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East Hillsborough News

Saturday, April 19, 2025

Home prices in Hillsborough County increased in 2024

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Cindy Stuart, Clerk of Hillsborough County | https://www.hillsclerk.com/

Cindy Stuart, Clerk of Hillsborough County | https://www.hillsclerk.com/

The median sale price of a home sold in 2024 in Hillsborough County rose by $16,465, while total sales decreased by 6.9%, according to BlockShopper.com.

Throughout 2024, 12,968 homes were sold in the county, with a median sale price of $376,465. This is a 4.6% increase over the $360,000 median sale price during the same period in 2023, when there were 13,934 homes sold.

The U.S. housing market has surged in recent years, with its total value approaching $50 trillion in 2024—nearly five times its value in 2000.

“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.

The following histogram displays changes in median sales prices in Hillsborough County from January 2023 to December 2024.

20232024$360,000$360,000$376,465$376,465

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