The story of this market
The typical home in ZIP 71860 sells for about $85,000, or $65 per square foot.
Prices are down 2.3% from a year ago, which gives buyers more room to negotiate. Homes take about 112 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $750 a month.
ZIP 71860 — Stamps
The housing market in 71860 remains stable but slow, characterized by low inventory and limited sales activity. Prices have seen a slight year-over-year decline, reflecting the broader economic stagnation in rural Lafayette County. Most market metrics are derived from local real estate trends and census data, as specific high-frequency portal data for this rural ZIP is sparse.
This ZIP is best suited for budget-conscious buyers or those seeking a quiet, rural lifestyle in a small-town setting with low cost-of-living requirements.
Median prices moved down 2.3% year over year.
Homes spend a median of 112 days on market with 7.0 months of supply — a slower-moving market.
12% of listings have cut prices · homes sell at 94.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.8% · poverty 21.5% — 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 3.6%/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 3.0%/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 71860, Lafayette County AR
Schools in the Stamps area are part of the Lafayette County School District, which serves a rural student population with limited extracurricular resources.
The area is subject to standard regional flood risks associated with the Red River basin and typical Arkansas severe weather patterns.
Economic momentum is limited, with the local economy primarily supported by agriculture, timber, and small-scale local services.
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 car-dependent, with residents traveling to nearby hubs like Magnolia or Hope for employment.
Recreation is centered on local community parks and proximity to regional outdoor activities like fishing and hunting in the surrounding Lafayette County woodlands.
The rental market is characterized by low turnover and limited inventory, with most units consisting of single-family homes.
The local economy is driven by agriculture, timber production, and small-scale retail, with many residents commuting to larger regional centers.
Transportation is entirely reliant on private vehicles, with no public transit infrastructure available in the area.
There are no major commercial or residential developments currently approved or under construction in this ZIP.
The Lafayette County Assessor manages property valuations, which are generally updated on a cyclical basis.
Parcels are served by the Lafayette County School District and standard county-level utility and emergency service districts.
Property insurance premiums are influenced by regional wildfire and storm risks, with availability generally stable but costs rising in line with state trends.
Arkansas is a non-judicial foreclosure state, allowing for relatively efficient processing of defaults under state statutes.
Sellers are required to provide a property disclosure statement, though the scope is generally limited compared to more urbanized states.
Data retrieved from Census Reporter profile for ZCTA 71860.
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.
Local community park providing basic recreational space.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.