Hico, TX housing market
The typical Hico home is worth about $335,000, about the same as a year ago, 12% above the Texas typical home.
Home values, sales, trends and how Hico compares with the towns next door — updated as new data is published.
Hico at a glance
Typical home value, 2016–2026
Show as a table
| January | Hico | Texas |
|---|---|---|
| 2017 | $175,000 | $190,000 |
| 2018 | $186,000 | $202,000 |
| 2019 | $195,000 | $214,000 |
| 2020 | $208,000 | $223,000 |
| 2021 | $234,000 | $242,000 |
| 2022 | $301,000 | $286,000 |
| 2023 | $307,000 | $313,000 |
| 2024 | $313,000 | $311,000 |
| 2025 | $334,000 | $311,000 |
| 2026 | $337,000 | $303,000 |
| August 2026 | $335,000 | $299,000 |
19 new homes permitted in 2025
Builders were permitted 19 new homes in Hico in 2025, all single-family houses, worth about $5.6 million to build. That's 11 per 1,000 residents, faster than across Texas (8.1). Over the past 10 years, Hico has permitted 110 homes in all.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 9 | 9 | 0 | $2.3 million |
| 2025 | 19 | 19 | 0 | $5.6 million |
| 2024 | 16 | 14 | 2 | $1.6 million |
| 2023 | 15 | 13 | 2 | $1.5 million |
| 2022 | 16 | 14 | 2 | $1.6 million |
| 2021 | 15 | 13 | 2 | $1.5 million |
| 2020 | 12 | 12 | 0 | $1.2 million |
| 2019 | 3 | 3 | 0 | $240,000 |
| 2018 | 6 | 6 | 0 | $480,000 |
| 2017 | 3 | 3 | 0 | $240,000 |
| 2016 | 5 | 5 | 0 | $400,000 |
| 2015 | 4 | 4 | 0 | $366,000 |
| 2014 | 1 | 1 | 0 | $213,000 |
| 2013 | 0 | 0 | 0 | — |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
5 years of income
The typical Hico home costs about 5 years of the town's median household income, more than across Texas (3.8 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,210
HUD's Fair Market Rent for a two-bedroom in Hico is $1,210 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Hico pay a median of $767, so moving in tends to cost more than staying put. A two-bedroom takes about 22% of the town's median household income.
Studio $910 · 4 bedrooms $1,830
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (76457; Bosque County, TX HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Hico
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.