The story of this market
The typical home in ZIP 71854 sells for about $266,608, or $118 per square foot.
Prices are up +6.7% from a year ago, so sellers still have some momentum. Homes take about 26 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,600 a month.
This ZIP has no home sales of its own, so its market figures come from Miller County, Arkansas (county-level). Population, rents, hazards, lending and amenities are this ZIP's own readings.
ZIP 71854 — Texarkana
The housing market in 71854 is characterized by very low inventory and limited sales activity, reflecting its rural nature. Prices remain stable and affordable compared to regional urban centers, with little evidence of speculative development or rapid price appreciation.
This ZIP is best suited for those seeking a quiet, rural lifestyle, including retirees or individuals looking for affordable housing away from urban centers.
Median prices moved up 6.7% year over year.
Homes spend a median of 26 days on market with 8.3 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.0% · poverty 15.0% — a stable, low-distress profile.
ZCTA 71854, Miller County, Arkansas
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 I-49 providing connectivity to regional employment hubs.
The area offers a rural, quiet atmosphere with access to local outdoor spaces and basic shopping and dining options within the community.
The rental market is limited, consisting primarily of single-family homes and small apartment buildings with low turnover.
The local economy is primarily rural and agricultural, with residents often commuting to nearby Texarkana for broader employment opportunities.
The area is served by major highway corridors including I-49, facilitating regional travel.
The Miller County Assessor manages property valuations for tax purposes in accordance with Arkansas state law.
Parcels are subject to Miller County school district and local municipal tax levies.
Data retrieved from US Census Bureau ZCTA 71854 profile.
A quiet, rural area known for its peaceful atmosphere and proximity to regional highways.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass. Coherence hold-out: this pass's median price ($52,000) sat outside the 0.25–4× band around Miller County's retained level and was not stored.