Housing in Hector, AR is much more affordable than the national average, with median value at around $124,300 compared to the US House Median Value of $338,100. Furthermore, house appreciation in Hector, AR has seen a 15.07% increase over the past year – significantly higher than the 8.27% rate of appreciation across the US. Consequently, housing in Hector is an attractive option for many who wish to invest in property or buy a home.
The median home cost in Hector is $124,300. Home appreciation the last 10 years has been 59.2%. Home Appreciation in Hector is up 15.1%.
Average Age of Homes
- The median age of Hector real estate is 40 years old
The Rental Market in Hector
- Renters make up 16.5% of the Hector population
- 2.0% of houses and apartments in Hector, 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.