Housing in Hillsboro, MO is a great deal when compared to the national median value. The median house value in Hillsboro, MO is $262,400 which is nearly $75,700 lower than the US median of $338,100. The one year house appreciation rate for Hillsboro, MO has been 10.38%, which is even higher than the US rate of 8.27%. This means that housing prices have gone up significantly over just one year and this trend is expected to continue. With such a great deal on housing and a high appreciation rate, now could be a great time to invest in property in Hillsboro, MO.
The median home cost in Hillsboro is $262,400. Home appreciation the last 10 years has been 70.0%. Home Appreciation in Hillsboro is up 15.0%.
Average Age of Homes
- The median age of Hillsboro real estate is 17 years old
The Rental Market in Hillsboro
- Renters make up 39.1% of the Hillsboro population
- 1.8% of houses and apartments in Hillsboro, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.