Hillsboro, MO
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Hillsboro Neighborhoods Since 2000




Hillsboro, MO Real Estate Data


Hillsboro Housing Market Information

With 3,076 people, 927 houses or apartments, and a median cost of homes of $188,465, Hillsboro real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Hillsboro, accounting for 65.79% 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 ( 15.21%), large apartment complexes or high rise apartments ( 12.35%), and a few mobile homes or trailers ( 6.65%).

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 52.97% owning and 47.03% renting.

Hillsboro homes and real estate are some of the newest in America. 40.44% 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 ( 38.44%), and between 1940-1969 ( 18.80%). There's also some housing in Hillsboro built before 1939 ( 2.32%).

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 -0.44% during the period.

Over the last year, Hillsboro appreciation rates have trailed the rest of the nation. In the last twelve months, Hillsboro's appreciation rate has been 3.94%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Hillsboro were at 1.28%, which equates to an annual appreciation rate of 5.23%.

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

Average Home Values

 

Median Home Value:
$188,465

Hillsboro, MO HOME PRICES

Value Range
> $1,107,000 0.4
$830,001 - $1,107,000 0.0
$553,001 - $830,000 0.8
$443,001 - $553,000 1.6
$333,001 - $443,000 10.1
$221,001 - $333,000 24.2
$111,001 - $221,000 40.4
$56,001 - $111,000 11.8
$0 - $56,000 10.7

Very High for MO
High for Nation

Value Relative to Nation Value Relative to State
36.3061427651227 16.2

Number Of Homes And Apartments:
927

Rent & Ownership

 

Average Market Rent:
$860 / per month

Homeownership Rate

Homeownership
Owners 52.97
Renters 47.03
Vacant 2.11

Housing Market Details

 

Age of Homes

AGE OF Hillsboro HOMES
2000 or Newer 40.4
1970 - 1999 38.4
1940 - 1969 18.8
1939 or Older 2.3

Types of Homes

TYPE OF Hillsboro HOMES
Single-Family 65.8
Townhomes 0.0
Small Apt. Buildings 15.2
Apt. Complexes 12.4
Mobile Homes 6.7
Other 0.0

Home Size

SIZE OF Hillsboro HOMES
No Bedroom 2.85
1 Bedroom 7.92
2 Bedrooms 22.70
3 Bedrooms 56.49
4 Bedrooms 7.50
5 or more bedrooms 2.53

Hillsboro Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MO*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
26.32% 1.38% 3 3
* 10 is highest