The story of this market
The typical home in ZIP 71720 sells for about $115,000, or $78 per square foot.
Prices are up +4.5% from a year ago, so sellers still have some momentum. Homes take about 112 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $850 a month.
ZIP 71720 — Bearden
The housing market in 71720 is characterized by low inventory and slow turnover, reflecting a stable but quiet rural market. Prices remain affordable compared to national averages, with growth driven by local demand rather than speculative investment. Data for specific metrics like price cuts and months of supply are estimated based on regional trends due to limited transaction volume.
This ZIP is best suited for budget-conscious buyers, retirees, or those seeking a quiet, rural lifestyle in a small-town setting.
Median prices moved up 4.5% year over year.
Homes spend a median of 112 days on market with 7.0 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 17.5% — 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 4.9%/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 3.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 71720, Ouachita County AR
The area is served by the Bearden School District, which provides rural public education; specific school performance ratings are generally lower than state averages.
The region is subject to standard Arkansas weather risks, including severe thunderstorms and occasional tornado activity; flood risk varies by specific parcel location.
Economic momentum is limited, with the local economy primarily supported by agriculture, timber, and small-scale local services.
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 to nearby employment hubs in Camden or other parts of Ouachita County.
Recreation is centered on outdoor activities, including access to local parks and proximity to regional hunting and fishing areas.
The rental market is characterized by low inventory and limited turnover, with demand driven by local workforce needs.
The local economy is largely driven by the timber industry, agriculture, and small-town retail services.
Transportation is entirely reliant on private vehicles, with no public transit infrastructure available.
There are no major commercial or residential developments currently under construction in this ZIP.
The Ouachita County Assessor manages property valuations for tax purposes.
Parcels are subject to Bearden School District taxes and standard county-level service districts.
Property insurance premiums are influenced by regional weather risks, including wind and hail exposure.
Data retrieved from Census Reporter profile for ZCTA 71720.
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.
Local community park providing basic recreational space.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.