Hill County, Texas Housing Market

In Hill County, Texas, the median home value is $179,200, with a median monthly rent of $946. This places Hill County at #1648 nationally out of 3134 counties by median home value, and #106 within Texas.

Median Home Value $179,200
Median Rent $946/mo
Owner Occupancy 78.2%
Price/Rent Ratio 15.8

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Hill County rose +3.3% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

9,567
jobs (private sector)
  • Avg weekly wage: $1,149
  • Establishments: 742
  • BLS QCEW, 2025
🏗️

Housing Supply

68
new units authorized (2025)
  • Single-family: 68
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+1040
net migration (filers, 2021-2022)
  • Inflow: 14,355 (avg $66,115)
  • Outflow: 13,315 (avg $66,046)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 2 active ZIP codes in Hill County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 76645 357.9 +6.44% 2025
2 76691 366.3 +8.60% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Hill County Compares

MetricHill CountyTexas AverageU.S. Average
Median Home Value $179,200 $186,278 $227,706
Median Gross Rent $946 $997 $968
Owner Occupancy Rate 78.2% 73.2% 73.3%
Price/Rent Ratio 15.8 15.2 18.7

Market Analysis

The median home value in Hill County is 3.8% below the Texas state average and 21.3% below the U.S. national average. The median rent of $946/month is 5.1% below the state average.

With a price-to-rent ratio of 15.8, the buy-vs-rent decision in Hill County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.

Hill County has an owner-occupancy rate of 78.2%, compared to 73.2% in Texas and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Washington County Kentucky $179,200 $744
Pointe Coupee Parish Louisiana $179,300 $817
Otsego County New York $179,100 $987
Franklin County Georgia $179,000 $844
Bedford County Pennsylvania $179,000 $784

Other Counties in Texas

CountyMedian Home ValueMedian RentOwner Occ.
El Paso County $180,400 $1,079 64.2%
Harrison County $180,400 $974 76.9%
Liberty County $181,700 $1,044 82.3%
Madison County $176,200 $851 75.3%
Yoakum County $182,600 $973 66.8%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).