The story of this market
The typical home in ZIP 72761 sells for about $218,700, or $135 per square foot.
Prices are up +2.4% 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 $1,150 a month.
ZIP 72761 — Siloam Springs
The housing market in 72761 remains stable with steady demand for single-family homes, supported by a growing local economy. While inventory remains tight, the market is seeing consistent activity from both local buyers and those relocating to the Northwest Arkansas region. Prices have shown modest year-over-year growth, reflecting a balanced market environment.
This ZIP is ideal for families and professionals seeking a balance between small-town community living and access to the broader Northwest Arkansas economic corridor.
Median prices moved up 2.4% year over year.
Homes spend a median of 84 days on market with 3.2 months of supply — a balanced-paced 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 3.5% · poverty 11.2% — 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 5.5%/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 4.8%/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 72761, Benton County AR
Crime rates in Siloam Springs are generally lower than the national average, with property crime being the most frequently reported incident type.
The area is served by the Siloam Springs School District, which maintains a solid reputation for academic performance and extracurricular engagement within the region.
The region is subject to standard Midwestern weather risks, including severe thunderstorms and occasional tornado activity, with flood zones primarily concentrated near the Illinois River.
Economic momentum is driven by the presence of major manufacturing and food processing employers, alongside steady residential development to support the growing workforce.
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-412, which provides a direct east-west corridor connecting the area to the larger Fayetteville-Springdale-Rogers employment hubs.
The area features extensive outdoor amenities including the Siloam Springs Kayak Park, numerous city parks, and proximity to the Ozark National Forest for hiking and recreation.
The rental market is characterized by moderate vacancy rates and steady demand, largely driven by the local workforce and students attending nearby institutions.
The economy is anchored by manufacturing, food processing, and education, with significant employment ties to the broader Northwest Arkansas regional economy.
Transportation is primarily automobile-dependent, with US-412 serving as the primary arterial highway for regional connectivity.
Ongoing planning efforts focus on expanding utility infrastructure and residential zoning to accommodate projected population growth.
The Benton County Assessor manages property valuations, utilizing a mass appraisal system to determine annual tax assessments.
Parcels are subject to school district taxes, municipal levies, and county-wide service assessments.
Property insurance premiums are influenced by regional weather patterns, with standard coverage for wind and hail being essential for homeowners.
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.
A premier destination for whitewater kayaking and river recreation.
A scenic multi-use trail system connecting various parts of the city.
A private Christian university that serves as a major cultural and educational anchor.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.