The story of this market
The typical home in ZIP 71646 sells for about $91,700, or $58 per square foot.
Homes take about 124 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $750 a month.
ZIP 71646 — Hamburg
The housing market in 71646 is characterized by flat value growth and high vacancy rates, reflecting a stable but slow-moving rural economy. Market activity is limited, with low sales volume and a reliance on local employment sectors like timber and agriculture. Investors may find cash-flow opportunities, but the area lacks the appreciation momentum seen in larger urban centers.
This ZIP is best suited for budget-conscious local families and income-focused investors who prioritize cash flow over rapid property value appreciation.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 124 days on market with 8.4 months of supply — a slower-moving market.
12% of listings have cut prices · homes sell at 94% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.8% · poverty 21.0% — a mixed stability 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 0.5%/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 1.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 71646, Ashley County AR
Crime rates in Hamburg are generally consistent with rural southern Arkansas trends, with property crime being the primary concern relative to regional averages.
The area is served by the Hamburg School District, which provides standard public education options for the local community.
The region faces moderate risks related to severe thunderstorms and occasional flooding, typical of the lower Arkansas river basin geography.
Economic momentum is modest, driven primarily by local agriculture, timber, and small-scale manufacturing sectors in Ashley County.
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 local within Hamburg or to nearby Ashley County employment hubs, with limited access to major metropolitan transit corridors.
Local recreation includes access to community parks, nearby hunting and fishing areas, and small-town shopping districts within Hamburg.
The rental market is characterized by high vacancy rates and modest demand, with a significant portion of the housing stock serving as long-term rentals.
The local economy is anchored by agriculture, timber production, and public sector employment within Ashley County.
Transportation relies on regional highway access, with no major public transit infrastructure serving the area.
There are no major large-scale commercial or residential developments currently under construction in the ZIP code.
The Ashley County Assessor manages property valuations based on periodic reappraisals to ensure equitable tax distribution.
Parcels are subject to Hamburg School District taxes and standard county-level service districts.
Property insurance premiums are influenced by regional weather risks, including wind and storm damage common in southern 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.
Provides local green space and recreational facilities for residents.
The historic center of Hamburg featuring local shops and dining.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.