Market Overview
Home Prices in Hamburg, AR
The median home value in Hamburg, AR is $102,839 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.1% compared to a year ago and down 5.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Hamburg are priced75% below average.
Over the past five years, Hamburg home values have fallen by approximately0.6%, reflecting softening conditions in this market.
Price History
Hamburg Home Price Trend
2020
$96,907
$97K
—
2021
$103,444
$103K
+6.7%
2022
$105,347
$105K
+1.8%
2023
$107,499
$107K
+2.0%
2024
$103,679
$104K
-3.6%
2025
$97,858
$98K
-5.6%
2026
$102,839
$103K
+5.1%
City Comparison
Hamburg vs. National Median
🏠 Hamburg
$102,839
National Median
$410,000
At $102,839, homes in Hamburg cost 75% below the national median of $410,000. This makes Hamburg a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Hamburg?
20% Down Payment
$20,568
on $102,839
Monthly P&I
$536/mo
30-yr @ 6.8%
Total Monthly Est.
~$681/mo
incl. taxes & insurance
Income Needed
$27,240
gross annual (30% rule)
10% Down Option
$10,284
+ PMI applies
Loan Amount (20% dn)
$82,271
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Hamburg, AR?
The median home value in Hamburg is $102,839 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.1% year-over-year.
How much have home prices changed in Hamburg?
Over the past year, home values in Hamburg have increased by 5.1%. Over five years, prices have fallen approximately 0.6%.
How much do I need to earn to buy a home in Hamburg?
To comfortably afford the median home price of $102,839 with a 20% down payment ($20,568) at today's rates (6.8%), you'd need a gross annual income of approximately $27,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Hamburg compare to the national average home price?
The national median home value is approximately $410,000. At $102,839, homes in Hamburg are 75% below the national average.