Hillsboro, IA has a median housing value of $107,700, which is substantially lower than the United States median housing value of $338,100. This lower cost of living makes Hillsboro an attractive place for those looking to purchase a home. The US house appreciation rate of 8.27% over the past year is also very encouraging - and in Hillsboro this appreciation rate has been even higher at 11.61%. This strong appreciation rate suggests that now is a great time to invest in real estate in Hillsboro as it looks set to increase further in value in the coming years.
The median home cost in Hillsboro is $107,700. Home appreciation the last 10 years has been 63.9%. Home Appreciation in Hillsboro is up 15.1%.
Average Age of Homes
- The median age of Hillsboro real estate is 78 years old
The Rental Market in Hillsboro
- Renters make up 17.1% of the Hillsboro population
- 10.6% 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.