The story of this market
The typical home in ZIP 72762 sells for about $404,880, or $205 per square foot.
Prices are down 1.5% from a year ago, which gives buyers more room to negotiate. Homes take about 48 days to sell. HUD's fair market rent for a two-bedroom is $1,450 a month.
ZIP 72762 — Springdale
The housing market in 72762 shows signs of stabilization with a slight year-over-year price adjustment, reflecting broader regional trends. Demand remains supported by the area's strong economic base and population growth, though higher interest rates have moderated the pace of sales compared to previous years.
This ZIP is well-suited for families and professionals seeking a balance between suburban living and access to the Northwest Arkansas job market, offering a mix of established and newer housing stock.
Median prices moved down 1.5% year over year.
Homes spend a median of 48 days on market with 4.1 months of supply — a fast-moving market.
22% 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 3.8% · poverty 9.5% — 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 9.2%/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 8.5%/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 72762
Crime rates in the Springdale area are generally consistent with regional averages for Northwest Arkansas, though specific neighborhood variations exist.
Schools serving the area are part of the Springdale School District, which is characterized by a diverse student body and ongoing efforts to manage rapid enrollment growth.
The area is subject to standard regional risks including severe thunderstorms and occasional tornado activity; flood risk is localized to specific drainage basins.
The area benefits from proximity to the I-49 corridor and the broader Northwest Arkansas economic engine, driven by major employers in retail, logistics, and food processing.
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 rely on personal vehicles for commuting, with I-49 serving as the primary artery connecting the area to major employment hubs in Fayetteville, Springdale, and Rogers.
The area features access to local parks, proximity to the Razorback Regional Greenway for cycling and walking, and nearby access to Beaver Lake for water-based recreation.
The rental market is moderately tight due to the area's population growth, with a mix of single-family rentals and multi-family complexes serving a diverse workforce.
The economy is anchored by the broader Northwest Arkansas region, featuring major corporate headquarters and a robust logistics and manufacturing sector.
Transportation is heavily dependent on the I-49 highway corridor, with limited public transit options outside of local bus services.
Development is focused on residential expansion and commercial infill along major arterial roads.
Property assessments are conducted by the respective county assessors in Benton and Washington counties.
Parcels are subject to school district taxes and municipal service assessments.
Property insurance premiums are influenced by regional weather patterns, including wind and hail risk.
Arkansas continues to see positive net domestic migration, particularly in the Northwest region.
Arkansas is a non-judicial foreclosure state, allowing for relatively efficient processing of defaults.
Sellers are required to provide a property disclosure statement regarding the condition of the home.
Data retrieved from data.census.gov and Census Reporter profiles.
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 multi-use trail system connecting the region.
Various municipal parks providing playgrounds and sports fields.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.