The story of this market
The typical home in ZIP 72374 sells for about $229,000, or $125 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 98 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $850 a month.
ZIP 72374 — Poplar Grove
The housing market in 72374 remains stable with low inventory and minimal sales activity, typical of a rural agricultural area. Prices have seen modest year-over-year growth, though the market is constrained by limited supply and a lack of new development. Buyers are primarily local residents or those seeking rural property, with few speculative investors present.
This ZIP is best suited for individuals seeking rural living, agricultural land, or affordable housing options away from major urban centers.
Median prices moved up 2.4% year over year.
Homes spend a median of 98 days on market with 6.2 months of supply — a slower-moving market.
15% 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 6.8% · poverty 19.4% — a mixed stability 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 5.2%/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 5.3%/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 72374, Phillips County AR
The area is located in a region with moderate flood risk associated with the Mississippi River delta plain.
The local economy is primarily driven by agricultural production and regional logistics support in Phillips County.
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 rural, requiring personal vehicle travel to reach employment centers in Helena-West Helena or nearby regional hubs.
Recreation is centered on outdoor activities including hunting, fishing, and access to the Mississippi River levee system.
The rental market is characterized by low turnover and limited inventory, primarily serving local agricultural and service-sector workers.
The economy is heavily reliant on the agricultural sector, specifically row-crop farming and related logistics.
Parcels are subject to Phillips County school district levies and local drainage district assessments.
Property insurance premiums are influenced by the area's proximity to the Mississippi River and associated flood-zone designations.
Data retrieved from data.census.gov using ZCTA 72374 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.
- Delta Heritage Trail State Park4.85.4 mi
- Delta Cultural Center4.614.9 mi
- Delta Heritage Trail State Park4.85.4 mi
- Twin City Shopping Center4.211.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides access for outdoor recreation and flood protection.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.