The story of this market
The typical home in ZIP 72751 sells for about $438,200, or $205 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 34 days to sell. HUD's fair market rent for a two-bedroom is $1,900 a month.
ZIP 72751
The 72751 housing market remains stable with a median sale price of $438.2K, reflecting steady demand from families moving to the Northwest Arkansas region. While inventory is tight, the market is balanced by consistent new construction activity. Buyers should note that while price growth has moderated, the area remains a competitive submarket within the broader Fayetteville-Springdale-Rogers metro.
This ZIP is ideal for family buyers seeking newer construction and a suburban lifestyle, as well as commuters working in the nearby Bentonville corporate corridor.
Median prices moved up 2.4% year over year.
Homes spend a median of 34 days on market with 3.8 months of supply — a fast-moving market.
18% 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 11.5%/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 11.2%/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 72751, Benton County AR
Pea Ridge generally reports lower crime rates compared to the broader Northwest Arkansas regional average, with property crime being the primary concern.
The Pea Ridge School District is the primary provider, generally regarded as a growing district with improving facilities and academic performance metrics.
The area is primarily at risk for severe thunderstorms and occasional high winds, with standard flood insurance requirements for properties located in designated low-lying zones.
Pea Ridge is experiencing significant residential expansion as a bedroom community for the Fayetteville-Springdale-Rogers metro, supported by proximity to major corporate headquarters in Bentonville.
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.
Commutes are primarily car-dependent, with residents typically driving 15-25 minutes to reach major employment hubs in Bentonville and Rogers via AR-72 and US-71.
The area features access to Pea Ridge National Military Park, local community parks, and proximity to Beaver Lake for outdoor recreation.
The rental market is characterized by moderate demand from families and commuters, with limited multi-family inventory and a growing presence of single-family rental investors.
The economy is heavily influenced by the proximity to Bentonville, home to Walmart's global headquarters, and the broader logistics and retail industry of Northwest Arkansas.
Transportation is dominated by private vehicle use; the area lacks significant public transit infrastructure, relying on regional highway connectivity.
Development is focused on residential expansion and supporting infrastructure, with limited commercial growth currently concentrated along the main thoroughfares.
Benton County Assessor manages property valuations, typically reassessing on a cyclical basis to reflect market value changes.
Parcels are subject to Pea Ridge School District taxes and local municipal utility assessments.
Property insurance premiums are influenced by regional weather patterns, specifically the risk of severe storms and hail common in the Ozark region.
Arkansas continues to see net positive domestic migration, particularly in the Northwest region due to corporate growth.
Arkansas is a non-judicial foreclosure state, allowing for relatively efficient processing of defaults.
Sellers are required to provide a property disclosure statement regarding 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.
A major historical site and recreational area featuring trails and educational exhibits.
Local park providing sports fields and playground facilities for residents.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.