38Alpha

Hillsborough County, FL Housing Market Brief

county · FL · as of August 2026

Buyer's

What is Hillsborough County, FL’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
+3.037
Inventory Health25%
-13.740
Affordability20%
+0.827
Economic Strength20%
51
Rental Yield15%
+1.038

Where is Hillsborough County, FL in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Hillsborough County, FL is classified as Declining cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Hillsborough County, FL?

Our model forecasts Hillsborough County, FL’s home prices to rise about 1.7% over the next 12 months (high confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Hillsborough County, FL housing market data

MetricValueYoY
Median Sale Price$405K▲ +3.2%
Median Days on Market43 days▲ +4.9%
Months of Supply4.5▲ +7.1%
Homes for Sale7,538▲ +5.4%
Homes Sold1,732-1.9%
Median Price / Sq Ft$228▲ +2.9%

How has Hillsborough County, FL’s Alpha Score moved?

Now: 38
12-period trend
Median sale price · 12 mo

Markets like Hillsborough County, FL

Frequently asked questions

Is Hillsborough County, FL a buyer's or seller's market?

As of August 2026, Hillsborough County, FL is classified as a Buyer's Market, based on its Alpha Score of 38 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Hillsborough County, FL?

The median sale price in Hillsborough County, FL is $405K, having risen 3.2% over the past year.

How affordable is Hillsborough County, FL?

Hillsborough County, FL scores 27 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Hillsborough County, FL's Alpha Score?

Hillsborough County, FL's strongest dimension is Economic Strength (51/100) and its weakest is Affordability (27/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Hillsborough County, FL? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.