The story of this market
The typical home in ZIP 72128 sells for about $185,000, or $128 per square foot.
Prices are up +2.8% 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 72128
The housing market in 72128 is characterized by low inventory and slow turnover, typical of a small rural community. Prices have seen modest year-over-year growth, driven by limited supply rather than high demand. The market remains stable with little evidence of significant speculative activity.
This ZIP is best suited for individuals or families seeking a quiet, rural lifestyle with affordable housing costs and a small-town community atmosphere.
Median prices moved up 2.8% year over year.
Homes spend a median of 84 days on market with 7.0 months of supply — a slower-moving market.
14% 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 4.5% · poverty 11.0% — 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 5.4%/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 5.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 72128, Grant County AR
The area is served by the Poyen School District, which maintains a small-town educational environment.
The region is subject to standard Arkansas climate risks, including severe thunderstorms and occasional tornado activity.
Economic activity is primarily driven by local agriculture and small-scale commerce, 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.
Residents typically rely on U.S. Route 270 for commuting to nearby employment hubs in larger Grant or Saline County cities.
Local recreation is centered on outdoor activities, including proximity to rural landscapes and community-focused events in Poyen.
The rental market is limited in depth, consisting primarily of single-family homes with low turnover and minimal investor activity.
The local economy is largely agricultural and service-oriented, with many residents commuting to larger regional centers for employment.
Transportation is primarily automobile-dependent, with U.S. Route 270 serving as the main arterial corridor.
There are no major large-scale commercial or residential developments currently reported for this rural ZIP code.
The Grant County Assessor manages property valuations based on state-mandated assessment cycles.
Parcels are subject to Poyen School District taxes and standard county-level service districts.
Property insurance premiums are influenced by regional weather patterns, including wind and hail risk common in Central Arkansas.
Arkansas operates as a non-judicial foreclosure state, allowing for efficient processing of defaulted mortgages.
Arkansas law requires sellers to provide a property disclosure statement regarding the condition of the home.
Data retrieved from US Census Bureau ZCTA 72128 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.
- The River Center4.616.2 mi
- City of Bryant Bishop Park4.419.9 mi
- Benton Event Center4.618 mi
- Garland County Fair & Livestock Association4.519 mi
- La Hacienda de Benton4.417.9 mi
- Ouachita River Whitewater Park4.812.5 mi
- Sheridan Parks & Recreation Center4.512.7 mi
- B-17 Memorial Park4.812 mi
- Ouachita River Whitewater Park4.812.5 mi
- Jenkins Ferry Battleground State Park4.19.3 mi
- Malvern City Park4.311.4 mi
- B-17 Memorial Park4.812 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 green space for outdoor recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.