The story of this market
The typical home in ZIP 71937 sells for about $80,000.
HUD's fair market rent for a two-bedroom is $574 a month.
ZIP 71937 — Cove
The housing market in 71937 is a low-activity, rural environment with very limited public data on current sales volume, days on market, or inventory. Market conditions are characterized by high vacancy rates and economic indicators suggesting a challenging environment for investors, with most figures derived from census-based estimates rather than active MLS reporting.
This area is primarily suited for budget-conscious buyers or those seeking rural residential property, given the low median home values and small-town setting.
Median prices moved sideways 0.0% year over year.
Awaiting this reading — not graded.
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 8.0% · poverty 22.1% — a mixed stability profile.
ZCTA 71937, Polk County AR
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.
The rental market is characterized by limited data and high vacancy rates, with rents often estimated from regional fair-market benchmarks.
The local economy is small and rural, with limited major industrial or corporate presence reported.
Data sourced from ZCTA-level ACS estimates and local market reports.
- Bethesda Lake Resort & Cabins513.3 mi
- Three Sticks Monument4.319.7 mi
- Cossatot Falls4.812.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.