Hillsboro, MO
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Hillsboro Neighborhoods Since 2000




Hillsboro, MO Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Hillsboro Housing Market Information

With 3,076 people, 963 houses or apartments, and a median cost of homes of $169,622, Hillsboro real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Hillsboro, accounting for 64.88% of the city's housing units. Other types of housing that are prevalent in Hillsboro include duplexes, homes converted to apartments or other small apartment buildings ( 15.52%), large apartment complexes or high rise apartments ( 12.94%), and a few mobile homes or trailers ( 6.67%).

The most prevalent building size and type in Hillsboro are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 53.38% owning and 46.62% renting.

Hillsboro homes and real estate are some of the newest in America. 47.46% of Hillsboro's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Hillsboro real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 32.04%), and between 1940-1969 ( 19.60%).

Hillsboro Home Appreciation Rates

Real estate appreciation rates in Hillsboro's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.69% during the period.

NeighborhoodScout's data show that during the latest twelve months, Hillsboro's appreciation rate, at 4.14%, has been at or slightly above the national average. In the latest quarter, Hillsboro's appreciation rate has been 1.03%, which annualizes to a rate of 4.19%.

Relative to Missouri, our data show that Hillsboro's latest annual appreciation rate is higher than 70% of the other cities and towns in Missouri.

Average Home Values

 

Median Home Value:
$169,622

Hillsboro, MO HOME PRICES

Value Range
> $1,098,000 0.3
$824,001 - $1,098,000 0.0
$549,001 - $824,000 0.6
$439,001 - $549,000 1.6
$329,001 - $439,000 9.6
$220,001 - $329,000 21.7
$110,001 - $220,000 44.0
$55,001 - $110,000 14.2
$0 - $55,000 7.9

High for MO
Average for Nation

Value Relative to Nation Value Relative to State
41.7731161373491 23.0

Number Of Homes And Apartments:
963

Hillsboro Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MO*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
23.65% 1.24% 3 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$830 / per month

Homeownership Rate

Homeownership
Owners 53.38
Renters 46.62
Vacant 4.18

Housing Market Details

 

Age of Homes

AGE OF Hillsboro HOMES
2000 or Newer 47.5
1970 - 1999 32.0
1940 - 1969 19.6
1939 or Older 0.9

Types of Homes

TYPE OF Hillsboro HOMES
Single-Family 64.9
Townhomes 0.0
Small Apt. Buildings 15.5
Apt. Complexes 12.9
Mobile Homes 6.7
Other 0.0

Home Size

SIZE OF Hillsboro HOMES
No Bedroom 4.28
1 Bedroom 4.98
2 Bedrooms 24.08
3 Bedrooms 54.13
4 Bedrooms 8.76
5 or more bedrooms 3.78