Hilliard, FL—32046
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hilliard, FL
As of Oct '25, the median home price in Hilliard, FL is $344,000, with a year-over-year change of -1.8%. This indicates that home prices in Hilliard, FL are decreasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $344,000 | -1.8% |
| Single Family | $344,000 | -2.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $245,000 | -2.0% |
3 Bed | $337,000 | -1.5% |
4 Bed | $481,000 | -1.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Hilliard, FL
As of July '25, Rentcast reports the average rent in Hilliard, FL is $1,420, with a year-over-year rent change of 14.5%. Per bedroom, the median rent as of July '25 in Hilliard, FL is 1-bedrooms: $1,010, 2-bedrooms: $1,350, 3-bedrooms: $1,900. The most common rental property sizes in Hilliard, FL are 3-bedroom and 2-bedroom, accounting for 41.4% and 40.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,350 | $1,420 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $875 | $1,010 |
| 2 Bed Rent | $1,350 | $1,350 |
| 3 Bed Rent | $1,650 | $1,900 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Hilliard, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Hilliard, FL is 95. This is a decrease of -16.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $499,000 | -7.0% |
Listing Count | 70 | -30.0% |
| Listings as % of Homes | 0.9% | -30.0% |
Days on Market | 95 | -16.0% |
Demographics — Hilliard, FL
As of the latest ACS Survey released in 2023, Hilliard, FL has a population of 11,300, which has increased by 19.4% over the past 5 years. Hilliard, FL is a moderately popular place for families, as children make up 25.0% of the population. The area has a poorly educated workforce, with 12.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 11,300 | 19.4% |
% Under 18 | 25.0% | 13.1% |
% Seniors | 16.4% | -4.7% |
% WFH | 10.6% | 135.6% |
% w/ College Degree | 12.5% | 60.3% |
As of the latest ACS Survey released in 2023, Hilliard, FL is a predominantly white area, with 89.3% of the population identifying as white. The white population has shrunk by 0.9% in the last 5 years. The second most common race or ethnicity in Hilliard, FL is black, making up 6.0% of the population. Foreign-born residents account for 0.8% of the population in Hilliard, FL, and this percentage has increased by 14.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 89.3% | -0.9% |
% Black | 6.0% | 46.3% |
% Hispanic | 2.0% | 0.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.8% | 14.3% |
Mortgage and Risk — Hilliard, FL
According to HUD data as of 2023, there were 237 mortgage originations in Hilliard, FL, of which 60.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Hilliard, FL. Investor activity is low, as 1.0% of loans were by investors. 22.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 237 |
% Conventional Loans | 60.0% |
% Government Loans | 40.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 22.0% |
Loan Activity
Rentals and Section 8 — Hilliard, FL
Hilliard, FL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 45 |
Total Units Section 8 | 45 |
% Rentals under Section 8 | 5.4% |
% Occupied Section 8 | 90.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $155 | $875 | $1,030 |
| 2 Bedroom | -$130 | $1,350 | $1,220 |
| 3 Bedroom | -$120 | $1,650 | $1,530 |
| 4 Bedroom | N/A | N/A | $1,930 |
Affordability — Hilliard, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.6 |
| Median Home Price | $344,000 |
| Median Household Income | $71,800 |