943 — Glenwood
The housing market in 71943 is characterized by low inventory and stable, modest price growth. Market activity is driven by local demand and limited new construction, with no significant speculative development reported. Figures for specific metrics like active listings and days on market are based on current local market observations.
This ZIP is well-suited for retirees, outdoor enthusiasts, and families seeking a quiet, rural lifestyle with affordable housing costs compared to larger urban centers.
Median prices moved up 2.4% year over year.
Homes spend a median of 84 days on market with 5.2 months of supply — a balanced-paced market.
12% 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 5.2% · poverty 16.8% — 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 7.2%/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 6.7%/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 71943, Arkansas
Crime rates in the Glenwood area are generally reported as lower than the national average, with property crime being the most common concern in this rural setting.
The area is primarily served by the Glenwood School District, which maintains a modest rating and focuses on community-integrated education.
The region faces moderate risks related to seasonal severe weather, including thunderstorms and occasional high winds, with standard insurance coverage typically available.
Economic momentum is driven by local timber, agriculture, and tourism related to the nearby Ouachita Mountains, with limited large-scale industrial development.
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 nearby employment hubs in Hot Springs or Arkadelphia.
The area offers significant outdoor recreation, including proximity to the Caddo River, Ouachita National Forest, and local parks suitable for fishing and hiking.
The rental market is characterized by low inventory and steady demand, with limited multi-family options and a reliance on single-family home rentals.
The local economy is anchored by agriculture, timber production, and small-scale retail, with many residents commuting to Hot Springs for broader employment opportunities.
Transportation is almost exclusively via private vehicle, with Highway 8 serving as the primary arterial route.
There are no major large-scale commercial or residential developments currently under construction in the immediate ZIP code area.
Parcels are subject to local school district taxes and county-level assessments for emergency services and road maintenance.
Property insurance remains available, though premiums are influenced by regional wildfire and storm risk assessments.
Data retrieved from data.census.gov ZCTA 71943 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.
- Funtrackers Family Fun Park4.719.6 mi
- Volcano Falls Miniature Golf4.619.6 mi
- Funtrackers Family Fun Park4.719.6 mi
- Guacamole’s Mexican Grill & Cantina4.219.5 mi
- Crystal Vista4.612.4 mi
- Twin Creek Crystal Mine Ark4.410.3 mi
- Avant Mining Fisher Mountain Rock Shop and Public Dig4.611 mi
- Hickory Nut Mountain Vista4.911.9 mi
- Tompkins Bend Campground site 35C4.712.3 mi
- Crystal Vista4.612.4 mi
- Crystal Springs Campground4.611.4 mi
- Hickory Nut Mountain Vista4.911.9 mi
- Tompkins Bend Campground site 35C4.712.3 mi
- Joplin Use Area4.712.7 mi
- Crystal Springs Marina Village4.711.5 mi
- Safe Harbor Brady Mountain4.516.4 mi
- Mountain Harbor Marina4.812.5 mi
- DeGray Resort Marina4.719.6 mi
- Glenwood Country Club4.55.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Popular for kayaking, canoeing, and fishing.
Extensive public land for hiking and outdoor recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.