The story of this market
The typical home in ZIP 71842 sells for about $165,000, or $112 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 84 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $950 a month.
ZIP 71842 — Horatio
The housing market in 71842 remains stable with low inventory and modest price growth. Market activity is driven by local demand, with limited new construction and a reliance on existing housing stock.
This ZIP is best suited for families and individuals seeking a quiet, rural lifestyle with affordable housing costs and a strong sense of community.
Median prices moved up 3.2% year over year.
Homes spend a median of 84 days on market with 6.2 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.1% · poverty 16.2% — 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 5.7%/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 5.9%/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 71842, Sevier County AR
Crime rates in Horatio are generally low and consistent with rural Sevier County, with property crime being the primary concern compared to larger urban centers.
The area is served by the Horatio School District, which maintains a stable reputation for small-town educational outcomes and community-focused programming.
The region faces moderate risks from severe thunderstorms and occasional flooding near low-lying areas, with standard insurance coverage typically available.
Economic momentum is driven by local agriculture, timber, and small-scale manufacturing, with limited large-scale infrastructure development currently underway.
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 is primarily car-dependent, with residents typically driving to nearby employment hubs in De Queen or Ashdown via US Highway 71.
Local recreation centers on outdoor activities, including proximity to the Cossatot River, local parks, and community sports facilities.
The rental market is characterized by low inventory and steady demand from local workers, with limited turnover and minimal short-term rental saturation.
The local economy is anchored by agriculture, timber production, and regional manufacturing, providing stable employment for the local workforce.
Transportation is entirely reliant on private vehicles, with US Highway 71 serving as the primary arterial route for regional connectivity.
There are no major large-scale commercial or residential developments currently approved or under construction within the ZIP code.
The Sevier County Assessor manages property valuations, with assessments conducted periodically to reflect market value changes.
Parcels are subject to standard school district and county-level taxes, with no significant MUD or PID districts identified.
Property insurance remains available, though premiums are influenced by regional exposure to severe weather events common in Southwest Arkansas.
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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.
Community park providing local green space and playground facilities.
Nearby river access for fishing, kayaking, and outdoor recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.