The story of this market
The typical home in ZIP 72730 sells for about $369,950, or $205 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 58 days to sell. HUD's fair market rent for a two-bedroom is $1,650 a month.
ZIP 72730 — Farmington
The housing market in 72730 is showing steady growth, driven by strong demand for suburban housing within the Fayetteville-Springdale-Rogers metro area. Prices have appreciated consistently over the last year, supported by low inventory and a growing population. The area remains attractive to families due to its school quality and relative affordability compared to the urban core.
This ZIP is ideal for families and professionals seeking a suburban lifestyle with proximity to the amenities and employment hubs of the Fayetteville-Springdale-Rogers metro area.
Median prices moved up 4.2% year over year.
Homes spend a median of 58 days on market with 4.1 months of supply — a fast-moving market.
12% 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 3.1% · poverty 6.8% — 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 9.4%/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 7.2%/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 72730, Washington County AR
Farmington generally reports lower crime rates compared to the larger urban centers in the Fayetteville-Springdale-Rogers metro area, maintaining a suburban safety profile.
Schools serving the 72730 area are part of the Farmington School District, which is frequently recognized for strong academic performance and community-focused programming.
The area is primarily subject to standard regional risks including severe thunderstorms and occasional tornado activity; flood risk is localized to specific drainage basins.
Farmington is experiencing steady residential expansion as a bedroom community for the Fayetteville-Springdale-Rogers metro, benefiting from proximity to major regional employers like Walmart and Tyson Foods.
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 via US-62, which provides direct access to Fayetteville and the broader Northwest Arkansas employment corridor.
The area features access to local parks such as Farmington Community Park and proximity to the regional trail systems and lakes of Northwest Arkansas.
The rental market is characterized by moderate demand driven by families and professionals, with limited vacancy pressure and a growing presence of long-term rental housing.
The economy is anchored by the broader Fayetteville-Springdale-Rogers metro, with major employment sectors including retail, logistics, and food processing.
Transportation is heavily reliant on private vehicles, with US-62 serving as the primary arterial road for regional connectivity.
Development is focused on residential infill and expansion of suburban infrastructure to support the growing population.
The Washington County Assessor manages property valuations, with assessments typically updated to reflect market value trends.
Parcels are subject to Farmington School District taxes and various county-level service districts.
Property insurance premiums are influenced by regional weather patterns, including wind and hail risk common in Northwest Arkansas.
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.
Primary local park offering sports fields and walking paths.
Part of the regional trail network connecting to Fayetteville.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.