The story of this market
The typical home in ZIP 72142 sells for about $172,450, or $115 per square foot.
Prices are roughly flat from a year ago (-0.3%), a market in balance. Homes take about 51 days to sell. HUD's fair market rent for a two-bedroom is $1,250 a month.
ZIP 72142
The housing market in 72142 is characterized by low inventory and stable pricing, reflecting a quiet, rural-leaning market. Most figures for specific school ratings and utility providers are not determinable at the ZIP level. The area remains a niche market for those prioritizing space over proximity to urban centers.
This area is primarily suited for those seeking a rural or semi-rural lifestyle in central Arkansas, given its low population density and agricultural character.
Median prices moved down 0.3% year over year.
Homes spend a median of 51 days on market with 5.2 months of supply — a balanced-paced market.
20% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.1% · poverty 11.2% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 72142, Arkansas
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.
The local economy is largely influenced by the broader Little Rock-North Little Rock metropolitan area, with a mix of agricultural and service-sector employment.
Data retrieved from Census Bureau ZCTA-level tables.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.