The story of this market
The typical home in ZIP 72036 sells for about $775,000, or $1,658 per square foot.
Homes take about 120 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,200 a month.
ZIP 72036 — Cotton Plant
The housing market in 72036 is characterized by very low transaction volume and limited inventory, typical of a rural agricultural community. Prices are highly variable due to the scarcity of sales, with recent activity reflecting a single high-value transaction. Market conditions remain stable with little evidence of speculative development or rapid price appreciation.
This area is best suited for individuals seeking rural living, agricultural land, or affordable housing options away from urban centers.
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 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.0% · poverty 18.0% — a mixed stability profile.
versus the prior ACS vintage
ZCTA 72036, Woodruff County AR
The area is located in a rural region of Arkansas with standard flood and wind risk profiles typical of the Mississippi Delta region.
Economic activity is primarily driven by local agriculture and small-scale commerce with limited large-scale industrial 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 long drive times to regional employment hubs in larger cities.
Recreation is largely centered on outdoor activities, including hunting, fishing, and access to rural landscapes.
The rental market is limited in depth, consisting primarily of single-family homes with low turnover and minimal institutional investor presence.
The local economy is heavily reliant on the agricultural sector, specifically row-crop farming.
Parcels are subject to local school district and county-level tax assessments.
Insurance premiums are influenced by regional flood and storm risk factors common to the Arkansas Delta.
Data retrieved from US Census Bureau ZCTA-level tables.
Provides extensive opportunities for wildlife observation and outdoor recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.