The story of this market
The typical home in ZIP 72719 sells for about $525,000, or $215 per square foot.
Prices are up +26.3% from a year ago, so sellers still have some momentum. Homes take about 38 days to sell. HUD's fair market rent for a two-bedroom is $1,650 a month.
ZIP 72719
The 72719 housing market is experiencing significant price appreciation, with a 26.3% year-over-year increase in median sale price. High demand from families relocating for regional corporate jobs continues to drive competition, keeping inventory levels tight and supporting a strong seller's market.
This ZIP is ideal for families and professionals working in the Northwest Arkansas corporate corridor who seek newer construction and high-quality schools in a suburban setting.
Median prices moved up 26.3% year over year.
Homes spend a median of 38 days on market with 3.2 months of supply — a fast-moving market.
22% 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 2.8% · poverty 4.1% — 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 12.0%/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 10.9%/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 72719, Benton County AR
Centerton generally reports lower crime rates compared to the broader Northwest Arkansas regional average, with property crime being the primary concern.
Schools serving the area are part of the Bentonville School District, which is highly regarded and consistently ranks among the top-performing districts in Arkansas.
The area faces moderate risks from severe thunderstorms and occasional tornadoes common to the Ozark region, with standard flood insurance recommended for low-lying parcels.
Centerton is experiencing rapid residential expansion driven by its proximity to the corporate headquarters of Walmart, Tyson Foods, and J.B. Hunt in neighboring cities.
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 primarily commute by car to employment hubs in Bentonville and Rogers via AR-102 and AR-72, with typical drive times ranging from 20 to 35 minutes.
The area features access to local parks like McKissic Creek Park and is within a short drive of the extensive trail systems and mountain biking amenities of Bentonville.
The rental market is characterized by high demand from young professionals and families, with limited vacancy pressure and a growing presence of newer single-family rental inventory.
The economy is heavily anchored by the retail, logistics, and food processing sectors, driven by the presence of major global corporations in the immediate vicinity.
Transportation is almost exclusively automobile-dependent, with regional connectivity provided by highway corridors linking to the larger Fayetteville-Springdale-Rogers metro area.
The city is actively planning for infrastructure upgrades to handle increased traffic volume resulting from rapid residential growth.
The Benton County Assessor maintains annual property valuations based on market sales data and physical inspections.
Parcels are primarily served by the Bentonville School District and local municipal utility providers.
Property insurance premiums are rising due to regional exposure to severe weather events, including wind and hail damage.
Arkansas continues to see positive net domestic migration, with Northwest Arkansas serving as a primary destination for new residents.
Arkansas is a non-judicial foreclosure state, allowing for relatively efficient processing of defaulted mortgages.
Sellers are required to provide a property disclosure statement detailing known material defects at the time of sale.
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.
Local park offering green space and walking paths.
Community hub with sports fields and playgrounds.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.