The story of this market
The typical home in ZIP 71836 sells for about $145,000, or $98 per square foot.
Prices are down 3.3% from a year ago, which gives buyers more room to negotiate. Homes take about 112 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $850 a month.
ZIP 71836 — Foreman
The housing market in 71836 is characterized by low inventory and slow sales velocity, reflecting a stable but quiet rural market. Prices have seen a slight year-over-year decline, and the market remains highly sensitive to local economic conditions in the timber and agricultural sectors. Most figures are based on current listing data and historical census trends.
This ZIP is best suited for budget-conscious buyers, retirees, or those seeking a quiet, rural lifestyle with low cost-of-living requirements.
Median prices moved down 3.3% year over year.
Homes spend a median of 112 days on market with 13.0 months of supply — a slower-moving market.
12% of listings have cut prices · homes sell at 94.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.8% · poverty 18.4% — 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 6.1%/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 4.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 71836, Little River County AR
Schools serving the area are primarily managed by the Foreman School District, which provides rural educational services.
The area is subject to standard regional risks including severe thunderstorms and occasional flooding; property insurance availability is generally stable but sensitive to regional weather patterns.
Economic momentum is limited, with the local economy anchored by regional agriculture, timber, and small-scale manufacturing.
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.
Recreation is centered on outdoor activities, including proximity to local parks and regional water bodies for fishing and hunting.
The rental market is characterized by low inventory and limited turnover, primarily serving local workers and long-term residents.
The local economy is heavily reliant on agriculture, forestry, and local government services.
Transportation is dominated by private vehicle use on state highways; there is no significant public transit infrastructure.
Development activity is minimal, with no major commercial or residential projects currently reported.
Little River County Assessor manages property valuations based on state-mandated assessment cycles.
Parcels are subject to school district taxes and standard county-level levies.
Property insurance premiums are influenced by regional wildfire and storm risk profiles.
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.
Hosts local community events and agricultural gatherings.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.