The story of this market
The typical home in ZIP 72472 sells for about $159,000, or $98 per square foot.
Prices are down 2.5% from a year ago, which gives buyers more room to negotiate. Homes take about 78 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $850 a month.
ZIP 72472 — Trumann
The Trumann housing market remains stable with a focus on affordability, as evidenced by a median listing price of $159,000. Market activity is driven by local demand for entry-level single-family homes, though the high poverty rate and limited inventory suggest a cautious environment for investors. Current conditions reflect a balanced but slow-moving market with limited new development.
This ZIP is best suited for local families and budget-conscious buyers seeking affordable entry-level housing in a quiet, small-town environment.
Median prices moved down 2.5% year over year.
Homes spend a median of 78 days on market with 6.2 months of supply — a balanced-paced market.
12% 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 25.4% — 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 7.2%/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 4.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 72472, Poinsett County AR
Crime rates in Trumann are generally consistent with regional averages for small-town Northeast Arkansas, though specific localized trends are not determinable.
Schools in the area are primarily served by the Trumann School District, which provides standard public education services for the local community.
The area is subject to standard regional risks including severe thunderstorms and potential flooding associated with the Mississippi Delta geography.
Economic momentum is modest, with the local economy anchored by small-scale manufacturing and service industries typical of Poinsett 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.
Commuting is primarily car-dependent, with residents typically driving to nearby employment hubs in Jonesboro via US-63.
Local recreation includes community parks and access to outdoor activities in the surrounding Poinsett County landscape, with basic shopping available within the city limits.
The rental market is characterized by high demand for affordable housing, with a significant portion of the stock consisting of older single-family homes.
The economy is driven by local manufacturing, agriculture, and retail services, with many residents commuting to the larger Jonesboro labor market.
Transportation is dominated by private vehicle use, with US-63 serving as the primary arterial corridor connecting the city to the region.
Development is primarily focused on small-scale residential infill and maintenance of existing infrastructure.
The Poinsett County Assessor manages property valuations based on state-mandated assessment cycles.
Parcels are subject to standard school district and county-level property tax levies.
Property insurance premiums are influenced by regional weather risks, including wind and hail exposure common in Northeast Arkansas.
Arkansas is a non-judicial foreclosure state, allowing for relatively efficient processing of distressed properties.
Arkansas law requires sellers to provide a property disclosure form, though the scope is 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.
- First National Bank Arena4.417.4 mi
- Golden Corral Buffet & Grill3.916 mi
- Centennial Bank Stadium4.717.6 mi
- Native Brew Works4.818.3 mi
- Lake Poinsett State Park4.58.6 mi
- St. Francis Sunken Lands WMA4.511.3 mi
- Johnny Cash Boyhood Home4.719.6 mi
- Parker Pioneer Homestead4.712.9 mi
- University Museum4.717.4 mi
- Lake Poinsett State Park4.58.6 mi
- St. Francis Sunken Lands WMA4.511.3 mi
- Trumann Recreational Complex4.25.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Local facility for youth and community athletics.
Central green space for community gatherings.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.