Hemphill, TX is an attractive housing market for potential buyers. The median value of homes in Hemphill currently stands at $184,800, which is significantly lower than the US house median value of $338,100. Even more enticing is the fact that houses in Hemphill have appreciated by 16.22% over the last year compared to 8.27% nationwide. This indicates that investing in real estate in Hemphill could be a lucrative opportunity for buyers.
The median home cost in Hemphill is $184,800. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Hemphill is up 19.7%.
Average Age of Homes
- The median age of Hemphill real estate is 40 years old
The Rental Market in Hemphill
- Renters make up 17.0% of the Hemphill population
- 0.8% of houses and apartments in Hemphill, 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.