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Sunday, December 22, 2024

Hillsborough County home prices rose in the second half of 2022

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The median sale price of a home sold in the second half of 2022 in Hillsborough County rose by $52,600 while total sales decreased by 30.4%.

From July through December of 2022, there were 8,299 homes sold, with a median sale price of $355,000 - a 17.4% increase over the $302,400 median sale price for the same period of the previous year. There were 11,917 homes sold in Hillsborough County in the second half of 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 the second half of 2022.

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

July - Dec. 2021Jan. - June 2022July - Dec. 2022$302400$302400$349900$349900$355000$355000

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