Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hico area can be challenging. Home prices in Hico are now at a median cost of $163,399, lower than the Texas average of $235,268.
The average cost of rent is $728/mo in Hico, primarily driven by the current value of real estate in the Hico area. While nearly 63.22% of residents own their homes outright in Hico, 25.18% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hico is $3,797 per month. Households that rent pay about 19.17% of their income on rent here. Hico's most expensive areas are in the northwestern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Duffau, TX: higher priced homes
- Carlton, TX: higher priced homes
- Iredell, TX: less expensive homes
- Fairy, TX: less expensive homes
- Olin, TX: less expensive homes
- Purves, TX: equally priced homes
- Walnut Springs, TX: equally priced homes
- Siloam, TX: equally priced homes
- Edna Hill, TX: equally priced homes
- Dublin, TX: equally priced homes
Cities with Similar Populations
- Rose Bud, AR: less expensive homes
- Eden, MD: equally priced homes
- Edmore, MI: less expensive homes
- Dermott, AR: less expensive homes
- Copper Hill, VA: higher priced homes
- Valley Forge, PA: higher priced homes
- Central City, IA: equally priced homes
- Canyonville, OR: higher priced homes
- Calhoun Falls, SC: less expensive homes
- Broxton, GA: less expensive homes
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