The housing in Hemphill, TX 75948 is an attractive and affordable option compared to the US median value of $338,100. The median value of a house in Hemphill is $177,400, making it a more cost-effective option for potential homeowners. Furthermore, the 1 year appreciation rate for housing in Hemphill is 16.22%, significantly higher than the US average of 8.27%. This makes it an excellent investment opportunity as well. With its attractive pricing and strong appreciation rate, Hemphill's housing market is an ideal choice for those looking to buy or invest in real estate.
The median home cost in Hemphill (zip 75948) is $177,400. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Hemphill (zip 75948) is up 19.7%.
Average Age of Homes
- The median age of Hemphill (zip 75948) real estate is 31 years old
The Rental Market in Hemphill (zip 75948)
- Renters make up 5.1% of the Hemphill (zip 75948) population
- 0.6% of houses and apartments in Hemphill (zip 75948), 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.