The story of this market
The typical home in ZIP 72432 sells for about $116,100, or $85 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 112 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $723 a month.
ZIP 72432 — Harrisburg
The housing market in 72432 is characterized by low inventory and slow, steady price appreciation. Market activity is limited by the rural nature of the area, with demand primarily driven by local residents. Figures for active listings and price cuts are based on current local market availability.
This ZIP is best suited for families and individuals seeking an affordable, quiet, rural lifestyle. It is ideal for those who work locally or in nearby agricultural and manufacturing hubs and prefer a low-cost-of-living environment.
Median prices moved up 2.1% year over year.
Homes spend a median of 112 days on market with 7.0 months of supply — a slower-moving market.
12% of listings have cut prices · homes sell at 96% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 8.3% · poverty 16.7% — 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 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 2.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 72432, Poinsett County AR
Crime rates in Poinsett County are generally consistent with rural Arkansas averages, with property crime being the primary concern. Local law enforcement maintains a standard presence, though specific ZIP-level trends are not publicly detailed.
Schools serving the 72432 area are primarily managed by the Harrisburg School District, which is characterized by small class sizes and a focus on community-integrated education. Academic performance is generally aligned with regional rural benchmarks.
The area is subject to standard regional risks, including seasonal severe thunderstorms and potential flooding in low-lying agricultural zones. Property insurance availability remains stable, though premiums are influenced by regional tornado and wind exposure.
Economic momentum is driven largely by the agricultural sector and local manufacturing, with limited large-scale commercial development. Infrastructure improvements are focused on maintaining regional highway connectivity.
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 driving to nearby employment hubs in Jonesboro or other parts of Poinsett County. Public transit options are not available in this rural ZIP code.
Recreational opportunities include local parks and proximity to the St. Francis Sunken Lands Wildlife Management Area, which offers hunting and outdoor activities. Shopping and dining options are limited to small-scale local businesses within Harrisburg.
The rental market is characterized by low inventory and steady demand from local workers, with limited turnover. There is minimal presence of short-term rental platforms compared to urban centers.
The economy is anchored by agriculture, food processing, and local manufacturing. Employment is largely concentrated in these sectors, with Jonesboro serving as the primary regional economic driver.
Transportation is entirely reliant on private vehicles, with Arkansas Highway 1 serving as the primary corridor. There is no public transit infrastructure.
There are no major large-scale commercial or residential developments currently approved or under construction in the ZIP.
The Poinsett County Assessor manages property valuations, with assessments conducted periodically to reflect market value changes.
Parcels are subject to standard school district taxes and county-level levies for public services.
Property insurance is readily available, though premiums are sensitive to regional weather patterns, particularly wind and storm damage.
Arkansas has experienced modest net domestic migration gains, though rural areas like Poinsett County see stable, slow-growth population trends.
Arkansas is a non-judicial foreclosure state, allowing for a streamlined process under the power of sale clause in deeds of trust.
Arkansas law requires sellers to provide a property disclosure statement, though the scope is generally limited compared to other states.
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.
- Lake Poinsett State Park4.51.9 mi
- Parkin Archeological State Park4.819.1 mi
- Parker Pioneer Homestead4.72.8 mi
- Lake Poinsett State Park4.51.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Large protected area for hunting, fishing, and wildlife observation.
Local community park providing basic recreational facilities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.