The story of this market
The typical home in ZIP 71923 sells for about $179,500, or $115 per square foot.
Prices are up +4.55% from a year ago, so sellers still have some momentum. Homes take about 52 days to sell. HUD's fair market rent for a two-bedroom is $950 a month.
ZIP 71923 — Arkadelphia
The 71923 housing market is currently stable, characterized by a median listing price of $179,500 and a moderate supply of inventory. Market activity is driven by local university employment and steady demand for affordable housing, though some figures like specific price-cut percentages are not explicitly published for this ZIP and are omitted. Overall, the market remains balanced for both buyers and sellers.
This ZIP is well-suited for families, university employees, and retirees who value a small-town atmosphere with access to higher education and outdoor recreation.
Median prices moved up 4.5% year over year.
Homes spend a median of 52 days on market with 6.2 months of supply — a balanced-paced market.
13% of listings have cut prices · homes sell at 97.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.8% · poverty 19.2% — 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 5.1%/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 3.4%/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 71923, Clark County AR
Crime rates in Arkadelphia are generally consistent with regional averages for small college towns in Arkansas, with property crime being the primary concern.
The area is served by the Arkadelphia Public School District, which maintains a stable reputation with a focus on community-integrated education.
The region faces moderate risks from severe thunderstorms and occasional flooding near the Ouachita River, with standard insurance requirements for homeowners.
Economic momentum is anchored by Henderson State University and Ouachita Baptist University, which serve as the primary drivers for local employment and infrastructure development.
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 most residents working within the city or commuting to nearby regional hubs via I-30.
The area offers significant outdoor amenities including the Ouachita River, DeGray Lake Resort State Park, and various local parks and trails.
The rental market is heavily influenced by the student population, resulting in consistent demand and moderate vacancy pressure near the university campuses.
The economy is driven by higher education, healthcare, and local government services, with a stable employment base provided by the two universities.
The area is served by I-30, providing a direct corridor to Little Rock and Texarkana, though public transit options are limited.
Ongoing infrastructure improvements focus on road maintenance and utility upgrades to support modest residential growth.
The Clark County Assessor maintains property valuations based on periodic reappraisals to ensure equitable taxation.
Parcels are subject to school district taxes and local municipal assessments, with no major MUD/PID districts reported.
Property insurance premiums are stable but reflect the regional risk profile for wind and storm damage common in Arkansas.
Data retrieved from data.census.gov for ZCTA 71923.
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.
- Arkadelphia Aquatic Park4.54.1 mi
- Slim and Shorty's4.43.4 mi
- Arkadelphia Aquatic Park4.54.1 mi
- Arkadelphia Parks & Recreation4.54.1 mi
- Arkadelphia Aquatic Park4.54.1 mi
- Arkadelphia Parks & Recreation4.54.1 mi
- DeGray Resort Marina4.713.4 mi
- Pine Plaza4.23.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
A major regional attraction offering boating, fishing, and golf.
Anchor institution providing cultural and athletic events.
Private university contributing to the local economy and community life.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.