Market Overview
Home Prices in Hector, AR
The median home value in Hector, AR is $197,773 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.8% compared to a year ago and up 2.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Hector are priced52% below average. Hector is part of the Russellville, AR metro area.
Over the past five years, Hector home values have risen by approximately19.2%, reflecting steady appreciation in this market.
Price History
Hector Home Price Trend
2020
$146,375
$146K
—
2021
$165,983
$166K
+13.4%
2022
$181,130
$181K
+9.1%
2023
$186,588
$187K
+3.0%
2024
$189,297
$189K
+1.5%
2025
$194,299
$194K
+2.6%
2026
$197,773
$198K
+1.8%
City Comparison
Hector vs. National Median
🏠 Hector
$197,773
National Median
$410,000
At $197,773, homes in Hector cost 52% below the national median of $410,000. This makes Hector a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Hector?
20% Down Payment
$39,555
on $197,773
Monthly P&I
$1,031/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,309/mo
incl. taxes & insurance
Income Needed
$52,360
gross annual (30% rule)
10% Down Option
$19,777
+ PMI applies
Loan Amount (20% dn)
$158,218
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 Hector, AR?
The median home value in Hector is $197,773 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.8% year-over-year.
How much have home prices changed in Hector?
Over the past year, home values in Hector have increased by 1.8%. Over five years, prices have risen approximately 19.2%.
How much do I need to earn to buy a home in Hector?
To comfortably afford the median home price of $197,773 with a 20% down payment ($39,555) at today's rates (6.8%), you'd need a gross annual income of approximately $52,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Hector compare to the national average home price?
The national median home value is approximately $410,000. At $197,773, homes in Hector are 52% below the national average.
What metro area is Hector part of?
Hector is part of the Russellville, AR metropolitan area. Home prices and market conditions can vary across the broader metro region.