The housing market in Hewitt, TX is strong and growing. The median house value in this city is $287,700, which is considerably lower than the US median of $338,100. However, the 1 year appreciation rate for houses in Hewitt is a whopping 17.68%, much higher than the US average appreciation of 8.27%. This shows that the housing market in Hewitt is healthy and continuing to grow. As such, it might be a smart investment to consider purchasing property in this city.
The median home cost in Hewitt is $287,700. Home appreciation the last 10 years has been 119.4%. Home Appreciation in Hewitt is up 21.3%.
Average Age of Homes
- The median age of Hewitt real estate is 30 years old
The Rental Market in Hewitt
- Renters make up 28.1% of the Hewitt population
- 1.4% of houses and apartments in Hewitt, 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.