Hackett, AR—72937
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hackett, AR
As of Oct '25, the median home price in Hackett, AR is $193,000, with a year-over-year change of 0.1%. This indicates that home prices in Hackett, AR are flat. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $193,000 | 0.1% |
| Single Family | $193,000 | 0.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Hackett, AR
As of July '25, Rentcast reports the average rent in Hackett, AR is $844, with a year-over-year rent change of -9.1%. Per bedroom, the median rent as of July '25 in Hackett, AR is 2-bedrooms: $792, 3-bedrooms: $922. The most common rental property sizes in Hackett, AR are 2-bedroom and 3-bedroom, accounting for 58.5% and 29.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $800 | $844 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $800 | $792 |
| 3 Bed Rent | $895 | $922 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Hackett, AR
As of Oct '25, Realtor.com reports that the median days on market for a home in Hackett, AR is 40. This is a decrease of -2.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $309,000 | 46.0% |
Listing Count | 9 | 13.0% |
| Listings as % of Homes | 0.5% | 13.0% |
Days on Market | 40 | -2.0% |
Demographics — Hackett, AR
As of the latest ACS Survey released in 2023, Hackett, AR has a population of 3,550, which has increased by 8.3% over the past 5 years. Hackett, AR is a moderately popular place for families, as children make up 21.1% of the population. The area has a poorly educated workforce, with 11.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,550 | 8.3% |
% Under 18 | 21.1% | -10.2% |
% Seniors | 15.6% | -17.5% |
% WFH | 6.4% | -45.3% |
% w/ College Degree | 11.3% | -0.9% |
As of the latest ACS Survey released in 2023, Hackett, AR is a predominantly white area, with 87.7% of the population identifying as white. The white population has shrunk by 1.5% in the last 5 years. The second most common race or ethnicity in Hackett, AR is hispanic, making up 0.4% of the population. Foreign-born residents account for 0.1% of the population in Hackett, AR, and this percentage has decreased by 88.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 87.7% | -1.5% |
% Black | 0.0% | N/A |
% Hispanic | 0.4% | -66.7% |
% Asian | 0.1% | -87.5% |
% Foreign Born | 0.1% | -88.9% |
Mortgage and Risk — Hackett, AR
According to HUD data as of 2023, there were 60 mortgage originations in Hackett, AR, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Hackett, AR. Investor activity is low, as 2.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 60 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Hackett, AR
Hackett, AR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 5 |
Total Units Section 8 | 5 |
% Rentals under Section 8 | 1.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $690 |
| 2 Bedroom | $110 | $800 | $910 |
| 3 Bedroom | $345 | $895 | $1,240 |
| 4 Bedroom | N/A | N/A | $1,500 |
Affordability — Hackett, AR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $193,000 |
| Median Household Income | $58,400 |