The story of this market
The typical home in ZIP 72321 sells for about $125,000, or $85 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 92 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $850 a month.
ZIP 72321 — Burdette
The housing market in 72321 is extremely quiet with very low inventory and minimal sales activity. Prices remain stable, reflecting the rural nature of the area where demand is driven primarily by local agricultural employment. Most metrics for this ZIP are not published by major portals due to the small population size.
This ZIP is best suited for individuals seeking rural, low-cost living or those employed in the local agricultural sector.
Median prices moved up 2.5% year over year.
Homes spend a median of 92 days on market with 6.2 months of supply — a slower-moving market.
0% 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 15.2% — 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 3.1%/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 2.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 72321, Mississippi County AR
The area is located in a region with moderate flood risk associated with the Mississippi River basin.
The local economy is primarily driven by agricultural operations and regional logistics in Mississippi County.
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.
Commutes are primarily by private vehicle, with residents traveling to nearby hubs like Blytheville or Osceola for employment.
Recreational opportunities are limited to local community parks and proximity to rural outdoor spaces in the Mississippi Delta region.
The rental market is very thin with limited inventory and low turnover, primarily serving local agricultural workers.
The economy is heavily reliant on large-scale row-crop agriculture and related agribusiness in the Mississippi Delta.
Transportation is entirely dependent on personal vehicles; no public transit infrastructure exists in this rural ZIP.
No major commercial or residential developments are currently reported for this rural area.
Mississippi County Assessor maintains property valuations based on periodic reappraisals.
Parcels are served by the Mississippi County school and county-level taxing jurisdictions.
Property insurance premiums are influenced by regional flood risk and rural fire protection ratings.
Arkansas is a non-judicial foreclosure state.
Arkansas requires sellers to provide a property disclosure form regarding known material defects.
Data retrieved from data.census.gov ZCTA 72321 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.
- Fort Pillow State Historic Park4.713.5 mi
- Hampson Archeological Museum State Park4.718.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Small local park serving the town residents.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.