The story of this market
The typical home in ZIP 72153 sells for about $180,450, or $145 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 107 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $589 a month.
ZIP 72153 — Shirley
The housing market in 72150 is characterized by moderate activity with a median sale price of $180,450 and a year-over-year price increase of 2.5%. Market conditions remain stable, with homes spending an average of 107 days on the market. Several data points, such as specific inventory counts and historical tax trajectories, were not available at the ZIP level and are omitted.
This ZIP code is well-suited for families and individuals seeking a small-town environment with a lower cost of living, while remaining within commuting distance of larger employment hubs.
Median prices moved up 2.5% year over year.
Homes spend a median of 107 days on market with 0.0 months of supply — a slower-moving market.
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) · unemployment 3.6% · poverty 19.9% — a stable, low-distress profile.
ZCTA 72150, Grant County AR
The area is served by the Sheridan School District, which is the primary educational provider for the community.
The region is located within the Arkansas Timberlands, necessitating standard awareness of forest-related fire risks and regional weather patterns.
Sheridan serves as the county seat of Grant County and has experienced steady population growth, supported by its role as a regional hub in the Arkansas Timberlands.
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 face a commute of approximately 29 minutes, often traveling toward employment centers in the Little Rock metropolitan area.
The area features access to the natural amenities of the Arkansas Timberlands, with local parks and outdoor recreational opportunities available within the community.
The rental market is characterized by a significant share of renter-occupied housing, with median rents reported at approximately $589.
The local economy is anchored by the city's role as the Grant County seat, with a mix of local services and industries typical of the Arkansas Timberlands region.
Transportation is primarily highway-dependent, with access to regional corridors facilitating travel toward the Little Rock metropolitan area.
The area is served by the Sheridan School District and local county-level administrative and utility districts.
Data compiled from City-Data and U.S. News Real Estate profiles.
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.
The city is situated deep within the forests of the Arkansas Timberlands, providing a rural and natural setting.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.