The story of this market
The typical home in ZIP 72716 sells for about $492,822, or $234 per square foot.
Prices are up +3.1% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,850 a month.
ZIP 72716
The housing market in 72716 shows strong resilience with steady price appreciation and consistent demand. Low inventory levels relative to buyer interest continue to drive competitive conditions, though the market remains balanced compared to previous years. Data for specific metrics like closed sales and months of supply are sourced from regional market reports for the ZIP code.
This area is ideal for families and professionals seeking a balance of suburban living and access to major regional employers. It attracts those looking for quality schools and a stable, growing community environment.
Median prices moved up 3.1% year over year.
Homes spend a median of 45 days on market with 4.1 months of supply — a fast-moving market.
19% of listings have cut prices · homes sell at 98.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.8% · poverty 6.5% — 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 8.1%/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 7.8%/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 72716, Benton County AR
Crime rates in the area remain relatively low compared to national averages, with property crime being the primary concern. Local law enforcement reports stable trends in recent years.
The area is served by highly-rated public school districts known for strong academic performance and extensive extracurricular programs.
The region faces moderate risks from severe thunderstorms and occasional tornadoes, typical of Northwest Arkansas. Property insurance premiums have seen upward pressure due to regional weather patterns.
The area benefits from the robust economic momentum of the Fayetteville-Springdale-Rogers metro, driven by major corporate headquarters and significant infrastructure investments.
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 personal vehicles for commuting, with major highway corridors providing access to regional employment hubs in Bentonville and Rogers.
The ZIP code features proximity to extensive trail systems, community parks, and local golf courses, with major shopping and dining districts located within a short drive.
The rental market is characterized by high demand and low vacancy rates, with steady rent growth driven by the influx of professionals to the region.
The economy is anchored by the retail, logistics, and technology sectors, with significant influence from major corporate headquarters in the immediate region.
Transportation infrastructure is primarily highway-focused, with ongoing improvements to regional arterial roads to accommodate population growth.
Development pipeline includes several mixed-use projects and residential expansions aimed at supporting the growing workforce.
The county appraisal district conducts annual assessments to determine market value for property tax purposes.
Parcels are subject to school district taxes and various municipal utility district assessments.
Property insurance market is stable but sensitive to regional weather-related claims, leading to moderate premium adjustments.
The state continues to experience positive net domestic migration, driven by economic opportunities in Northwest Arkansas.
Arkansas operates primarily as a non-judicial foreclosure state, with specific notice requirements for lenders.
Sellers are required to provide a property disclosure statement detailing known material defects.
Data retrieved from data.census.gov 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.
Features fitness facilities, pools, and community programming.
A world-class art museum located in the nearby vicinity.
Extensive mountain biking and walking trails serving the area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.