The story of this market
The typical home in ZIP 72616 sells for about $245,337, or $145 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 48 days to sell. HUD's fair market rent for a two-bedroom is $855 a month.
ZIP 72616 — Berryville
The Berryville housing market remains stable with modest price appreciation and a balanced inventory level. While demand is steady, the market is characterized by a high vacancy rate and limited rental yield potential, making it a cautious environment for investors. Figures for specific metrics like price-cut percentage and months of supply are based on current local market snapshots.
This ZIP is well-suited for families and individuals seeking a rural, affordable lifestyle in the Ozarks, though it may be less attractive to commuters requiring proximity to major urban employment centers.
Median prices moved up 2.1% year over year.
Homes spend a median of 48 days on market with 6.2 months of supply — a balanced-paced market.
12% 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 3.9% · poverty 14.2% — 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 6.9%/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 6.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 72616, Carroll County AR
Crime rates in Berryville are generally lower than the national average, with property crime being the most frequently reported incident type in the region.
The Berryville School District serves the area with schools generally rated as average, focusing on foundational education for the rural community.
The area faces moderate risks related to severe thunderstorms and occasional flooding in low-lying zones, typical for the Ozark region.
Economic momentum is driven by local manufacturing and agricultural sectors, with steady but modest infrastructure investment in the Carroll County seat.
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 is primarily car-dependent, with residents typically driving to employment hubs in nearby Eureka Springs or larger regional centers like Springdale.
The area offers access to outdoor recreation including the Kings River for fishing and floating, local city parks, and proximity to the Ozark Mountains for hiking and trails.
The rental market is characterized by limited inventory and moderate vacancy pressure, with a mix of long-term rentals and some demand from seasonal workers.
The local economy is anchored by manufacturing, agriculture, and retail services, serving as a commercial hub for rural Carroll County.
Transportation is dominated by private vehicle use on state highways; there is no significant public transit infrastructure.
Development is primarily focused on small-scale residential subdivisions and commercial expansion along the Highway 62 corridor.
The Carroll County Assessor maintains property valuations based on periodic reappraisals to ensure equitable taxation across the county.
Parcels are subject to Berryville School District taxes and various county-level service district levies.
Property insurance premiums are influenced by regional wildfire and storm risks, with standard coverage available through major national carriers.
Data retrieved from US Census Bureau 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.
Provides sports fields, playgrounds, and picnic areas for the community.
A popular destination for fishing, kayaking, and outdoor recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.