The story of this market
The typical home in ZIP 71660 sells for about $136,000.
HUD's fair market rent for a two-bedroom is $810 a month.
ZIP 71660 — New Edinburg
The 71660 ZIP code is a low-cost rural market with a median home price of $136,000 and median rent of $810. Market data for inventory, days on market, and specific demographic metrics are not currently published for this ZCTA. The area is considered a high-risk environment for investors due to potential vacancy and maintenance costs.
This ZIP is suited for experienced real estate operators comfortable with rural market risks and low-basis assets, rather than typical residential buyers or commuters.
Median prices moved sideways 0.0% year over year.
Awaiting this reading — not graded.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
ZCTA 71660
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.
The rental market in 71660 is characterized by low-cost housing with a median rent of $810/mo, though investors must account for vacancy and delinquency risks in this rural market.
The local economy is rural and agricultural, with limited major industrial or corporate presence.
Data not available for this specific ZCTA in current ACS releases.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.