The story of this market
The typical home in ZIP 72360 sells for about $92,255, or $44 per square foot.
Prices are down 10.3% from a year ago, which gives buyers more room to negotiate. Homes take about 25 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $909 a month.
ZIP 72360 — Marianna
The housing market in 72360 is experiencing a decline in home values and a shrinking population base. With a high poverty rate and limited economic development, the market remains stagnant with very low sales volume. Figures for rent, tax rates, and specific vacancy metrics are not currently published at the ZIP level.
This ZIP is primarily suited for local residents and those seeking highly affordable housing, as the market is characterized by low price points and limited economic growth.
Median prices moved down 10.3% year over year.
Homes spend a median of 25 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · poverty 56.8% — a mixed stability profile.
versus the prior ACS vintage
ZCTA 72360, Lee County AR
The area is served by the Lee County School District, which faces significant challenges in academic performance and resource allocation.
The region is subject to flood risks associated with the Mississippi Delta geography and requires standard property insurance coverage for wind and storm events.
Economic momentum is limited, with the area primarily serving as a rural agricultural hub; there are no major corporate headquarters or large-scale infrastructure projects currently reported.
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 local within Marianna, with limited public transit options available for regional travel.
Recreational opportunities include local parks and proximity to the St. Francis National Forest, which offers trails and outdoor activities.
The rental market is characterized by a high share of public and low-income housing options, with limited private-sector investment activity.
The local economy is heavily reliant on agriculture and public sector employment, with limited industrial diversification.
Transportation is dominated by personal vehicle use, with no major public transit infrastructure serving the area.
There are no major commercial or residential developments currently approved or under construction in the ZIP.
The Lee County Assessor manages property valuations for tax purposes.
Parcels are subject to Lee County School District taxes and standard county-level utility and service districts.
Property insurance availability is standard for rural Arkansas, though premiums may be influenced by regional flood and storm risk profiles.
Data aggregated from World Population Review and IncomeByZipCode.
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.
- Tunica Arena and Expo Center4.419.5 mi
- Mississippi River State Park4.71.8 mi
- Delta Heritage Trail State Park4.812.2 mi
- St. Francis National Forest4.66 mi
- Delta Cultural Center4.615.9 mi
- Mississippi River State Park4.71.8 mi
- Delta Heritage Trail State Park4.812.2 mi
- St. Francis National Forest4.66 mi
- Twin City Shopping Center4.212.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major regional attraction offering hiking, fishing, and camping.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.