The story of this market
The typical home in ZIP 72565 sells for about $165,000, or $112 per square foot.
Prices are up +3.2% 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 72565 — Oxford
The housing market in 72565 remains stable with low inventory and modest price appreciation. Demand is driven by local buyers and those seeking affordable rural living, though limited new construction keeps the market tight.
This ZIP is well-suited for retirees, families seeking a rural lifestyle, and individuals looking for affordable housing options away from major urban centers.
Median prices moved up 3.2% year over year.
Homes spend a median of 88 days on market with 5.2 months of supply — a balanced-paced market.
12% 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 5.1% · poverty 16.4% — 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 6.0%/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 4.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 72565, Arkansas
Crime rates in the Salem area are generally low and consistent with rural Arkansas trends, with property crime being the primary concern.
The area is served by the Salem School District, which maintains a stable academic reputation within the region.
The region faces moderate risks from severe thunderstorms and occasional wind events, with standard flood insurance recommended for properties near local waterways.
Economic momentum is driven by local agriculture, small-scale manufacturing, and regional healthcare services, with limited large-scale industrial 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 for employment.
The area offers access to outdoor activities including fishing and boating on local lakes, as well as proximity to state park trails.
The rental market is characterized by low inventory and steady demand, with limited turnover and minimal presence of institutional short-term rental operators.
The local economy is anchored by the Salem School District, local government, and small-scale retail and agricultural operations.
Transportation is dominated by state highway corridors connecting the area to neighboring towns; no public transit infrastructure exists.
Development is largely organic with no major large-scale commercial or residential projects currently in the pipeline.
The Fulton and Izard County appraisal districts conduct periodic reappraisals to ensure property values align with market trends.
Parcels are subject to school district taxes and standard county-level levies for emergency services and road maintenance.
Property insurance premiums are stable but reflect the regional risk profile for wind and storm damage common in Northern Arkansas.
Data retrieved from data.census.gov ZCTA 72565 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.
Local community park providing recreational space and playground facilities.
Nearby water feature popular for fishing and recreational boating.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.