The housing market in Hackett, AR is thriving. The median value of homes in Hackett is $155,000, which is considerably lower than the national median of $338,100. Despite this difference, Hackett has seen an impressive 1 year appreciation rate of 13.61%, far outstripping the US average of 8.27%. This could mean that more people are looking to purchase property in Hackett and that prices may continue to rise over the next year. With its affordable prices and strong appreciation rate, Hackett looks like a great option for potential home buyers.
The median home cost in Hackett is $155,000. Home appreciation the last 10 years has been 65.3%. Home Appreciation in Hackett is up 18.5%.
Average Age of Homes
- The median age of Hackett real estate is 41 years old
The Rental Market in Hackett
- Renters make up 22.0% of the Hackett population
- 2.6% of houses and apartments in Hackett, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.