The story of this market
The typical home in ZIP 72048 sells for about $185,000, or $112 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 48 days to sell. HUD's fair market rent for a two-bedroom is $1,150 a month.
ZIP 72048 — Ethel
The housing market in 72048 remains stable with modest year-over-year price growth and low inventory levels. Market activity is driven by local demand for single-family homes, with limited new construction keeping supply tight. The area continues to attract families looking for affordability, though the lack of significant commercial development limits rapid appreciation.
This ZIP is best suited for families and long-term residents seeking a quiet, rural lifestyle with lower housing costs compared to nearby urban centers.
Median prices moved up 2.1% year over year.
Homes spend a median of 48 days on market with 3.5 months of supply — a fast-moving market.
19% of listings have cut prices · homes sell at 98.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.1% · poverty 11.2% — 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 4.5%/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 3.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 72048, Lonoke County AR
Crime rates in this area are generally lower than the regional average, with property crime being the primary concern reported by local law enforcement.
Schools serving this ZIP are part of a rural district that maintains moderate performance ratings, with a focus on community-based extracurricular engagement.
The area is subject to standard regional flood and wind risks; property insurance premiums are stable but reflect the broader state-level exposure to severe weather events.
Economic momentum is driven by local agricultural and small-scale manufacturing sectors, with limited new large-scale commercial 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.
Residents primarily commute by private vehicle to nearby employment hubs, with average commute times reflecting the rural nature of the geography.
Local amenities include access to regional parks, fishing spots, and small-town community centers, with limited large-scale retail or entertainment within a 3-mile radius.
The rental market is characterized by low turnover and limited inventory, with most units being single-family homes rather than multi-family complexes.
The local economy is anchored by agriculture and small-scale service businesses, with many residents commuting to larger regional employment centers.
Transportation is almost exclusively reliant on private vehicle use, with no significant public transit infrastructure serving the area.
There are no major commercial or residential developments currently approved or under construction within this ZIP code.
The county appraisal district conducts annual assessments based on market sales data and property inspections.
Parcels are subject to standard county and school district tax levies, with no significant MUD or PID districts identified.
Property insurance remains available, though premiums are influenced by regional weather patterns and historical claims data.
Net domestic migration is stable, with a slight trend of families moving from urban areas to rural settings.
Arkansas operates as a non-judicial foreclosure state, with specific notice and redemption periods defined by statute.
Sellers are required to provide a property disclosure statement, though the scope is limited compared to other states.
Data retrieved from data.census.gov 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.
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Provides local green space and recreational facilities.
Serves as a hub for local events and gatherings.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.