The story of this market
The typical home in ZIP 72038 sells for about $145,000, or $105 per square foot.
Prices are up +2.4% from a year ago, so sellers still have some momentum. Homes take about 62 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $950 a month.
ZIP 72038 — Crocketts Bluff
The housing market in 72038 remains quiet and stable, characterized by low inventory and modest price appreciation. Market activity is driven by local demand and seasonal interest in rural properties, with no significant new development pipeline to shift current trends.
This ZIP is best suited for outdoor enthusiasts, agricultural workers, and those seeking a quiet, rural lifestyle away from urban centers.
Median prices moved up 2.4% year over year.
Homes spend a median of 62 days on market with 4.1 months of supply — a fast-moving market.
8% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.2% · poverty 15.8% — 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 4.5%/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 72038, Arkansas County AR
Crime rates in the Crocketts Bluff area are generally low, consistent with rural eastern Arkansas trends.
The area is served by rural school districts with limited extracurricular offerings but stable student-to-teacher ratios.
The region is subject to seasonal flood risks due to its proximity to the White River and agricultural lowlands.
Economic momentum is primarily driven by agricultural operations and seasonal hunting/outdoor tourism.
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.
Commutes are primarily by private vehicle, with significant travel times to regional employment hubs like Stuttgart or Little Rock.
The area is known for proximity to the White River National Wildlife Refuge, offering premier waterfowl hunting and fishing.
The rental market is thin, consisting mostly of single-family homes with low turnover and limited institutional investment.
The local economy is heavily reliant on the agricultural sector, specifically rice and soybean farming, alongside seasonal hunting tourism.
Transportation is entirely dependent on personal vehicles, with no public transit infrastructure available.
There are no major commercial or residential developments currently planned for this rural ZIP code.
The Arkansas County Assessor manages property valuations, with periodic reappraisals conducted to align with market values.
Parcels are subject to local school district taxes and county-wide levies for road and general services.
Property insurance premiums are influenced by flood zone designations and the rural nature of the fire protection services.
Net domestic migration is stable with a slight trend toward rural retention.
Arkansas is a non-judicial foreclosure state, allowing for efficient processing of defaulted mortgages.
Sellers are required to provide a property disclosure form, though the scope is limited compared to other states.
Data retrieved from data.census.gov ZCTA 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.
- Museum of the Arkansas Grand Prairie4.716.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Major regional attraction for hunting and wildlife observation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.