The story of this market
The typical home in ZIP 71941 sells for about $149,400, or $105 per square foot.
Prices are up +2.4% 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 $950 a month.
ZIP 71941 — Donaldson
The housing market in 71941 is characterized by low inventory and slow turnover, typical of a rural Arkansas community. Prices remain stable with modest year-over-year growth, driven by limited supply rather than high demand. Most metrics, including specific days on market and sales counts, reflect a quiet, localized market.
This ZIP is best suited for budget-conscious buyers and those seeking a quiet, rural lifestyle, as it offers affordable housing compared to larger regional hubs.
Median prices moved up 2.4% year over year.
Homes spend a median of 112 days on market with 4.7 months of supply — a slower-moving 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 4.2% · poverty 11.5% — 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 4.8%/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 3.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 71941, Arkansas
Crime data for Donaldson is not determinable at the ZIP level, though the area is generally characterized by low-density rural safety profiles.
Schools serving the area are part of the regional public school system; specific ratings are not determinable at the ZIP level.
The area is subject to standard regional flood and wind risks common to rural Arkansas; specific insurance-climate posture is not determinable.
Economic momentum is driven by local agricultural and small-scale industrial activity; major infrastructure or large-scale corporate developments are not currently reported for this ZIP.
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 Hot Spring County.
Recreation is centered on rural outdoor activities, with limited local shopping and dining options within the immediate Donaldson area.
The rental market is limited in depth, consisting primarily of single-family detached homes with low turnover.
The local economy is primarily supported by small-scale agriculture and local services within Hot Spring County.
Transportation is exclusively via regional highway corridors; no public transit infrastructure exists.
There are no major approved or under-construction developments reported for this ZIP.
Not applicable for ZIP-level reporting.
Parcels are subject to standard county and school district taxation.
Property insurance premiums are influenced by regional weather patterns; specific market health is not determinable.
Not applicable for ZIP-level reporting.
Not applicable for ZIP-level reporting.
Not applicable for ZIP-level reporting.
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.
- Magic Springs4.117.4 mi
- Funtrackers Family Fun Park4.717.8 mi
- Family Fun Park4.114.9 mi
- T-Rex Golf4.116.9 mi
- A Narrow Escape4.917.2 mi
- Oaklawn Hot Springs4.215.7 mi
- Magic Springs4.117.4 mi
- Anthony Chapel4.812.2 mi
- Hot Springs Convention Center4.617.2 mi
- Ohio Club4.617.6 mi
- Lake Catherine State Park4.710.9 mi
- Garvan Woodland Gardens4.712.2 mi
- Anthony Chapel4.812.2 mi
- Falls Creek Falls4.710.8 mi
- Ouachita River Whitewater Park4.810.7 mi
- Mid-America Science Museum4.819 mi
- Gangster Museum of America4.417.4 mi
- The Grand Promenade4.817.5 mi
- Josephine Tussaud Wax Museum3.817.6 mi
- Retroverse Museum4.712.6 mi
- Lake Catherine State Park4.710.9 mi
- DeGray Lake State Park Resort4.711 mi
- Garvan Woodland Gardens Childrens Garden Treehouse4.812.4 mi
- Ouachita River Whitewater Park4.810.7 mi
- Entergy Park4.712.6 mi
- Hot Springs Marina4.913.6 mi
- DeGray Resort Marina4.710.8 mi
- Lakeside Country Golf Club4.412.6 mi
- Dollar General4.213 mi
- Pine Plaza4.212.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Local community green space.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.