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These days, finding an affordable place to live in the Hail area can be challenging. Home prices in Hail are now at a median cost of $206,732, lower than the Texas average of $322,096.
The average cost of rent is $770/mo in Hail, primarily driven by the current value of real estate in the Hail area. In Hail, 20.46% of households rent, and 64.01% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hail is $8,322 per month. Households that rent pay about 9.25% of their income on rent here. Hail’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Gober, TX: higher priced homes
- Windom, TX: higher priced homes
- Ladonia, TX: less expensive homes
- Dodd City, TX: higher priced homes
- Bailey, TX: higher priced homes
- South Sulphur, TX: equally priced homes
- Bonham, TX: less expensive homes
- Honey Grove, TX: higher priced homes
- Pecan Gap, TX: less expensive homes
- Randolph, TX: higher priced homes
Cities with Similar Populations
- Tillman, IN: equally priced homes
- Crossroads, VA: less expensive homes
- Cudjoe Key, FL: higher priced homes
- Cyril, AL: less expensive homes
- Delmar, MO: less expensive homes
- DePew, IA: equally priced homes
- Desert Lake, CA: less expensive homes
- DeSoto, MS: less expensive homes
- Dickey, ND: less expensive homes
- Dispatch, KS: less expensive homes
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