The story of this market
The typical home in ZIP 72084 sells for about $138,000, or $105 per square foot.
Prices are roughly flat from a year ago (-0.4%), a market in balance. Homes take about 112 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $850 a month.
ZIP 72084 — Leola
The 72084 market is a low-volume, rural environment characterized by high vacancy rates and stagnant price growth. With only two active listings and a single recent sale, the market lacks significant liquidity, making it a niche area for local operators rather than broad-market investors.
This ZIP is best suited for local residents or experienced investors comfortable with rural, low-turnover markets where entry prices are low but liquidity is limited.
Median prices moved down 0.4% year over year.
Homes spend a median of 112 days on market with 6.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 96% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.8% · poverty 14.2% — 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 2.0%/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 2.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 72084, Grant County AR
Schools serving the area are primarily managed by the Harmony Grove School District, which maintains a rural, small-town educational environment.
The area faces moderate risk from severe weather events common to central Arkansas, including wind and occasional flooding in low-lying zones.
Economic momentum is limited, with the local economy primarily supported by regional agriculture, timber, and small-scale local services.
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 car-dependent, with residents typically driving to nearby employment hubs in Sheridan or Little Rock.
Recreational opportunities are largely centered on outdoor activities, including proximity to local forests and rural park spaces.
The rental market is characterized by high vacancy rates and limited inventory, often serving as a niche market for local operators.
The economy is driven by small-scale local commerce, agriculture, and regional employment in Grant County.
No major commercial or residential developments are currently reported for this rural ZIP code.
Parcels are subject to standard Grant County property tax assessments and Harmony Grove School District levies.
Insurance premiums are influenced by regional exposure to severe storm and wind risks common in Arkansas.
Data retrieved from Census ZCTA 72084 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.
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Local community park providing basic outdoor recreation space.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.