The story of this market
The typical home in ZIP 72417 sells for about $200,000, or $147 per square foot.
Prices are up +5.2% from a year ago, so sellers still have some momentum. Homes take about 15 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,275 a month.
ZIP 72417 — Brookland
The housing market in 72417 remains stable with steady demand for single-family homes, driven by its proximity to Jonesboro. Inventory levels are low, supporting consistent price appreciation. Figures for specific metrics like price-cut percentage and months of supply are based on current local listing data.
This ZIP is well-suited for families and commuters seeking a suburban lifestyle with proximity to the employment and service hubs of Jonesboro.
Median prices moved up 5.2% year over year.
Homes spend a median of 15 days on market with 2.1 months of supply — a fast-moving market.
8% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.1% · poverty 7.8% — 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 5.1%/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 4.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 72417, Craighead County AR
The area is served by the Brookland School District, which is generally regarded as a stable and primary educational provider for the local community.
Brookland serves as a growing residential suburb of Jonesboro, benefiting from regional economic expansion in Northeast 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 commute to nearby Jonesboro for employment, typically via US-49.
The area features local community parks and proximity to the broader recreational and shopping amenities of the Jonesboro metropolitan area.
The rental market is characterized by single-family home demand, with limited multi-family inventory and stable occupancy rates.
The economy is anchored by the nearby Jonesboro employment hub, featuring healthcare, education, and manufacturing sectors.
Residential development continues to expand along the US-49 corridor connecting Brookland to Jonesboro.
Parcels are subject to the Brookland School District and Craighead County tax assessments.
Data retrieved from US Census Bureau ZCTA 72417 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.
Local community green space for recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.