76457 Home Values

Hico sits in Hamilton County's rolling terrain where limestone bluffs and Bosque River frontage give the area a genuine Hill Country feel. The housing stock ranges from restored Victorian-era homes near the town square to custom builds on ten-to-forty-acre tracts. Manufactured homes on acreage fill the entry-level tier.

Closed sales in 76457 priced at roughly $206 per square foot in recent months, directionally suggesting stable per-foot valuations despite softer median prices. Based on MLS data for recent closings in 76457, sellers gave back about three cents on the dollar on average, with roughly one in five transactions including concessions. Nearly a third of closings settled below list price, and the typical home spent approximately 68 days from contract to closing. Year-over-year, sale prices held a narrow gain of just over two percent, though 22 closings over the trailing period means these readings are best interpreted directionally.

The forward picture in 76457 shows a notable supply overhang — roughly 11 months of inventory relative to recent absorption. Only 6 pending contracts sit against 82 active listings, a ratio that directionally suggests buyer activity has slowed considerably. New listing additions over the trailing three months totaled 43, outpacing pending activity by a wide margin. The extended time homes are spending before closing further reinforces a pipeline that is building faster than it is clearing.