Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 7,752, 2,712 total housing units (homes and apartments), and a median house value of $272,021, Hitchcock real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in Hitchcock, accounting for 75.17% of the city's housing units. Other types of housing that are prevalent in Hitchcock include large apartment complexes or high rise apartments ( 8.83%), mobile homes or trailers ( 7.58%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.81%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Hitchcock. Owner-occupied housing accounts for 67.90% of Hitchcock's homes, and 68.79% have either three or four bedrooms, which is average sized relative to America.
Hitchcock homes and real estate are some of the newest in America. 38.36% of Hitchcock's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Hitchcock real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 32.52%), and between 1940-1969 ( 24.50%). There's also some housing in Hitchcock built before 1939 ( 4.63%).
Real estate appreciation rates in Hitchcock's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.69% during the period.
Over the last year, Hitchcock appreciation rates have trailed the rest of the nation. In the last twelve months, Hitchcock's appreciation rate has been 0.00%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Hitchcock were at 0.54%, which equates to an annual appreciation rate of 2.17%.
Relative to Texas, our data show that Hitchcock's latest annual appreciation rate is lower than 70% of the other cities and towns in Texas.
$272,021
for Texas
for nation
2,712
$1,841 / per month