The story of this market
The typical home in ZIP 72053 sells for about $135,000, or $98 per square foot.
Prices are down 2.5% from a year ago, which gives buyers more room to negotiate. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $950 a month.
ZIP 72053
The housing market in 72053 remains stable with low inventory and modest price growth. Market activity is driven by local demand and affordability, with limited new construction impacting supply. Figures are based on current local market data and census estimates.
This ZIP is best suited for budget-conscious families and local workers who prioritize affordability and a quiet, rural-adjacent lifestyle over proximity to urban amenities.
Median prices moved down 2.5% year over year.
Homes spend a median of 45 days on market with 3.2 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.8% · poverty 16.5% — 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 5.3%/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 4.3%/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 72053, Lonoke County AR
Crime rates in the area are generally consistent with regional averages for rural Arkansas, with property crime being the primary concern.
Schools serving the area are part of the local district, which maintains a modest rating and focuses on foundational education.
The area is subject to standard regional risks including severe thunderstorms and occasional flooding in low-lying zones near the Arkansas River.
Economic momentum is stable, driven primarily by local agriculture, small-scale manufacturing, and proximity to regional employment hubs in the Little Rock metro.
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 primarily involves personal vehicle travel via state highways to reach employment centers in the Little Rock-North Little Rock metropolitan area.
Recreational opportunities include local community parks, access to nearby river fishing, and small-town community centers.
The rental market is characterized by low turnover and limited inventory, with demand driven by local workforce needs.
The local economy is anchored by agricultural operations and small-scale service industries, with many residents commuting to the broader Little Rock metro area.
Transportation is heavily reliant on private vehicles; there is no significant public transit infrastructure serving this rural ZIP.
There are no major large-scale commercial or residential developments currently under construction in this ZIP.
The Lonoke County Assessor manages property valuations, with assessments typically updated on a cyclical basis.
Parcels are subject to local school district taxes and county-wide service levies.
Property insurance premiums are influenced by regional weather patterns, including wind and hail risk common in central Arkansas.
Arkansas is a non-judicial foreclosure state, allowing for efficient processing of defaults under state statutes.
Arkansas law requires sellers to provide a property disclosure form, though the scope is limited 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 green space and recreational facilities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.