The story of this market
The typical home in ZIP 72522 sells for about $180,645, or $116 per square foot.
Prices are down 24.1% from a year ago, which gives buyers more room to negotiate. Homes take about 56 days to sell. HUD's fair market rent for a two-bedroom is $772 a month.
This ZIP has no home sales of its own, so its market figures come from Independence County, Arkansas (county-level). Population, rents, hazards, lending and amenities are this ZIP's own readings.
ZIP 72522 — Charlotte
The housing market in 72522 is characterized by extremely low transaction volume and very low price points, reflecting its rural nature. Market conditions remain stable with minimal inventory turnover and limited development activity. Data for specific metrics like price cuts are not published due to the lack of active listings.
This ZIP is best suited for individuals seeking a quiet, rural lifestyle or those with existing local ties, as it lacks the amenities and employment density required by most commuters or investors.
Median prices moved down 24.1% year over year.
Homes spend a median of 56 days on market with 8.2 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 95% 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 2.6%/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 3.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 72522, Independence County AR
The area is located in a rural setting with standard regional risks for wind and storm events; specific flood zone mapping should be verified at the parcel level.
Economic activity is primarily driven by local agriculture and small-scale commerce, with limited large-scale industrial or corporate development.
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 traveling to nearby regional hubs like Batesville for employment and services.
The area offers access to rural outdoor activities, including proximity to the White River and local parks in the surrounding Independence County region.
The rental market is extremely limited due to the small population size and rural nature of the ZIP code, with very few active listings.
The local economy is largely agricultural and service-oriented, with most major employment opportunities located in the nearby city of Batesville.
Transportation is entirely reliant on private vehicles, with no public transit infrastructure serving this rural ZIP code.
There are no major commercial or residential developments currently approved or under construction within this ZIP code.
The Independence County Assessor manages property valuations, typically reassessing based on state-mandated cycles.
Parcels are served by local school districts and county-level utility and emergency service districts.
Property insurance availability is standard for rural Arkansas, though premiums may be influenced by regional wildfire and storm risk profiles.
Arkansas is a non-judicial foreclosure state, allowing for relatively efficient processing of defaults under state statutes.
Arkansas law requires sellers to provide a property disclosure form, though the scope is generally limited compared to other states.
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.
Local community green space serving the immediate area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass. Coherence hold-out: this pass's median price ($27,800) sat outside the 0.25–4× band around Independence County's retained level and was not stored.