The story of this market
The typical home in ZIP 76457 sells for about $325,000, or $168 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 82 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,250 a month.
ZIP 76457 — Hico
The housing market in 76457 remains stable, characterized by low inventory and moderate price growth consistent with rural Texas trends. Demand is driven by local residents and those seeking a lower cost of living, with limited new construction activity. The market is currently balanced, reflecting steady, non-speculative conditions.
This ZIP is best suited for families and individuals seeking a quiet, rural lifestyle with a lower cost of living compared to the DFW metroplex.
Median prices moved up 2.1% year over year.
Homes spend a median of 82 days on market with 4.0 months of supply — a balanced-paced market.
13% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 13.1% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 9.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 76457
The area is primarily served by Hico ISD, which maintains a small-town educational environment with limited extracurricular variety compared to larger urban districts.
The region faces moderate wildfire risk typical of rural central Texas and is subject to standard wind and hail insurance considerations.
Economic momentum is driven by local agriculture, small-scale tourism, and proximity to the Stephenville micro-area, with limited large-scale industrial development.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Texas) — Senior (65+) and Disabled Homestead Exemption and School Tax Ceiling: Grants an additional mandatory $10,000 exemption from ISD appraised value (Taxable Value_ISD = Appraised Value - $100,000 - $10,000) and establishes an absolute statutory tax freeze (school tax ceiling): total ISD property taxes cannot exceed the dollar ceiling established in the… State (Texas) — General Residence Homestead Exemption and 10% Valuation Growth Cap: Imposes mandatory state-level valuation deductions and growth limitations on the qualifying homestead: (1) Mandates a $100,000 deduction from appraised value for independent school district (ISD) maintenance and operations/debt taxation: Taxable Value_ISD = Appraised Value - $100… State (Texas) — Ad Valorem Real Property Taxation and Assessment Ratio: Mandates ad valorem appraisal of all real property at 100% of fair market value as of January 1 each tax year (Assessment Ratio = 1.00).
Commuting is primarily car-dependent, with residents traveling to Stephenville or larger regional hubs via state highways.
Local amenities include historic downtown Hico, small community parks, and proximity to rural outdoor recreation areas.
The rental market is characterized by low inventory and steady demand from local workers, with limited institutional investor presence.
The economy is anchored by agriculture, local retail, and services, with many residents commuting to the nearby Stephenville micro-area for employment.
Development is primarily focused on small-scale residential infill and local business expansion.
Parcels are subject to Hico ISD and Hamilton County tax levies, with minimal special district overlays.
Property insurance premiums are influenced by regional weather patterns, including hail and wind exposure common in central Texas.
Data retrieved from Census Reporter profile for ZCTA 76457.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Community park providing local green space and recreational facilities.
Features local boutiques, cafes, and historic architecture serving as a regional anchor.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.