The story of this market
The typical home in ZIP 72070 sells for about $189,000, or $118 per square foot.
Prices are up +5.5% from a year ago, so sellers still have some momentum. Homes take about 87 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,194 a month.
ZIP 72070 — Houston
The housing market in 72070 is characterized by low inventory and modest price growth, reflecting its status as a rural, affordable market. While prices have risen 5.5% year-over-year, the market remains quiet with limited sales activity. Buyers should be aware of the potential for management intensity and vacancy risks in this rural setting.
This ZIP is best suited for rural-lifestyle seekers and budget-conscious buyers who prioritize affordability over proximity to major urban employment centers.
Median prices moved up 5.5% year over year.
Homes spend a median of 87 days on market with 2.2 months of supply — a balanced-paced market.
28% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.5% · poverty 14.0% — 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 5.7%/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 5.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 72070, Perry County AR
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 typically commute toward the Little Rock-North Little Rock-Conway metropolitan area via regional highway corridors.
The area features rural outdoor access including proximity to the Petit Jean River and local park facilities.
The rental market is characterized by moderate demand with limited inventory, often serving as a more affordable alternative to the Little Rock metro core.
The local economy is primarily driven by agriculture, small-scale retail, and services, with many residents commuting to the broader Little Rock metropolitan area for employment.
Parcels are subject to Perry County property tax levies and local school district assessments.
Property insurance premiums are influenced by regional wildfire and storm risk profiles common to central Arkansas.
Data retrieved from US Census Bureau ZCTA 72070 profiles.
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.
Provides local recreational opportunities including fishing and scenic views.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.