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Sunday, November 24, 2024

The first quarter of 2019: Home prices in Hillsboro increased

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The median sale price of a home sold in the first quarter of 2019 in Hillsboro rose by $1,250 while total sales decreased by 10%, according to BlockShopper.com.

From January through March of 2019, there were nine homes sold, with a median sale price of $133,250 - a 0.9% increase over the $132,000 median sale price for the same period of the previous year. There were 10 homes sold in Hillsboro in the first quarter of 2018.

The median sales tax in Hillsboro for 2019 was $1,751. In 2018, the median sales tax was $1,595. This marks an increase of 9.8%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 1.3%.

The following table compares Hillsboro to other Montgomery County cities in the first quarter of 2019:

CityJan. - Mar. 2019 Home SalesJan. - Mar. 2018 Home Sales% change (Total Home Sales)Jan. - Mar. 2019 Median Sales PriceJan. - Mar. 2018 Median Sales Price% change (Median Sales Price)
Coalton12-50%$255,000$62,000311.3%
Hillsboro910-10%$133,250$132,0000.9%
Nokomis15-80%$85,000$37,000129.7%
Fillmore220%$51,687.50$49,8003.8%
Coffeen27-71.4%$13,500$32,500-58.5%
Farmersville02-100%$0$75,000-100%
Raymond00-$0$0-
Taylor Springs00-$0$0-

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