The story of this market
The typical home in ZIP 72624 sells for about $245,000, or $168 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 84 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $950 a month.
ZIP 72624 — Compton
The housing market in 72624 is characterized by low inventory and slow turnover, typical of a remote rural area. Prices have seen modest appreciation, driven by demand for recreational and retirement properties near the Buffalo National River. No major commercial developments are currently impacting the residential market.
This area is best suited for outdoor enthusiasts, retirees, and those seeking rural living, as it lacks proximity to major employment hubs.
Median prices moved up 2.1% year over year.
Homes spend a median of 84 days on market with 6.0 months of supply — a balanced-paced market.
8% 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 4.2% · poverty 11.5% — 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 6.0%/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 6.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 72624, Arkansas
The area is located in a rural Ozark region with moderate wildfire risk and localized flood risks near the Buffalo National River.
Economic activity is primarily driven by tourism and agriculture, with limited new commercial 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.
The area is a gateway to the Buffalo National River, offering extensive hiking, canoeing, and outdoor recreation opportunities.
The rental market is limited, consisting primarily of long-term residential rentals and seasonal vacation properties.
The local economy is heavily reliant on tourism related to the Buffalo National River and small-scale agricultural operations.
Parcels are served by local school districts and county-level utility and emergency service districts.
Property insurance premiums are influenced by rural fire protection ratings and wildfire risk exposure.
Data retrieved from data.census.gov 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.
- Bounce Mania4.619.1 mi
- The Oasis - Harrison's #1 Bar and Grill4.315.2 mi
- T's BBQ Voted “Best BBQ”4.317.1 mi
- Horseshoe Canyon Ranch4.85.8 mi
- Arkansas Grand Canyon4.812.4 mi
- Hemmed-In Hollow Falls4.82.3 mi
- Buffalo Outdoor Center4.73.7 mi
- Big Bluff Goat Trail4.92.1 mi
- Boxley Valley Historic District4.73.9 mi
- Granny Henderson Cabin3.62.3 mi
- Lost Valley Trailhead4.84.7 mi
- Hemmed-In Hollow Falls4.82.3 mi
- Twin Falls Trailhead4.75.3 mi
- Big Bluff Goat Trail4.92.1 mi
- Wilderness Rider Buffalo Ranch & Adventure Park4.89.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides extensive hiking, fishing, and canoeing access.
Popular scenic trail located within the ZIP code area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.