The story of this market
The typical home in ZIP 72471 sells for about $159,000, or $105 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 68 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $950 a month.
ZIP 72471 — Success
The Trumann housing market remains stable with a median listing price of $159,000, reflecting a moderate and accessible entry point for buyers. Market activity is consistent with historical trends, driven by local demand and limited inventory. No significant price volatility is observed, and the market is currently characterized by a balanced pace of sales.
Trumann is well-suited for families and budget-conscious buyers seeking an affordable entry point into homeownership. It appeals to those who prefer a small-town environment while remaining within a reasonable driving distance of the larger Jonesboro employment core.
Median prices moved up 2.5% year over year.
Homes spend a median of 68 days on market with 4.2 months of supply — a balanced-paced market.
12% 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 5.8% · poverty 25.4% — 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 7.2%/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 5.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 72471, Poinsett County AR
Crime rates in Trumann are generally consistent with regional averages for small-town Arkansas, with property crime being the primary concern. Local law enforcement maintains a standard presence, and residents typically report feeling safe in residential neighborhoods.
The Trumann School District serves the area, providing public education with a focus on community-integrated learning. Schools are generally characterized as meeting state standards, though performance metrics vary by campus.
The area is subject to standard regional risks, including severe thunderstorms and occasional tornado activity common to Northeast Arkansas. Flood risk is localized, and property insurance premiums are influenced by these regional weather patterns.
Economic momentum is driven by local industrial and manufacturing sectors, supported by the Trumann Chamber of Commerce's Industrial Development Committee. Infrastructure remains stable, with ongoing efforts to attract small-to-medium business investment.
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.
Commuting is primarily car-dependent, with residents often traveling to nearby Jonesboro for employment and major services. Access to regional highways facilitates these short-to-medium distance trips.
Local recreation includes community parks and access to outdoor activities in the surrounding Poinsett County landscape. Shopping and dining options are concentrated in the city center, serving basic local needs.
The rental market is characterized by steady demand for single-family homes and small multi-family units. Vacancy pressure is generally low, and rent growth has remained moderate in line with local income levels.
The economy is anchored by manufacturing and industrial operations, with many residents commuting to Jonesboro for broader employment opportunities. The local chamber actively promotes industrial development.
Transportation is dominated by private vehicle use, with regional connectivity provided by state highways. Public transit options are limited.
Development is focused on maintaining existing infrastructure and supporting small-scale industrial growth. No major large-scale residential master-planned communities are currently reported.
Poinsett County assesses property values based on market data and state-mandated appraisal cycles.
Parcels are served by the Trumann School District and standard county-level utility and emergency service districts.
Property insurance is standard for the region, with premiums reflecting exposure to severe weather events common in Northeast Arkansas.
Net domestic migration has been relatively stable, with minor fluctuations reflecting regional economic shifts.
Arkansas operates as a non-judicial foreclosure state, with specific notice and redemption periods defined by state law.
Sellers are required to provide a property disclosure statement detailing known material defects, though the scope is generally limited compared to other states.
Data retrieved from US Census Bureau QuickFacts and ZCTA-level ACS tables.
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 hub for youth and community sports leagues.
Provides green space and recreational facilities for residents.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.