The story of this market
The typical home in ZIP 71828 sells for about $75,000, or $65 per square foot.
Homes take about 120 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $750 a month.
ZIP 71828 — Cale
The housing market in ZIP 71828 is characterized by very low volume and stable, low-cost pricing. Activity is minimal, reflecting the rural nature of the town of Cale, with no significant price appreciation or inventory pressure reported.
This ZIP is best suited for individuals seeking a quiet, rural lifestyle with low housing costs, rather than those requiring proximity to major employment or urban amenities.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 120 days on market with 12.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.0% · poverty 15.0% — 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 1.4%/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 2.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 71828, Nevada County AR
The area is subject to standard regional flood and wind risks common to rural Nevada County, Arkansas.
Economic momentum is limited in this rural town, which functions primarily as a residential enclave within the Hope Micropolitan Statistical Area.
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.
Commuting requires personal vehicle travel via local state highways to reach employment centers in nearby Hope or Prescott.
Recreational opportunities are primarily rural and outdoor-focused, typical of the surrounding Nevada County landscape.
The rental market is extremely thin with very low turnover and limited institutional presence.
The local economy is tied to the broader Hope Micropolitan Statistical Area, which features a mix of agriculture, manufacturing, and small-scale retail.
Transportation is entirely dependent on private vehicle use; there is no public transit infrastructure.
There are no major commercial or residential developments currently reported for this ZIP code.
The Nevada County Assessor maintains property valuations for tax purposes.
Parcels are subject to local school district and county-level property tax levies.
Property insurance availability is standard for rural Arkansas, though premiums are influenced by regional weather-related risk factors.
Arkansas is a non-judicial foreclosure state.
Arkansas law requires sellers to provide a property disclosure statement regarding known material defects.
Data retrieved from US Census Bureau ZCTA 71828 profile.
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 access to open space and rural outdoor activities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.