Hillcrest Heights, FL—33827
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hillcrest Heights, FL
As of Oct '25, the median home price in Hillcrest Heights, FL is $290,000, with a year-over-year change of -2.2%. This indicates that home prices in Hillcrest Heights, FL are decreasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $290,000 | -2.2% |
| Single Family | $292,000 | -2.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $203,000 | -7.3% |
3 Bed | $287,000 | -1.4% |
4 Bed | $421,000 | 0.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Hillcrest Heights, FL
As of July '25, Rentcast reports the average rent in Hillcrest Heights, FL is $2,120, with a year-over-year rent change of 18.4%. Per bedroom, the median rent as of July '25 in Hillcrest Heights, FL is 1-bedrooms: $1,300, 2-bedrooms: $2,000, 3-bedrooms: $2,010. The most common rental property sizes in Hillcrest Heights, FL are 2-bedroom and 3-bedroom, accounting for 44.4% and 41.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,900 | $2,120 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,300 | $1,300 |
| 2 Bed Rent | $1,900 | $2,000 |
| 3 Bed Rent | $1,650 | $2,010 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Hillcrest Heights, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Hillcrest Heights, FL is 103. This is a increase of 34.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $355,000 | 13.0% |
Listing Count | 20 | 8.0% |
| Listings as % of Homes | 1.2% | 8.0% |
Days on Market | 103 | 34.0% |
Demographics — Hillcrest Heights, FL
As of the latest ACS Survey released in 2023, Hillcrest Heights, FL has a population of 2,440, which has decreased by -16.8% over the past 5 years. Hillcrest Heights, FL is a moderately popular place for families, as children make up 17.8% of the population. The area has a poorly educated workforce, with 20.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,440 | -16.8% |
% Under 18 | 17.8% | -6.3% |
% Seniors | 22.4% | 16.7% |
% WFH | 4.7% | 38.2% |
% w/ College Degree | 20.4% | 3.0% |
As of the latest ACS Survey released in 2023, Hillcrest Heights, FL is a predominantly white area, with 79.7% of the population identifying as white. The white population has shrunk by 3.0% in the last 5 years. The second most common race or ethnicity in Hillcrest Heights, FL is black, making up 8.6% of the population. Foreign-born residents account for 6.4% of the population in Hillcrest Heights, FL, and this percentage has increased by 73.0% 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 | 79.7% | -3.0% |
% Black | 8.6% | -1.1% |
% Hispanic | 7.2% | -11.1% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 6.4% | 73.0% |
Mortgage and Risk — Hillcrest Heights, FL
According to HUD data as of 2023, there were 87 mortgage originations in Hillcrest Heights, FL, of which 59.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 45.0% above 90% LTV (very high). This implies large mortgage risk in Hillcrest Heights, FL. Investor activity is low, as 2.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 87 |
% Conventional Loans | 59.0% |
% Government Loans | 41.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Hillcrest Heights, FL
Hillcrest Heights, FL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $180 | $1,300 | $1,480 |
| 2 Bedroom | -$90 | $1,900 | $1,810 |
| 3 Bedroom | $780 | $1,650 | $2,430 |
| 4 Bedroom | N/A | N/A | $3,040 |
Affordability — Hillcrest Heights, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.9 |
| Median Home Price | $290,000 |
| Median Household Income | $59,800 |