Hillsborough County, FL Home Values & Market Trends

The median home price in Hillsborough County, FL is $394,420.05. There were 22,585 home sales in Hillsborough County, FL over the past 12 months. The median residential Hillsborough County, FL home value for transactions over the previous year is $362,267.125. The number of current listings in Hillsborough County, FL is 3,042, and the percentage of properties for sale is 3042.00%. The county has 4,277 foreclosures, 26 bank owned properties, 171 headed for auction, and 3,042 properties for sale.

Hillsborough County, FL Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Tampa

$ 432,307

$ 273/sqft

Plant City

$ 418,693

$ 208/sqft

Riverview

$ 417,795

$ 201/sqft

Odessa

$ 669,990

$ 280/sqft

Sun City Center

$ 304,658

$ 190/sqft

Lithia

$ 620,244

$ 235/sqft

Apollo Beach

$ 522,695

$ 239/sqft

Seffner

$ 409,320

$ 228/sqft

Ruskin

$ 365,000

$ 205/sqft

Gibsonton

$ 389,900

$ 194/sqft

Lutz

$ 569,900

$ 244/sqft

Dover

$ 667,071

$ 267/sqft

Brandon

$ 387,746

$ 217/sqft

Thonotosassa

$ 1,275,000

$ 278/sqft

Wimauma

$ 418,160

$ 214/sqft

Sun City

$ --

$ --

Valrico

$ 459,000

$ 226/sqft

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Housing Market Summary for Hillsborough County, FL

Apr 2023March 2024Change
Median Listing Price$418.4K$386.3K-7.68%
Median Sold Price$387K$386.3K-0.19%
Homes For Sale2,4142,94321.91%
Homes Sold13,27712,055-9.20%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Hillsborough County, FL

Hillsborough County, FL home values range from $20,098 to $51,808,097. Thonotosassa is the priciest city with a median listing home price of $780,955.5, and Sun City Center is most affordable with average house prices of around $302,000.

Foreclosure
There are 17 cities within Hillsborough County, FL; within these cities, the median estimated home value for homes in foreclosure ranges from $740,118 in Tampa to the lowest value of $33,108 in Tampa. Foreclosure homes account for 0.00% of properties in Hillsborough County, FL with Tampa containing 1808 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.92% of all residential properties in Hillsborough County, FL with Tampa containing 1704 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 17 cities within Hillsborough County, FL; of those cities, the estimated home value for pre-foreclosure homes ranges from $3,224,194 in Wimauma to the lowest home value of $33,108 in Tampa.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Hillsborough County, FL ranges from the highest value of $569,038 in Ruskin to the lowest value of $121,896 in Plant City. Bank owned homes and properties account for 0.01% of properties in Hillsborough County, FL. There are 17 cities within Hillsborough County, FL; Tampa containing 12 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Tampa has 92 auction properties, the highest number of properties going to auction in a single city in the state of Hillsborough County, FL. Auction homes and other auction properties account for 0.04% of all properties in Hillsborough County, FL. There are 17 cities within Hillsborough County, FL; of those cities, the median estimated home value for homes going to auction ranges from $2,000,000 in Apollo Beach to the lowest value of $126,988 in Apollo Beach.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.68% of residential properties in Hillsborough County, FL with Tampa containing 1291 homes for sale, the highest number of listed properties in a single city. There are 17 cities within Hillsborough County, FL; homes for sale in those cities, have a range of median values from $2,455,000 in Thonotosassa to the lowest value of $93,198 in Tampa.
    Sold Homes
    The median value for recently sold homes ranges from $2,355,863 in Valrico to the lowest price of $34,412 in Valrico. There are 17 cities within Hillsborough County, FL. Tampa has 6253 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.76% of properties in Hillsborough County, FL.

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      Guide for Hillsborough County, FL

      Market Reports
      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
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      Tallahassee’s Real Estate Market A in Review 2023-2024
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      Hialeah’s Real Estate Market Shows Growth; Property Values Surge from 2023-2024
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      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
      Market Reports|posted 10 April 2024

      The blog post discusses the fluctuating real estate market in Montgomery, Alabama, comparing its property values, cost per square foot, and market activity with neighboring cities, revealing the dynamic nature of regional real estate.

      Tallahassee’s Real Estate Market A in Review 2023-2024
      Fix and Flip|posted 10 April 2024

      An analysis of the Tallahassee real estate market from April 2023 to March 2024 shows fluctuating property values and sale prices, yet consistently strong market activity, indicating a healthy and dynamic property landscape.

      Hialeah’s Real Estate Market Shows Growth; Property Values Surge from 2023-2024
      Fix and Flip|posted 13 March 2024

      The Hialeah real estate market has displayed a significant upward trajectory from March 2023 to February 2024. This growth, accompanied by a strong demand and investor interest, highlights Hialeah’s economic stability and the persistent appeal of its real estate market, making it favorable for both homebuyers and investors.

      Jacksonville, FL: Real Estate Market Trends 2023
      Fix and Flip|posted 8 February 2024

      This blog post provides an in-depth analysis of the real estate market trends in Jacksonville, Florida and nearby areas based on key metrics such as average property values, sold prices per square foot, and property counts. The data reveals a dynamic marketplace with fluctuating property values and varying sold prices per square foot.