The story of this market
The typical home in ZIP 72176 sells for about $207,000, or $135 per square foot.
Prices are down 1.3% from a year ago, which gives buyers more room to negotiate. Homes take about 49 days to sell. HUD's fair market rent for a two-bedroom is $1,050 a month.
ZIP 72176
The housing market in 72176 is currently stable, characterized by modest price adjustments and balanced inventory levels. Market activity is driven by suburban demand from commuters working in the Little Rock metro area, with no significant signs of volatility. Figures for specific metrics like price cuts were not published at the ZIP level and are omitted.
This ZIP is well-suited for family buyers and commuters looking for affordable, suburban living with convenient access to the Little Rock metro area.
Median prices moved down 1.3% year over year.
Homes spend a median of 49 days on market with 3.6 months of supply — a fast-moving market.
12% 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 4.2% · poverty 9.8% — 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 4.9%/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
net influx — more people moved in than out
ZCTA 72176, Lonoke County AR
Crime rates in Ward are generally lower than the regional average for the Little Rock metropolitan area, with property crime being the primary concern.
Schools serving the area are part of the Lonoke School District, which generally maintains a stable academic reputation within the county.
The area is subject to standard regional risks including severe thunderstorms and occasional tornado activity; flood risk is localized to specific low-lying zones.
Growth is driven by residential expansion as commuters seek affordable housing within reach of the Little Rock employment core.
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.
Commuters typically drive via US-67/167 to reach employment centers in North Little Rock and Little Rock, with average commute times reflecting a suburban profile.
Local amenities include community parks and proximity to outdoor recreation in the surrounding Lonoke County countryside.
The rental market is characterized by moderate demand from families and commuters, with limited inventory keeping vacancy rates relatively low.
The economy is largely tied to the broader Little Rock-North Little Rock metro area, with major employment sectors including government, healthcare, and retail.
Transportation is primarily automobile-dependent, relying on the US-67/167 corridor for regional connectivity.
Development is focused on low-density residential expansion on the periphery of the existing city footprint.
The Lonoke County Assessor manages property valuations, with assessments typically updated on a cyclical basis.
Parcels are subject to Lonoke County property taxes and the Lonoke School District millage.
Property insurance premiums are influenced by regional weather patterns, including wind and hail exposure common in central Arkansas.
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.
Local community park providing green space and recreational facilities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.