Cedar Hill, Texas Housing Market Prices
Cedar Hill Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 43% above the Texas median$370,510
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Median rent 39% above the Texas median$1,949
Housing Market Overview
| Metric | Cedar Hill | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $370,510 | $258,873 | $248,835 |
| Price Trend (Annual %) | 24.0% | 9.2% | 7.5% |
| Median Gross Rent | $1,949 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 5.9% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Cedar Hill is about 43% higher than in Texas. Rent is about 39% higher than the Texas average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Cedar Hill, up about 24.0% and 5.9% a year respectively. Home prices are changing faster.
Median rent in Cedar Hill rose about 67.1% between 2015 and 2024, from $1,166 to $1,949. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 3.8 yearly household incomes in Cedar Hill.
Buying the median-priced home in Cedar Hill costs roughly 15.8 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Cedar Hill. The price-to-rent ratio in Texas is about 15.4.
| Metric | Cedar Hill | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $370,510 | $258,873 | $248,835 |
| Median Household Income | $96,884 | $78,939 | $80,455 |
| Price-to-Income Ratio | 3.8 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Cedar Hill rose about 126.2%, while median household income rose about 38.7% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Cedar Hill | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 67.7% | 56.7% | 58.5% |
| Rental Rate | 27.6% | 33.9% | 31.2% |
| Vacancy Rate | 4.7% | 9.4% | 10.2% |
| Median Tenure (years) | 14.0 | 14.0 | 15.0 |
| Median Year Moved In | 2012 | 2012 | 2011 |
Cedar Hill has a homeownership rate of 67.7%, higher than the Texas average of 56.7%. Its housing vacancy rate is 4.7%, compared with 9.4% in Texas.
Housing Stock
| Metric | Cedar Hill | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.91 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1995 | 1990 | 1978 |
| Median Number of Rooms | 6.2 | 5.4 | 5.5 |
The typical housing unit in Cedar Hill was built around 1995. On average, 2.9 people live in a home with about 6.2 rooms, staying for about 14.0 years on average.
Cedar Hill, TX Housing Compared With Nearby Cities
How Cedar Hill, TX compares with the 1 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Cedar Hill, TX | 48,306 | $370,510 #1/2 | $1,949 #2/2 | 71.1% #2/2 |
| Midlothian, TX | 34,352 | $294,022 | $1,971 | 80.5% |
Frequently Asked Questions
Common questions about the housing market in Cedar Hill, Texas.
What is the median home price in Cedar Hill, Texas?
The median home price in Cedar Hill, Texas is $370,510, higher than the Texas average of $258,873.
What is the average home price in Cedar Hill, Texas?
The typical home price in Cedar Hill, Texas, reported as the median sale price, is $370,510. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Cedar Hill, Texas?
The median gross rent in Cedar Hill, Texas is $1,949 per month, higher than the Texas average of $1,402.
What was the median gross rent in Cedar Hill in 2020?
In 2020, the median gross rent in Cedar Hill, Texas was $1,457 per month.
What is the price-to-rent ratio in Cedar Hill, Texas?
The price-to-rent ratio in Cedar Hill, Texas is about 15.8, meaning it would take roughly 15.8 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Cedar Hill.
Are home prices or rent rising faster in Cedar Hill, Texas?
Both home prices and rent are rising in Cedar Hill, up about 24.0% and 5.9% a year respectively. Home prices are changing faster.
What is the homeownership rate in Cedar Hill, Texas?
67.7% of households in Cedar Hill, Texas own their home, higher than the Texas average of 56.7%.
What is the vacancy rate in Cedar Hill, Texas?
The housing vacancy rate in Cedar Hill, Texas is 4.7%, lower than the Texas average of 9.4%.
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