Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hancock area can be challenging. Home prices in Hancock are now at a median cost of $135,400, lower than the Texas average of $235,268.
The average cost of rent is $573/mo in Hancock, primarily driven by the current value of real estate in the Hancock area. While nearly 72.12% of residents own their homes outright in Hancock, 22.92% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hancock is $5,638 per month. Households that rent pay about 10.16% of their income on rent here. Hancock's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- O'Donnell, TX: less expensive homes
- Key, TX: equally priced homes
- Los Ybanez, TX: less expensive homes
- Lamesa, TX: less expensive homes
- Mungerville, TX: higher priced homes
- Welch, TX: higher priced homes
- Gail, TX: equally priced homes
- Loop, TX: equally priced homes
- Fluvanna, TX: less expensive homes
- Seagraves, TX: less expensive homes
Cities with Similar Populations
- Elkol, WY: higher priced homes
- Three Rocks, OR: higher priced homes
- Tie Siding, WY: higher priced homes
- Toad Hop, IN: less expensive homes
- Toonerville, CO: higher priced homes
- Trimmer, CA: higher priced homes
- Freetown, KY: less expensive homes
- Frederick, KS: less expensive homes
- Enos Corner, IN: equally priced homes
- Elmo, VA: equally priced homes
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