Hillsboro, MO—63050
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Hillsboro, MO
As of Oct '25, the median home price in Hillsboro, MO is $303,000, with a year-over-year change of 2.4%. This indicates that home prices in Hillsboro, MO are increasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $303,000 | 2.4% |
| Single Family | $304,000 | 2.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $218,000 | 4.3% |
3 Bed | $301,000 | 2.4% |
4 Bed | $381,000 | 3.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Hillsboro, MO
As of July '25, Rentcast reports the average rent in Hillsboro, MO is $1,600, with a year-over-year rent change of 72.4%. Per bedroom, the median rent as of July '25 in Hillsboro, MO is 2-bedrooms: $998, 3-bedrooms: $2,000. The most common rental property sizes in Hillsboro, MO are 3-bedroom and 2-bedroom, accounting for 47.1% and 37.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,950 | $1,600 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $900 | $998 |
| 3 Bed Rent | $2,030 | $2,000 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Hillsboro, MO
As of Oct '25, Realtor.com reports that the median days on market for a home in Hillsboro, MO is 40. This is a decrease of -11.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $379,000 | -14.0% |
Listing Count | 96 | 87.0% |
| Listings as % of Homes | 0.4% | 87.0% |
Days on Market | 40 | -11.0% |
Demographics — Hillsboro, MO
As of the latest ACS Survey released in 2023, Hillsboro, MO has a population of 17,700, which has increased by 10.9% over the past 5 years. Hillsboro, MO is a moderately popular place for families, as children make up 23.5% of the population. The area has a poorly educated workforce, with 20.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 17,700 | 10.9% |
% Under 18 | 23.5% | 6.8% |
% Seniors | 18.0% | 17.6% |
% WFH | 9.1% | 68.5% |
% w/ College Degree | 20.2% | 26.2% |
As of the latest ACS Survey released in 2023, Hillsboro, MO is a predominantly white area, with 90.4% of the population identifying as white. The white population has shrunk by 5.2% in the last 5 years. The second most common race or ethnicity in Hillsboro, MO is hispanic, making up 2.5% of the population. Foreign-born residents account for 1.2% of the population in Hillsboro, MO, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 90.4% | -5.2% |
% Black | 0.4% | -42.9% |
% Hispanic | 2.5% | 0.0% |
% Asian | 0.5% | 150.0% |
% Foreign Born | 1.2% | 0.0% |
Mortgage and Risk — Hillsboro, MO
According to HUD data as of 2023, there were 455 mortgage originations in Hillsboro, MO, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Hillsboro, MO. Investor activity is low, as 2.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 455 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Hillsboro, MO
Hillsboro, MO lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 20 |
Total Units Section 8 | 20 |
% Rentals under Section 8 | 1.8% |
% Occupied Section 8 | 73.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $880 |
| 2 Bedroom | $190 | $900 | $1,090 |
| 3 Bedroom | -$620 | $2,030 | $1,410 |
| 4 Bedroom | N/A | N/A | $1,640 |
Affordability — Hillsboro, MO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $303,000 |
| Median Household Income | $79,500 |