The story of this market
The typical home in ZIP 72147 sells for about $145,000, or $112 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 48 days to sell. HUD's fair market rent for a two-bedroom is $1,150 a month.
ZIP 72147
The housing market in 72147 remains stable with low inventory and modest price growth. Sales volume is limited, reflecting a quiet rural market where demand is steady but not aggressive. Some figures, such as specific monthly closed sales counts, are preliminary and subject to revision.
This ZIP is best suited for families and long-term residents seeking an affordable, quiet, rural lifestyle. It is less ideal for those requiring proximity to major urban employment centers or high-density amenities.
Median prices moved up 2.1% year over year.
Homes spend a median of 48 days on market with 4.5 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 98.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.8% · poverty 11.5% — 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 4.8%/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 4.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 72147, Pulaski County AR
Crime rates in this area are generally lower than the state average, with property crime being the primary concern. Local law enforcement reports stable trends over the past year.
Schools serving this ZIP are part of a rural district that maintains moderate performance ratings. Community focus remains on vocational and core academic preparation.
The area is subject to standard regional flood risks near low-lying creek beds and occasional severe wind events. Insurance premiums are consistent with broader rural Arkansas market trends.
Economic momentum is modest, driven primarily by local agriculture, small-scale retail, and regional logistics. Infrastructure development is focused on maintaining existing highway corridors.
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 traveling to nearby regional employment hubs via state highways. Public transit options are not available.
Local recreation is centered on outdoor activities, including access to nearby state parks, fishing spots, and community-managed sports fields. Shopping is limited to essential local services.
The rental market is characterized by low turnover and limited inventory. Demand is driven by local workforce needs, with minimal short-term rental presence.
The economy is anchored by agricultural operations, small-scale manufacturing, and local government services. Employment is largely localized within the county.
Transportation relies entirely on private vehicle use via state highway networks. No public transit infrastructure exists in this rural area.
Development is limited to small-scale residential infill and minor commercial upgrades. No major master-planned communities are currently in the pipeline.
The county appraisal district conducts annual assessments based on market sales data. Property owners have the right to protest valuations through a formal board of equalization process.
Parcels are subject to standard county and school district taxes. No significant MUD or PID districts are currently active in this ZIP.
Property insurance remains available, though premiums have seen moderate increases due to regional weather patterns. Market health is stable.
Net domestic migration is neutral, with a balance of long-term residents and modest turnover.
Arkansas operates as a non-judicial foreclosure state, allowing for efficient processing of defaults under specific statutory notice requirements.
Sellers are required to provide a property disclosure statement detailing known material defects, though the state maintains a 'caveat emptor' tradition in many real estate transactions.
Data retrieved from data.census.gov 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.
Provides basic playground and picnic facilities for residents.
Popular local spot for recreational fishing.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.