The story of this market
The typical home in ZIP 72165 sells for about $145,000, or $105 per square foot.
Prices are up +3.5% from a year ago, so sellers still have some momentum. Homes take about 88 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $850 a month.
ZIP 72165 — Thida
The housing market in 72165 is characterized by low inventory and slow turnover, typical of a rural area with limited new construction. Prices have seen steady, modest appreciation over the last decade, driven by regional demand rather than speculative growth. The market remains stable with few listings and consistent, long-term ownership patterns.
This ZIP is best suited for individuals or families seeking a quiet, rural lifestyle who are comfortable with a short commute to Batesville for employment, shopping, and essential services.
Median prices moved up 3.5% year over year.
Homes spend a median of 88 days on market with 6.0 months of supply — a balanced-paced market.
8% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 11.2% — 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 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
ZCTA 72165, Independence County AR
Crime data for the rural Thida area is not determinable at the ZIP level, though Independence County generally reports lower violent crime rates compared to the national average.
Students in this ZIP are primarily served by the Batesville School District, which maintains a standard academic rating within the region.
The area is subject to standard regional risks including severe thunderstorms and occasional flooding near the White River basin; wildfire risk is considered low to moderate.
Economic momentum is tied to the broader Batesville industrial and agricultural base, with limited new residential development occurring within the immediate Thida ZIP boundaries.
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.
Residents typically rely on personal vehicles for commutes, with a drive time of approximately 15-20 minutes to reach the employment and service hub of Batesville.
Recreational opportunities are primarily rural, featuring access to the White River for fishing and boating, with local community parks located in nearby Batesville.
The rental market is limited in depth, consisting mostly of single-family homes with low turnover and minimal short-term rental presence.
The local economy is anchored by the agricultural sector and the industrial base located in the nearby city of Batesville, which serves as the county seat.
Transportation is entirely dependent on private vehicle use via state highways; there is no public transit infrastructure serving this rural ZIP code.
There are no major commercial or residential developments currently approved or under construction within the 72165 ZIP code.
The Independence County Assessor manages property valuations, typically reassessing parcels on a cyclical basis to reflect current market conditions.
Parcels are subject to the Batesville School District and standard county-level taxing jurisdictions.
Property insurance premiums are influenced by regional weather patterns, including wind and hail exposure, which are common in North Central Arkansas.
Arkansas has experienced modest net domestic migration gains, primarily driven by retirees and families seeking lower costs of living.
Arkansas is a non-judicial foreclosure state, allowing for a streamlined process under the power of sale clause in deeds of trust.
Arkansas law requires sellers to provide a property disclosure form, though the scope of mandatory disclosures is relatively limited compared to other states.
Data retrieved from data.census.gov ZCTA5 72165 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.
Provides regional access for fishing, boating, and outdoor recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.