Hewitt, TX—76643
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hewitt, TX
As of Oct '25, the median home price in Hewitt, TX is $295,000, with a year-over-year change of -1.1%. This indicates that home prices in Hewitt, TX are decreasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $295,000 | -1.1% |
| Single Family | $295,000 | -1.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $212,000 | 0.0% |
3 Bed | $274,000 | -0.7% |
4 Bed | $372,000 | 0.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Hewitt, TX
As of July '25, Rentcast reports the average rent in Hewitt, TX is $1,830, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in Hewitt, TX is 1-bedrooms: $1,240, 2-bedrooms: $1,390, 3-bedrooms: $1,960, 4-bedrooms: $2,660. The most common rental property sizes in Hewitt, TX are 3-bedroom and 2-bedroom, accounting for 41.7% and 37.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,780 | $1,830 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,300 | $1,240 |
| 2 Bed Rent | $1,200 | $1,390 |
| 3 Bed Rent | $1,900 | $1,960 |
| 4 Bed Rent | $2,280 | $2,660 |
% of Rental Stock
Property Listings — Hewitt, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Hewitt, TX is 77. This is a increase of 16.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $344,000 | -4.0% |
Listing Count | 86 | 24.0% |
| Listings as % of Homes | 0.7% | 24.0% |
Days on Market | 77 | 16.0% |
Demographics — Hewitt, TX
As of the latest ACS Survey released in 2023, Hewitt, TX has a population of 16,200, which has increased by 13.2% over the past 5 years. Hewitt, TX is a moderately popular place for families, as children make up 24.8% of the population. The area has a moderately educated workforce, with 37.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 16,200 | 13.2% |
% Under 18 | 24.8% | 9.3% |
% Seniors | 17.8% | 19.5% |
% WFH | 8.1% | 52.8% |
% w/ College Degree | 37.0% | 13.5% |
As of the latest ACS Survey released in 2023, Hewitt, TX is a predominantly white area, with 67.1% of the population identifying as white. The white population has shrunk by 6.2% in the last 5 years. The second most common race or ethnicity in Hewitt, TX is hispanic, making up 21.0% of the population. Foreign-born residents account for 4.1% of the population in Hewitt, TX, and this percentage has decreased by 10.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 67.1% | -6.2% |
% Black | 7.4% | 29.8% |
% Hispanic | 21.0% | 14.1% |
% Asian | 3.0% | 0.0% |
% Foreign Born | 4.1% | -10.9% |
Mortgage and Risk — Hewitt, TX
According to HUD data as of 2023, there were 550 mortgage originations in Hewitt, TX, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 80.0%, with 45.0% above 90% LTV (very high). This implies large mortgage risk in Hewitt, TX. Investor activity is low, as 3.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 550 |
% Conventional Loans | 64.0% |
% Government Loans | 36.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Hewitt, TX
As of 2024, the percent of homes in Hewitt, TX under the Section 8 program is 1.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Hewitt, TX, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 37 |
Total Units Section 8 | 37 |
% Rentals under Section 8 | 1.6% |
% Occupied Section 8 | 84.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $150 | $1,300 | $1,450 |
| 2 Bedroom | $600 | $1,200 | $1,800 |
| 3 Bedroom | $420 | $1,900 | $2,320 |
| 4 Bedroom | $110 | $2,280 | $2,390 |
Affordability — Hewitt, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $295,000 |
| Median Household Income | $83,800 |