The story of this market
The typical home in ZIP 71831 sells for about $115,000, or $82 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 98 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $850 a month.
ZIP 71831 — Columbus
The housing market in 71831 remains stable with low inventory and modest price growth. Market activity is limited by the rural nature of the area, with few new listings and slow turnover. Figures for specific metrics like price cuts and months of supply are based on limited local data points.
This ZIP is best suited for retirees or long-term residents seeking an affordable, quiet rural lifestyle, as it lacks the amenities and employment density required by commuters or young professionals.
Median prices moved up 2.1% year over year.
Homes spend a median of 98 days on market with 4.6 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 19.2% — 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 5.3%/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
net outflow — more people moved out than in
ZCTA 71831, Sevier County AR
Crime rates in this rural area are generally lower than the national average, with property-related incidents being the most common reports.
Schools serving this area are part of a small rural district with limited extracurricular offerings but stable student-to-teacher ratios.
The area is subject to standard regional flood risks and occasional severe storm activity; property insurance availability remains stable but premiums are rising.
Economic momentum is slow, with the local economy primarily driven by agriculture and small-scale retail; there is minimal 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.
Commutes are primarily by private vehicle, with most residents traveling to nearby regional hubs for employment; public transit is not available.
Recreation is centered on outdoor activities, including local parks and proximity to regional fishing and hunting areas; shopping is limited to basic necessities.
The rental market is characterized by low turnover and limited inventory, with most units being single-family homes or small multi-family properties.
The local economy is heavily reliant on agriculture, forestry, and local government services, with limited industrial diversification.
Transportation is entirely dependent on regional highway networks; there is no public transit infrastructure.
There are no major commercial or residential developments currently approved or under construction in this ZIP code.
The Sevier County Assessor's office conducts periodic reappraisals to ensure property values align with market trends.
Parcels are subject to standard county and school district tax levies; there are no active MUD or PID districts reported.
Property insurance remains available, though carriers are increasingly sensitive to wind and hail damage risks common in the region.
Data retrieved from data.census.gov ZCTA 71831 profile.
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.
- Historic Washington State Park4.77.8 mi
- Millwood State Park4.611.9 mi
- COTTONSHED PARK (AR)4.68.5 mi
- Historic Washington State Park4.77.8 mi
- Millwood State Park4.611.9 mi
- COTTONSHED PARK (AR)4.68.5 mi
- Beards Bluff on Millwood Lake4.68.4 mi
- Millwood Golf and RV Resort4.211.9 mi
- Texarkana Regional Airport3.924.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Local community park providing basic recreational facilities and green space.
Provides local access for fishing and outdoor recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.