The story of this market
The typical home in ZIP 72121 sells for about $155,000, or $112 per square foot.
Prices are up +2.1% 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 72121 — Pangburn
The housing market in 72121 is characterized by low inventory and stable, modest price growth. Demand is driven by local residents and those seeking affordable rural living, with limited new construction activity. Market conditions remain steady with no significant volatility reported.
This ZIP is best suited for retirees, outdoor enthusiasts, and families seeking a quiet, rural lifestyle with affordable housing costs and proximity to river recreation.
Median prices moved up 2.1% year over year.
Homes spend a median of 68 days on market with 5.2 months of supply — a balanced-paced market.
13% of listings have cut prices · homes sell at 96.4% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.8% · poverty 18.2% — a mixed stability 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 4.4%/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 3.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 72121, White County AR
Crime rates in the Pangburn area are generally low and consistent with rural White County trends, though specific localized data is limited.
Schools serving the area are part of the Pangburn School District, which is a small rural district providing standard public education services.
The area is subject to standard regional risks including severe thunderstorms and occasional flooding near the Little Red River; property insurance remains available but premiums are sensitive to storm-related claims.
Economic momentum is modest, driven primarily by local agriculture, small-scale retail, and proximity to the Little Red River recreational corridor.
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 residents typically driving to Searcy or Heber Springs for major employment and services.
The area is anchored by the Little Red River, offering significant fishing and boating opportunities, alongside local parks and proximity to Greers Ferry Lake.
The rental market is limited in depth, consisting mostly of single-family homes and small multi-family units with low turnover and stable demand.
The local economy is largely supported by small businesses, agriculture, and the tourism sector associated with the Little Red River and nearby Greers Ferry Lake.
Transportation is entirely reliant on private vehicles; there is no public transit infrastructure serving this rural ZIP code.
There are no major large-scale commercial or residential developments currently under construction in the ZIP code.
The White County Assessor manages property valuations, with assessments typically updated on a cyclical basis to reflect market value.
Parcels are subject to the Pangburn School District and various county-level service districts for fire and emergency management.
Property insurance is standard for the region, with premiums influenced by the area's exposure to wind and hail events.
Data retrieved from Census Reporter ZCTA 72121 profile.
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.
A premier destination for trout fishing and outdoor recreation.
A National Register of Historic Places landmark located in Pangburn.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.