The story of this market
The typical home in ZIP 72734 sells for about $295,000, or $158 per square foot.
Prices are up +11.9% from a year ago, so sellers still have some momentum. Homes take about 84 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,350 a month.
ZIP 72734
The 72734 housing market shows strong price appreciation with a 11.9% year-over-year increase, driven by limited inventory and steady demand. The market is currently balanced, with homes selling in a median of 84 days. Some data points, such as specific price-cut percentages or detailed permit activity, were not available at the ZIP level.
This ZIP is well-suited for families and individuals seeking a quiet, small-town atmosphere with the benefit of established housing stock and proximity to the broader Northwest Arkansas economic corridor.
Median prices moved up 11.9% year over year.
Homes spend a median of 84 days on market with 3.2 months of supply — a balanced-paced 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 3.8% · poverty 7.0% — 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 9.1%/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 6.5%/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 72734, Benton County AR
The area is served by the Gentry School District, which provides public education options for local families.
The area is characterized by established residential development with a focus on single-family housing and proximity to regional employment hubs in Northwest Arkansas.
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 commute by car to employment centers in the Fayetteville-Springdale-Rogers metro area, with average travel times around 27 minutes.
The area offers access to local parks and rural outdoor spaces, with basic shopping and services available within Gentry.
The rental market is primarily composed of single-family homes, with limited multi-family inventory and stable demand.
The local economy is supported by the broader Fayetteville-Springdale-Rogers metro area, which features major employers in retail, logistics, and food processing.
Transportation is primarily automobile-dependent, with access to regional highways connecting to larger metro hubs.
Development is focused on maintaining the area's rural character while accommodating modest residential growth.
Benton County Assessor manages property valuations for tax purposes.
Parcels are subject to Gentry School District and county-level tax levies.
Standard residential property insurance applies, with typical regional exposure to severe weather events.
Data retrieved from Census Reporter ZCTA 72734 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.
Local community park providing green space and recreational facilities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.