The story of this market
The typical home in ZIP 72542 sells for about $60,000.
HUD's fair market rent for a two-bedroom is $909 a month.
ZIP 72542 — Hardy
The housing market in ZIP 72542 is characterized by a low median listing price of $60,000 with 117 active listings. Most specific market metrics such as days on market, price cuts, and sales volume are not currently published for this ZIP code. The area is predominantly owner-occupied with a population of 4,072.
This area is primarily suited for owner-occupant households, which make up the large majority of the housing stock.
Median prices moved sideways 0.0% year over year.
Awaiting this reading — not graded.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · poverty 15.2% — a stable, low-distress profile.
ZCTA 72542, Sharp County AR
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.
The mean travel time to work for residents in this ZIP code is approximately 24.2 minutes.
The rental market in this ZIP code consists of approximately 16.8% renter-occupied housing units.
The local economy is characterized by a median household income of $41,295 and a poverty rate of 15.2%.
Data retrieved from Census Reporter profile for 72542.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.