Hill County, Texas Housing Market Prices
Hill County 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 3% below the Texas median$251,103
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Median rent 33% below the Texas median$945
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Hill County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $251,103 | $258,873 | $248,835 |
| Price Trend (Annual %) | 16.7% | 9.2% | 7.5% |
| Median Gross Rent | $945 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 4.7% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Hill County is about 3% lower than in Texas. Rent is about 33% lower 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 Hill County, up about 16.7% and 4.7% a year respectively. Home prices are changing faster.
Median rent in Hill County rose about 45.2% between 2015 and 2024, from $651 to $945. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 3.9 yearly household incomes in Hill County.
Buying the median-priced home in Hill County costs roughly 22.1 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Hill County. The price-to-rent ratio in Texas is about 15.4.
| Metric | Hill County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $251,103 | $258,873 | $248,835 |
| Median Household Income | $64,197 | $78,939 | $80,455 |
| Price-to-Income Ratio | 3.9 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Hill County rose about 174.4%, while median household income rose about 61.9% 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 | Hill County | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 65.5% | 56.7% | 58.5% |
| Rental Rate | 18.3% | 33.9% | 31.2% |
| Vacancy Rate | 16.2% | 9.4% | 10.2% |
| Median Tenure (years) | 15.0 | 14.0 | 15.0 |
| Median Year Moved In | 2011 | 2012 | 2011 |
Hill County has a homeownership rate of 65.5%, higher than the Texas average of 56.7%. Its housing vacancy rate is 16.2%, compared with 9.4% in Texas.
Housing Stock
| Metric | Hill County | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.66 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1982 | 1990 | 1978 |
| Median Number of Rooms | 5.5 | 5.4 | 5.5 |
The typical housing unit in Hill County was built around 1982. On average, 2.7 people live in a home with about 5.5 rooms, staying for about 15.0 years on average.
Hill County, TX Housing Compared With Nearby Counties
Hill County, TX is the 5th largest of the 6 counties compared here, 37,328 residents against a local median of 195,591. The measure that sets Hill County, TX apart most is median rent: $945, 19% below the local median of $1,172.
The counties themselves spread $666 on median rent, so Hill County, TX sits at one end of an already wide local range rather than apart from it. Hill County, TX has the 5th highest median rent of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Hill County, TX | 37,328 | $251,103 #3/6 | $945 #5/6 | 78.2% #1/6 |
| McLennan County, TX | 265,889 | $230,522 | $1,172 | 61.8% |
| Johnson County, TX | 195,591 | $194,630 | $1,398 | 74.7% |
| Ellis County, TX | 213,271 | $299,277 | $1,594 | 75.8% |
| Bosque County, TX | 18,691 | $408,067 | $928 | 75.8% |
| Navarro County, TX | 54,711 | $218,589 | $1,076 | 69.4% |
Frequently Asked Questions
Common questions about the housing market in Hill County, Texas.
What is the median home price in Hill County, Texas?
The median home price in Hill County, Texas is $251,103, lower than the Texas average of $258,873.
What is the average home price in Hill County, Texas?
The typical home price in Hill County, Texas, reported as the median sale price, is $251,103. 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 Hill County, Texas?
The median gross rent in Hill County, Texas is $945 per month, lower than the Texas average of $1,402.
What was the median gross rent in Hill County in 2020?
In 2020, the median gross rent in Hill County, Texas was $757 per month.
What is the price-to-rent ratio in Hill County, Texas?
The price-to-rent ratio in Hill County, Texas is about 22.1, meaning it would take roughly 22.1 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Hill County.
Are home prices or rent rising faster in Hill County, Texas?
Both home prices and rent are rising in Hill County, up about 16.7% and 4.7% a year respectively. Home prices are changing faster.
What is the homeownership rate in Hill County, Texas?
65.5% of households in Hill County, Texas own their home, higher than the Texas average of 56.7%.
What is the vacancy rate in Hill County, Texas?
The housing vacancy rate in Hill County, Texas is 16.2%, higher than the Texas average of 9.4%.
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