The story of this market
The typical home in ZIP 72474 sells for about $159,000, or $98 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 68 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $850 a month.
ZIP 72474
The Trumann housing market remains stable with a median listing price of $159,000, reflecting its role as an affordable manufacturing-based community. Market activity is supported by local industrial growth and new development projects, though the area faces challenges related to lower median household incomes and regional economic shifts. Current inventory levels and sales pace suggest a balanced market for buyers and sellers.
Trumann is well-suited for families and local workers seeking an affordable cost of living, as well as investors looking for entry-level housing opportunities in a stable, manufacturing-based economy.
Median prices moved up 2.5% year over year.
Homes spend a median of 68 days on market with 4.2 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 97.5% 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 3.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 72474, Poinsett County AR
Crime rates in Trumann are generally consistent with small-town Arkansas averages, though property crime remains a primary focus for local law enforcement.
Public schools in Trumann are part of the Trumann School District, which generally receives moderate ratings for student performance and community engagement.
The area is located in the Arkansas Delta, which is subject to flood risks near the St. Francis River and occasional severe wind events common to the region.
Economic momentum is driven by local manufacturing, specifically the Roach Manufacturing Corporation, with new commercial and residential expansion projects like Steel Creek Development underway.
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 primarily rely on personal vehicles for commuting, with access to regional highways connecting to larger employment hubs in Jonesboro.
The area features the Trumann City Park and is located near the St. Francis River, which is nationally recognized for duck hunting and outdoor recreation.
The rental market is characterized by steady demand for affordable housing, with a mix of single-family rentals and multi-family complexes managed by the local housing authority.
The economy is anchored by manufacturing, with Roach Manufacturing Corporation serving as a major employer following the historical decline of the Singer Company.
Transportation is primarily highway-based, with limited public transit options available for regional commuting.
Development is currently focused on the Steel Creek project, which aims to revitalize the northeast corner of the city.
Poinsett County assesses property values based on market data and state-mandated appraisal cycles.
Parcels are subject to school district millage and standard county-level utility and service district assessments.
Property insurance premiums are influenced by regional flood risk and severe weather exposure common to the Arkansas Delta.
The state has seen modest net domestic migration gains, though specific ZIP-level net migration figures are not published.
Arkansas is a non-judicial foreclosure state, allowing for relatively efficient processing of defaulted mortgages.
Arkansas law requires sellers to provide a property disclosure form, though the scope is generally limited compared to other states.
Data retrieved from Census Bureau ZCTA profiles and World Population Review.
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 Arena4.413.6 mi
- Golden Corral Buffet & Grill3.915.3 mi
- Centennial Bank Stadium4.713.4 mi
- Paragould Community Center4.58.1 mi
- Native Brew Works4.814.5 mi
- Lake Frierson State Park4.65.5 mi
- Malco Studio at Greensborough Village4.612.8 mi
- The Social4.112.8 mi
- Reynolds Park4.58.1 mi
- Let's Roll Paragould4.68.3 mi
- University Museum4.713.9 mi
- Wings of Honor Museum4.915.5 mi
- Crowley's Ridge State Park4.70.3 mi
- Lake Frierson State Park4.65.5 mi
- Reynolds Park4.58.1 mi
- Harmon Park4.310.3 mi
- Paragould Labor Park Center4.210.8 mi
- Sage Meadows Country Club4.511 mi
- Belk4.18.6 mi
- The Front Porch Flea Market4.710.5 mi
- 7 Acres Flea Market4.112.6 mi
- 412 Flea Market4.210.7 mi
- West Pointe Shopping Center4.28.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Primary municipal park providing green space and recreational facilities.
Regional landmark known for duck hunting and wetlands.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).