Market Overview
Home Prices in Hewitt, TX
The median home value in Hewitt, TX is $303,111 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.9% compared to a year ago and down 1.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Hewitt are priced26% below average. Hewitt is part of the Waco, TX metro area.
Over the past five years, Hewitt home values have risen by approximately21.1%, reflecting strong long-term appreciation in this market.
Price History
Hewitt Home Price Trend
City Comparison
Hewitt vs. National Median
At $303,111, homes in Hewitt cost 26% below the national median of $410,000. This makes Hewitt a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Hewitt?
20% Down Payment
$60,622
on $303,111
Monthly P&I
$1,581/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,008/mo
incl. taxes & insurance
Income Needed
$80,320
gross annual (30% rule)
10% Down Option
$30,311
+ PMI applies
Loan Amount (20% dn)
$242,489
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Hewitt, TX?
The median home value in Hewitt is $303,111 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.9% year-over-year.
How much have home prices changed in Hewitt?
Over the past year, home values in Hewitt have decreased by 0.9%. Over five years, prices have risen approximately 21.1%.
How much do I need to earn to buy a home in Hewitt?
To comfortably afford the median home price of $303,111 with a 20% down payment ($60,622) at today's rates (6.8%), you'd need a gross annual income of approximately $80,320. This assumes keeping total housing costs at or below 30% of gross income.
How does Hewitt compare to the national average home price?
The national median home value is approximately $410,000. At $303,111, homes in Hewitt are 26% below the national average.
What metro area is Hewitt part of?
Hewitt is part of the Waco, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.