The story of this market
The typical home in ZIP 72427 sells for about $249,204, or $146 per square foot.
Prices are up +22.2% from a year ago, so sellers still have some momentum. Homes take about 71 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,080 a month.
This ZIP has no home sales of its own, so its market figures come from Craighead County, Arkansas (county-level). Population, rents, hazards, lending and amenities are this ZIP's own readings.
ZIP 72427 — Egypt
Market data for ZIP 72427 is extremely limited due to its small population and status as a PO Box-only ZIP. Most specific housing market metrics such as median sale price, days on market, and inventory are not published at the ZIP level. The area is characterized by a very small population and high poverty rates relative to the broader region.
Median prices moved up 22.2% year over year.
Homes spend a median of 71 days on market with 7.1 months of supply — a balanced-paced market.
16% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 535.0% · poverty 43.5% — elevated distress and economic pressure.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 72427, Craighead 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.
Data retrieved from Census Reporter profile for ZCTA 72427.