The story of this market
The typical home in ZIP 72802 sells for about $257,500, or $151 per square foot.
Prices are up +3.5% from a year ago, so sellers still have some momentum. Homes take about 58 days to sell. HUD's fair market rent for a two-bedroom is $887 a month.
ZIP 72802 — Russellville
The 72802 housing market is currently balanced, with a median sale price of $257,500 reflecting a 3.5% year-over-year increase. Inventory remains relatively tight, and homes are selling in approximately 58 days. Market conditions are driven by steady demand in the Russellville area and limited supply.
This ZIP code is well-suited for family buyers and those seeking a more rural or suburban lifestyle with access to the amenities of Russellville.
Median prices moved up 3.5% year over year.
Homes spend a median of 58 days on market with 0.1 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 95.9% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.8% · poverty 12.4% — 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 8.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 72802, Pope County, AR
Schools serving the area are part of the Russellville School District, which generally maintains a standard academic profile for the region.
Approximately 52% of properties in the ZIP code have some risk of being affected by wildfire over the next 30 years.
The area is characterized by a mix of residential and rural land use with steady development activity in the Russellville periphery.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. 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 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 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. Tax Calculation Formula: Assessed Value = Appraised Market Value * 0. State (Arkansas) — Arkansas Disabled Veteran Total Property Tax Exemption: Provides a 100% exemption from all ad valorem real property taxes on the principal homestead.
The area is primarily car-dependent, with residents commuting toward the employment core of Russellville via local highway corridors.
The area features proximity to Lake Dardanelle and various outdoor recreational opportunities, including local parks and trails.
The rental market is characterized by a high share of 3+ bedroom units with rents typically ranging between $750 and $999 per month.
The local economy is anchored by the Russellville area, with a mix of manufacturing, education, and service-sector employers.
Transportation is primarily served by local road networks with limited public transit options.
Development is focused on residential expansion in the outskirts of Russellville.
The Pope County Assessor manages property valuations for tax purposes.
Parcels are subject to standard school district and county-level taxing jurisdictions.
Property insurance premiums are influenced by regional wildfire and weather-related hazard risks.
Data retrieved from US Census Bureau ZCTA 72802 profiles.
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. Source: NCES EDGE public school locations 2023-24.
Major regional lake providing boating, fishing, and recreational access.
Various community parks and green spaces serving the local population.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.