Hillsborough, FL County is an attractive housing market due to its high median value of $370,500, significantly higher than the US house median value of $338,100. Additionally, Hillsborough County has seen a year-over-year appreciation rate of 17.56%, which is nearly double the rate of 8.27% for the nation as a whole. With its higher value and stronger appreciation rate, many potential homeowners are turning their attention to Hillsborough County for their new homes.
The median home cost in Hillsborough County is $370,500. Home appreciation the last 10 years has been 191.4%. Home Appreciation in Hillsborough County is up 27.8%.
Average Age of Homes
- The median age of Hillsborough County real estate is 30 years old
The Rental Market in Hillsborough County
- Renters make up 35.7% of the Hillsborough County population
- 2.3% of houses and apartments in Hillsborough County, 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.