Housing in Hico, TX is a great investment, as the median value is $242,200 and has experienced 16.22% appreciation in the last year. This is significantly higher than the national average of 8.27%, indicating that real estate in Hico is an attractive option for buyers and investors. The median value of housing in Hico is lower than the US house median value of $338,100, which could be appealing to those looking to buy their first home or invest on a budget.
The median home cost in Hico is $242,200. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Hico is up 19.7%.
Average Age of Homes
- The median age of Hico real estate is 49 years old
The Rental Market in Hico
- Renters make up 36.1% of the Hico population
- 1.1% of houses and apartments in Hico, 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.