The story of this market
The typical home in Salesville, Arkansas sells for about $116,300, or $116 per square foot.
Prices are up +10.3% from a year ago, so sellers still have some momentum. Homes take about 114 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $994 a month.
Monthly price momentum
Home values since 2015
+2.7%
AR · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Salesville, Arkansas
Salesville is a small, stable community with a population of 515 and a housing market characterized by high owner-occupancy and low turnover. The market is driven by its proximity to the North Fork River and Norfork Dam, which support a tourism-based economy. Data for specific market metrics like sales volume and days on market are limited due to the city's small size and rural nature.
No ARED county foreclosure postings attributed to Salesville yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Deterministic aggregate of 1 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved up 5.3% year over year.
Homes spend a median of 57 days on market with 9.6 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.7% · poverty 21.8% — a mixed stability profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
Located just east of the city, this major infrastructure project created the North Fork River, which serves as a primary recreational anchor for fishing and boating.
Forms the eastern boundary of the city and is a premier destination for trout fishing, supporting local tourism-based businesses.
Salesville is best suited for retirees or individuals seeking a quiet, rural lifestyle near outdoor recreational amenities like the North Fork River, rather than commuters or those seeking high-density urban employment.
Students in Salesville are served by the Norfork School District, which provides local public education for the community.
The city is served by Arkansas Highway 5 and Highway 177, which provide the primary transit corridors for the area.
The city is situated near the North Fork River and Norfork Dam, offering significant access to outdoor recreation such as trout fishing and water-based activities.
The rental market is limited, with a median gross rent of $994 per month; rental units represent a small portion of the total housing stock.
The local economy is driven by small-scale tourism, including fishing resorts and specialized retail, with a significant portion of the workforce employed in service-related sectors.
Economic activity is centered on tourism and local services, including trout fishing resorts and specialized retail, with modest population growth observed in recent years.
The city is served by the Norfork School District.
The area is subject to severe weather risks, including tornadoes, as evidenced by a significant tornado strike in May 2024 that impacted the community.
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.
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 2.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from Census Reporter and MMCG Analytics.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.