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East Hillsborough News

Wednesday, November 27, 2024

Hillsborough County home prices rose in the first half of 2022

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The median sale price of a home sold in the first half of 2022 in Hillsborough County rose by $67,900 while total sales increased by 2.1%.

From January through June of 2022, there were 11,627 homes sold, with a median sale price of $349,900 - a 24.1% increase over the $282,000 median sale price for the same period of the previous year. There were 11,391 homes sold in Hillsborough County in the first 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 first half of 2022.

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

Jan. - June 2021July - Dec. 2021Jan. - June 2022$282000$282000$302400$302400$349900$349900

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