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Foreclosures in Hico, TX 76457

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Living in Hico, TX

Hico, Texas, is a quaint small town known for its welcoming community, historical charm, and vibrant local culture. It offers a peaceful lifestyle with access to food and leisure activities, as well as outdoor adventures. Hico combines Southern hospitality with a sense of community, making it an ideal place to call home.

Current Market Conditions in Hico, TX

The current real estate market in Hico, TX, shows signs of steady growth, with a rise in demand for homes as more people seek the tranquility of small-town living. The prices have remained relatively affordable compared to larger urban areas, making real estate an attractive investment choice. The community continues to grow, drawing interest from homebuyers looking for space and conviviality.

Homes in Hico have experienced a moderate price increase over the past year, with many buyers attracted by its affordability and tight-knit community vibe. The market remains competitive, with properties in desirable locations selling quickly. This trend is expected to continue as more families and retirees discover what Hico has to offer.

Home Value Estimator For Hico, TX

There are currently 1,509 real estate properties in Hico, TX, with a median automated valuation model (AVM) price of $243,470.00. 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 $342,726.00, with the most expensive house in Hico, TX, topping out at $17,910,000.00 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 $1,222.00. 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


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