Hillsborough County, Florida home prices
Typical home $375,501 · -0.9% in a year · property tax 0.81%
The typical home in Hillsborough County is worth $375,501, about the same as the Florida typical home ($375,361). Values changed -0.9% in the past year and +18.6% over five years. Homeowners here pay a median 0.81% of their home's value in property tax each year ($3,042 on the typical home), versus 0.8% statewide.
Mortgage on the typical Hillsborough County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $75,100 | $300,401 | $2,021 | $0 | $441 | $2,462 | $105,500 |
| 10% down | $37,550 | $337,951 | $2,273 | $141 | $441 | $2,856 | $122,400 |
| 5% down | $18,775 | $356,726 | $2,400 | $149 | $441 | $2,990 | $128,100 |
| 3.5% down (FHA) | $13,143 | $368,700 | $2,480 | $166 | $441 | $3,088 | $132,300 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.81% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Florida · part of the Tampa metro area.
Florida counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Saint Lucie County | $370,781 | -0.9% | 0.93% |
| Pinellas County | $368,917 | +0.2% | 0.7% |
| Indian River County | $363,705 | -0.9% | 0.69% |
| Sumter County | $387,784 | -0.5% | 0.78% |
| Lake County | $360,055 | -2.0% | 0.76% |
| Osceola County | $359,224 | -2.9% | 0.76% |
| Okaloosa County | $352,929 | +0.9% | 0.57% |
| Sarasota County | $399,023 | -1.7% | 0.75% |
| Santa Rosa County | $350,823 | +1.5% | 0.57% |
| Seminole County | $400,341 | -0.3% | 0.67% |
Frequently asked questions
What is the average home price in Hillsborough County, FL?
The typical home value in Hillsborough County is $375,501 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Hillsborough County?
About $105,500 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Hillsborough County?
The median effective rate is 0.81% of home value a year (Census ACS 2024 5-year estimates).