The story of this market
The typical home in ZIP 72568 sells for about $169,000, or $115 per square foot.
Prices are up +2.96% from a year ago, so sellers still have some momentum. Homes take about 70 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $934 a month.
ZIP 72568 — Pleasant Plains
The Pleasant Plains housing market remains stable with a median home price of $169,000 and a modest inventory of 21 active listings. Market activity is characterized by longer decision cycles for buyers compared to the previous year, reflecting a cautious but steady pace of sales. No rental data is currently available for this specific ZIP code.
This ZIP is best suited for rural-lifestyle seekers, retirees, and local workers who prioritize affordability and proximity to the natural amenities of the Ozark foothills.
Median prices moved up 3.0% year over year.
Homes spend a median of 70 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.5% · poverty 14.0% — 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 4.4%/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 3.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 72568, Independence County AR
Schools serving the area are part of the Independence County school system, generally characterized by rural district standards.
The area is subject to standard regional risks including severe thunderstorms and occasional tornado activity common to north-central Arkansas.
Economic momentum is driven by local agricultural and small-scale commercial activity 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.
Residents typically rely on personal vehicles for commutes to nearby employment hubs like Batesville.
The area offers access to rural outdoor activities, including proximity to the White River and local community parks.
The rental market is limited with low inventory and minimal data on professional management or short-term rental saturation.
The local economy is primarily supported by agriculture, forestry, and small-scale manufacturing in the surrounding Independence County area.
Transportation is heavily dependent on state highway corridors connecting to Batesville and larger regional centers.
Development is primarily low-density residential and agricultural with no major large-scale commercial projects currently reported.
The Independence County Assessor manages property valuations based on periodic reappraisals.
Parcels are subject to local school district taxes and county-wide service levies.
Property insurance premiums are influenced by regional weather patterns and wildfire risk assessments.
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.
Provides regional access for fishing and recreational boating.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.