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Thursday, November 7, 2024

Hillsborough County home prices rose in 2022

Realestate4

The median sale price of a home sold in 2022 in Hillsborough County rose by $55,000 while total sales decreased by 14.5%.

From January through December of 2022, there were 19,926 homes sold, with a median sale price of $350,000 - an 18.6% increase over the $295,000 median sale price for the same period of the previous year. There were 23,308 homes sold in Hillsborough County in 2021.

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 2022.

The following histogram displays changes in median sales prices in Hillsborough County from January 2021 to December 2022.

20212022$295000$295000$350000$350000

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