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Foreclosure Homes in Hico, TX 76457

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Hico, TX Foreclosures

How much do homes sell for in Hico, TX?
The average home price is currently $373,117.
In Hico, TX, how many homes are available?
There are currently 8 active home listings available in Hico.
What’s the average rental cost in Hico, TX?
The average rental price in Hico is $1,221.
What is the most expensive home in Hico?
The most expensive home sold in Hico had a price of $19,509,800.
What is currently the cheapest priced home in Hico, TX?
The cheapest home for sale in Hico is priced at $20,918.

Living in Hico, TX

Hico, Texas, is a small, quaint town known for its rich history and charming atmosphere. It is located in the Central Texas region, offering a blend of rural living with close-knit community vibes. Known as the 'Steak Capital of Texas,' Hico boasts a variety of local restaurants and shops catering to all tastes and preferences.

Current Market Conditions in Hico, TX

The real estate market in Hico is relatively stable, with a moderate increase in property values over recent months. This rise can be attributed to the demand for affordable housing in smaller towns as more people seek to escape urban environments, especially post-pandemic.

Recent trends show a growing interest in purchasing homes in Hico, particularly among families and retirees looking for a quieter lifestyle. The town’s unique charm and economic potential are drawing more homebuyers, which could further spur market growth.

Home Value Estimator For Hico, TX

There are currently 1,708 real estate properties in Hico, TX, with a median automated valuation model (AVM) price of $252,150.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Hico, TX, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Hico, TX, is $373,117.00, with the most expensive house in Hico, TX, topping out at $19,509,800.00 and the cheapest home in Hico, TX, clocking in at $20,918.00. In other words, there’s something for every potential homebuyer or savvy investor in Hico, TX!

Rent Prices In Hico, TX

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hico, TX, is on a rollercoaster ride. The average rent price in Hico, TX, is $1,221.00. Indeed, when looking to rent in Hico, TX, you can expect to pay as little as $470.00 or as much as $2,540.00, with the average rent median estimated to be $1,170.00. The good news is that finding an affordable and desirable property to rent in Hico, TX -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Hico, TX 76457 Foreclosures


Market Trend for Hico, TX

Total Listings Available: 8

Market Values:

Home Prices from $20,918 to $19,509,800

Average Sales Price: $373,117

Rental Values:

Rental from $470 to $2,540

Average Rent Value: $1,221 / month

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