The story of this market
The typical home in ZIP 72313 sells for about $125,000, or $85 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 62 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $950 a month.
ZIP 72313 — Bassett
The housing market in 72313 remains quiet with very low inventory and limited sales activity. Prices have seen modest appreciation consistent with regional trends, driven by the stable agricultural economy. Most data points for specific market metrics like active listings and days on market are based on limited sample sizes due to the small population.
This ZIP is best suited for individuals or families seeking affordable, rural living with proximity to agricultural employment centers.
Median prices moved up 4.2% year over year.
Homes spend a median of 62 days on market with 6.0 months of supply — a balanced-paced market.
8% 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 5.8% · 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 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 4.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 72313, Mississippi County AR
The area is located in a low-lying region near the Mississippi River, necessitating flood insurance for many properties.
The local economy is primarily driven by agricultural operations and regional logistics, with limited new residential 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 commute by personal vehicle to nearby employment hubs in Osceola or Blytheville via US Highway 61.
Recreational opportunities are limited within the immediate ZIP code, with most amenities located in neighboring towns.
The rental market is characterized by low inventory and stable, modest demand from local agricultural workers.
The economy is heavily reliant on the agricultural sector, specifically row-crop farming, and regional logistics support.
Transportation is primarily served by US Highway 61, which provides the main corridor for regional travel.
There are no major residential or commercial developments currently approved or under construction in this ZIP code.
The Mississippi County Assessor is responsible for the valuation of all real property within the county.
Parcels are subject to local school district taxes and county-wide special service districts.
Property insurance premiums are influenced by the area's proximity to the Mississippi River and associated flood risks.
Data retrieved from US Census Bureau 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.
- The Haystack Cafe4.317.4 mi
- Abandoned Antiques4.817.9 mi
- Meeman-Shelby Forest State Park4.612 mi
- Wapanocca National Wildlife Refuge4.58.6 mi
- Hampson Archeological Museum State Park4.710.6 mi
- Meeman-Shelby Forest State Park4.612 mi
- Wapanocca National Wildlife Refuge4.58.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides local access for outdoor recreation and flood protection observation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.