The story of this market
The typical home in ZIP 72086 sells for about $198,432, or $156 per square foot.
Prices are roughly flat from a year ago (-0.3%), a market in balance. Homes take about 51 days to sell. HUD's fair market rent for a two-bedroom is $990 a month.
ZIP 72086
The 72086 housing market is characterized by softer price growth and vacancy challenges, with a median home value of $198,432. Market conditions remain balanced, though investors are advised to exercise caution due to potential delinquency and maintenance costs. Several specific metrics, such as precise tax history and school ratings, were not available at the ZIP level.
This ZIP is suited for specialized investors rather than generalists, as the market presents challenges regarding vacancy and price growth that require careful modeling.
Median prices moved down 0.3% year over year.
Homes spend a median of 51 days on market with 5.4 months of supply — a balanced-paced market.
20% 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 4.1% · poverty 12.4% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 72086, Lonoke 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.
The rental market in 72086 faces vacancy pressure and tenant stability concerns, with an average monthly rent of $990.
The local economy is centered around Lonoke and the broader Little Rock-North Little Rock metropolitan area.
Data retrieved from US Census Bureau ZCTA 72086 profiles.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.