Hemphill, TX County is a great place for those looking to invest in property. The housing median value in the county is $262,080, below the national average of $338,100. However, this makes it an attractive option for buyers who are looking for more affordable real estate. In addition, Hemphill has seen an impressive house appreciation rate of 19.07% over the last year, compared to the national 1 year house appreciation rate of 8.27%. With these great conditions and opportunities, Hemphill is a great place for those interested in investing in real estate.
The median home cost in Hemphill County is $262,080. Home appreciation the last 10 years has been 61.7%. Home Appreciation in Hemphill County is up 11.4%.
Average Age of Homes
- The median age of Hemphill County real estate is 41 years old
The Rental Market in Hemphill County
- Renters make up 22.4% of the Hemphill County population
- 1.5% of houses and apartments in Hemphill County, 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.