The story of this market
The typical home in ZIP 72110 sells for about $170,181, or $105 per square foot.
Prices are up +8.2% from a year ago, so sellers still have some momentum. Homes take about 68 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $950 a month.
ZIP 72110 — Morrilton
The 72110 housing market is currently balanced, characterized by modest price appreciation and a high vacancy rate that reflects a cautious demand environment. While home values have seen a steady 8.2% year-over-year increase, the market remains sensitive to local economic conditions and requires careful tenant screening for rental properties. Overall, the area offers affordability but lacks the rapid growth momentum seen in larger metropolitan hubs.
This ZIP is best suited for local families and budget-conscious buyers seeking affordability, as well as disciplined investors comfortable with the operational demands of a slower-growth market.
Median prices moved up 8.2% year over year.
Homes spend a median of 68 days on market with 4.7 months of supply — a balanced-paced market.
18% 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 4.8% · poverty 15.2% — 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 5.5%/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 4.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 72110, Conway County AR
Crime rates in Morrilton are generally consistent with regional averages for small-town Arkansas, though property crime remains a primary focus for local law enforcement.
The area is served by the South Conway County School District, which provides standard public education services for the region.
The region is subject to standard Arkansas weather risks, including severe thunderstorms and occasional tornado activity, with flood risks concentrated near the Arkansas River.
Economic momentum is driven by local manufacturing and agricultural support services, with steady but modest infrastructure investment in the Morrilton area.
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.
Commuting is primarily car-dependent, with I-40 serving as the main artery for travel toward the Little Rock employment core.
Residents have access to Petit Jean State Park nearby, along with local municipal parks and golf facilities within the Morrilton city limits.
The rental market shows elevated vacancy rates around 11.4%, suggesting a softer demand environment that requires active management for investors.
The economy is anchored by manufacturing, education, and healthcare sectors, with major employers including local school districts and regional industrial plants.
Transportation is dominated by private vehicle use, with I-40 providing the primary connection to the broader Arkansas regional economy.
Development is currently focused on small-scale residential infill and maintenance of existing municipal infrastructure.
The Conway County Assessor's office manages property valuations based on annual market assessments and state-mandated appraisal cycles.
Parcels are subject to South Conway County School District levies and standard county-wide utility and emergency service districts.
Property insurance premiums are influenced by regional weather patterns, with standard coverage available for wind and hail risks.
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Data retrieved from US Census Bureau 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.
Arkansas's first state park, located a short drive from the ZIP.
Local recreational facility serving the community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.