Hillsboro, OH 45133 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Hillsboro, OH—45133

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$202,000

5.8% YoY Growth

Household Income

$58,800

42.1% YoY Growth

Days on Market

56

24.0% Shorter YoY

Home Price Forecast

N/A

Median Rent

$895

18.6% YoY Growth

1-Bed Rent

$760

17.8% YoY Growth

2-Bed Rent

$895

3.4% YoY Growth

3-Bed Rent

$1,300

34.5% YoY Growth

Home Price Trends — Hillsboro, OH

Hillsboro, OH lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$202,000	5.8%
Single Family	$203,000	5.7%
Condos	$176,000	15.8%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	$118,000	3.5%

Rental Trends — Hillsboro, OH

As of July '25, Rentcast reports the average rent in Hillsboro, OH is $1,050, with a year-over-year rent change of 18.6%. Per bedroom, the median rent as of July '25 in Hillsboro, OH is studios: $645, 1-bedrooms: $740, 2-bedrooms: $908, 3-bedrooms: $1,560, 4-bedrooms: $1,350. The most common rental property sizes in Hillsboro, OH are 2-bedroom and 3-bedroom, accounting for 41.2% and 30.1% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$895	$1,050
Studio Rent	$645	$645
1 Bed Rent	$760	$740
2 Bed Rent	$895	$908
3 Bed Rent	$1,300	$1,560
4 Bed Rent	$1,350	$1,350

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% of Rental Stock

Studio

2.3%

1 Bedroom

20.9%

2 Bedrooms

41.2%

3 Bedrooms

30.1%

4 Bedrooms

5.0%

5+ Bedrooms

0.6%

Property Listings — Hillsboro, OH

As of Dec '25, Realtor.com reports that the median days on market for a home in Hillsboro, OH is 47. This is a decrease of -3.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$255,000	14.0%
Listing Count	87	-18.0%
Listings as % of Homes	0.4%	-18.0%
Days on Market	56	-24.0%

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Demographics — Hillsboro, OH

As of the latest ACS Survey released in 2023, Hillsboro, OH has a population of 23,600, which has remained stable by -0.7% over the past 5 years. Hillsboro, OH is a moderately popular place for families, as children make up 24.4% of the population. The area has a poorly educated workforce, with 15.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	23,600	-0.7%
% Under 18	24.4%	0.4%
% Seniors	21.1%	7.1%
% WFH	7.3%	55.3%
% w/ College Degree	15.7%	12.9%

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As of the latest ACS Survey released in 2023, Hillsboro, OH is a predominantly white area, with 94.1% of the population identifying as white. The white population has shrunk by 1.6% in the last 5 years. The second most common race or ethnicity in Hillsboro, OH is hispanic, making up 1.4% of the population. Foreign-born residents account for 0.7% of the population in Hillsboro, OH, and this percentage has decreased by 22.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	94.1%	-1.6%
% Black	1.3%	-7.1%
% Hispanic	1.4%	40.0%
% Asian	0.0%	-100.0%
% Foreign Born	0.7%	-22.2%

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Mortgage and Risk — Hillsboro, OH

According to HUD data as of 2023, there were 355 mortgage originations in Hillsboro, OH, of which 69.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Hillsboro, OH. Investor activity is low, as 2.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	355
% Conventional Loans	69.0%
% Government Loans	31.0%
% Investor Loans	2.0%
% Second Loans	2.0%
% Cash Out Refinance	15.0%

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Rentals and Section 8 — Hillsboro, OH

As of 2024, the percent of homes in Hillsboro, OH under the Section 8 program is 11.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Hillsboro, OH, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 3-bedroom units do not.

Section 8 Market Size

Total Units under HUD	287
Total Units Section 8	287
% Rentals under Section 8	11.1%
% Occupied Section 8	84.1%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$10	$760	$750
2 Bedroom	-$15	$895	$880
3 Bedroom	-$230	$1,300	$1,070
4 Bedroom	$60	$1,350	$1,410

Hillsboro, OH—45133

Key Metrics at a Glance

Home Price Trends — Hillsboro, OH

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Hillsboro, OH

% of Rental Stock

Property Listings — Hillsboro, OH

Demographics — Hillsboro, OH

Race and Ethnicity

Mortgage and Risk — Hillsboro, OH

Mortgages

Rentals and Section 8 — Hillsboro, OH

Section 8 Market Size

Section 8 Opportunity

Affordability — Hillsboro, OH

Home Price to Income Ratio

Hillsboro, OH — ZIP Code Boundary Map

Nearby ZIP Codes

Leesburg, OH

New Vienna, OH

Dodsonville, OH

Winchester, OH

Sardinia, OH

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.8
Median Home Price	$202,000
Median Household Income	$58,800

Hillsboro, OH—45133

Key Metrics at a Glance

Home Price Trends — Hillsboro, OH

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Hillsboro, OH

% of Rental Stock

Property Listings — Hillsboro, OH

Demographics — Hillsboro, OH

Race and Ethnicity

Mortgage and Risk — Hillsboro, OH

Mortgages

Rentals and Section 8 — Hillsboro, OH

Section 8 Market Size

Section 8 Opportunity

Affordability — Hillsboro, OH

Home Price to Income Ratio

Hillsboro, OH — ZIP Code Boundary Map

Nearby ZIP Codes

Leesburg, OH

New Vienna, OH

Dodsonville, OH

Winchester, OH

Sardinia, OH

Frequently Asked Questions

What is the average home price in Hillsboro, OH 45133?

How have home prices in Hillsboro, OH 45133 changed over the past year?

What is the home price projection for Hillsboro, OH 45133?

What are the demographics of Hillsboro, OH 45133?

How long does it take homes to sell in Hillsboro, OH 45133?

What is the average rent price in Hillsboro, OH 45133?