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Buying a home in Hunter, Arkansas

The typical owner-occupied home in Hunter is worth about $91,800, 51% below the Arkansas median of $188,000 and 72% below the national median of $332,700. Owners pay a median $494 a year in property taxes, about 0.54% of their home's value, close to the Arkansas rate of 0.55%. 85% of occupied homes here are lived in by their owners, and 61% of those owners still have a mortgage.

Hunter at a glance

Hunter Arkansas U.S.
Median home value $91,800 $188,000 $332,700
Median property tax paid per year $494 $1,040 $3,119
Property tax as a share of value 0.54% 0.55% 0.94%
Median household income – $60,773 $80,734
Homes lived in by their owners 85% 66% 65%
Owner homes with a mortgage 61% 53% 61%
Median monthly costs, owners with a mortgage – $1,345 $1,963
Median rent – $947 $1,413
Median year homes were built 2014 1987 1980
Vacant homes 40.0% 13.5% 10.1%
Population 100 3,049,391 334,922,499

What a typical home costs per month in Hunter

At this week's average 30-year rate of 7.11%, buying the median Hunter home of $91,800 with 20% down costs about $574 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $727, because the loan is bigger and FHA adds mortgage insurance.

Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $24,583 for the 20%-down payment.

20% down, 30-year conventional loan
Down payment$18,360
Loan amount$73,440
Principal and interest$494
Property taxes (0.54% a year)$41
Homeowners insurance (our estimate, 0.5% a year)$38
PMI$0
Total per month$574

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3.5% down, 30-year FHA loan
Down payment$3,213
Loan amount$90,137
Principal and interest$606
Property taxes (0.54% a year)$41
Homeowners insurance (our estimate, 0.5% a year)$38
FHA mortgage insurance$41
Total per month$727

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Questions about home buying in Hunter

What is the median home value in Hunter?

About $91,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Hunter?

Homeowners pay a median $494 a year, which is about 0.54% of the median home value. Your bill depends on your home's assessed value and local rates.

What income do you need to buy a home in Hunter?

For the median home with 20% down at 7.11%, the payment is about $574 a month. Keeping that under 28% of gross income takes about $24,583 a year.

More about Hunter

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data