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  4. /Hico, TX - 76457

Hico, TX—76457

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$358,000
0.0% YoY Growth
Household Income
$64,100
60.3% YoY Growth
Days on Market
104
0.0% Longer YoY
Home Price Forecast
N/A
Median Rent
$1,500
4.1% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$1,500
51.4% YoY Growth
3-Bed Rent
$1,750
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Hico, TX

Hico, TX lacks sufficient home price data for analysis.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$358,0000.0%
Single Family $357,0000.0%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
N/AN/A

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  • Affordability
  • Rentals and Section 8
    • 2 Bed
    N/A
    N/A
    3 Bed
    		$327,0000.6%
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    2.4%
    1 Bedroom
    8.5%
    2 Bedrooms
    21.6%
    3 Bedrooms
    49.1%
    4 Bedrooms
    13.0%
    5+ Bedrooms
    5.4%

    Rental Trends — Hico, TX

    As of July '25, Rentcast reports the average rent in Hico, TX is $2,030, with a year-over-year rent change of 4.1%. Per bedroom, the median rent as of July '25 in Hico, TX is 2-bedrooms: $2,120, 3-bedrooms: $1,750. The most common rental property sizes in Hico, TX are 3-bedroom and 1-bedroom, accounting for 40.4% and 29.1% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,500$2,030
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent $1,500$2,120
    3 Bed Rent $1,750$1,750
    4 Bed Rent N/AN/A
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    % of Rental Stock

    1 Bedroom
    29.1%
    2 Bedrooms
    20.2%
    3 Bedrooms
    40.4%
    4 Bedrooms
    10.2%

    Property Listings — Hico, TX

    As of May '26, Realtor.com reports that the median days on market for a home in Hico, TX is 104. This is a decrease of 0.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 11.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$299,000-20.0%
    Listing Count
    		35-11.0%
    Listings as % of Homes1.3%-11.0%
    Days on Market
    		1040.0%
    Loading chart...

    Demographics — Hico, TX

    As of the latest ACS Survey released in 2023, Hico, TX has a population of 4,450, which has increased by 18.2% over the past 5 years. Hico, TX is a moderately popular place for families, as children make up 23.4% of the population. The area has a poorly educated workforce, with 24.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.3% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		4,45018.2%
    % Under 18
    		23.4%3.1%
    % Seniors
    		21.5%-10.0%
    % WFH
    		13.3%259.5%
    % w/ College Degree
    		24.3%60.9%
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    As of the latest ACS Survey released in 2023, Hico, TX is a predominantly white area, with 79.0% of the population identifying as white. The white population has grown by 1.7% in the last 5 years. The second most common race or ethnicity in Hico, TX is hispanic, making up 17.5% of the population. Foreign-born residents account for 8.3% of the population in Hico, TX, and this percentage has increased by 1.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		79.0%1.7%
    % Black
    		2.3%360.0%
    % Hispanic
    		17.5%-8.9%
    % Asian
    		0.1%-66.7%
    % Foreign Born
    		8.3%1.2%
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    Mortgage and Risk — Hico, TX

    According to HUD data as of 2023, there were 57 mortgage originations in Hico, TX, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in Hico, TX. Investor activity is low, as 4.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		57
    % Conventional Loans
    		82.0%
    % Government Loans
    		18.0%
    % Investor Loans
    		4.0%
    % Second Loans
    		9.0%
    % Cash Out Refinance
    		7.0%
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    Rentals and Section 8 — Hico, TX

    Hico, TX lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		50
    Total Units Section 8
    		0
    % Rentals under Section 8
    		N/A
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$840
    2 Bedroom-$390$1,500$1,110
    3 Bedroom-$300$1,750$1,450
    4 BedroomN/AN/A$1,710

    Affordability — Hico, TX

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio5.1
    Median Home Price$358,000
    Median Household Income$64,100

    Hico, TX — ZIP Code Boundary Map

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    Frequently Asked Questions