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Thursday, November 7, 2024

Hillsborough County home prices rose in Q1

Realestate3

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Adobe Stock

The median sale price of a home sold in the first quarter of 2023 in Hillsborough County rose by $15,000 while total sales decreased by 40.5%.

From January through March of 2023, there were 3,253 homes sold, with a median sale price of $345,000 - a 4.5% increase over the $330,000 median sale price for the same period of the previous year. There were 5,470 homes sold in Hillsborough County in the first quarter of 2022.

The median sales tax in Hillsborough County for the most recent year with available data, 2018, was $2,149 approximately 0.6% of the median home sale price for the first quarter of 2023.

The following histogram displays changes in median sales prices in Hillsborough County from January 2022 to March 2023.

Q1 2022Q2 2022Q3 2022Q4 2022Q1 2023$330000$330000$361900$361900$362000$362000$345000$345000$345000$345000

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