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Foreclosure Homes in Hillsboro, IL 62049

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Hillsboro, IL Foreclosures

Current Market Conditions in in Hillsboro, IL As of January 2026?
In the past month, Hillsboro's real estate market has experienced modest activity, with several homes selling above the listing price due to competitive bidding among buyers. This trend indicates a growing interest in the area, as more families and individuals seek refuge from urban environments in the safety and tranquility of smaller towns like Hillsboro.
How much do homes sell for in Hillsboro, IL?
The average home price is currently $156,172.
In Hillsboro, IL, how many homes are available?
There are currently 6 active home listings available in Hillsboro.
What’s the average rental cost in Hillsboro, IL?
The average rental price in Hillsboro is $1,064.
What is the most expensive home in Hillsboro?
The most expensive home sold in Hillsboro had a price of $7,392,375.
What is currently the cheapest priced home in Hillsboro, IL?
The cheapest home for sale in Hillsboro is priced at $5,617.

Living in Hillsboro, IL

Hillsboro, Illinois is a quaint town with a rich history and a tight-knit community. Known for its beautiful natural surroundings and family-friendly atmosphere, Hillsboro offers a peaceful lifestyle with convenient access to outdoor activities. With a range of amenities and services, it is an ideal location for those seeking a quieter place to call home.

Buyer vs Seller Market in Hillsboro, IL

The real estate market in Hillsboro has continued to show steady growth, with an increase in home values over the past year. The demand for housing is bolstered by the town's affordability and appealing community spirit, making it an attractive option for buyers.

As of now, there is a good selection of homes available on the market, including options for first-time homebuyers and investors looking for rental properties. The market appears stable, with properties selling at a moderate pace. The variety of homes available reflects the diverse needs of potential residents.

Home Value Estimator For Hillsboro, IL

There are currently 2,920 real estate properties in Hillsboro, IL, with a median automated valuation model (AVM) price of $115,324.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Hillsboro, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Hillsboro, IL, is $156,172.00, with the most expensive house in Hillsboro, IL, topping out at $7,392,375.00 and the cheapest home in Hillsboro, IL, clocking in at $5,617.00. In other words, there’s something for every potential homebuyer or savvy investor in Hillsboro, IL!

Rent Prices In Hillsboro, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hillsboro, IL, is on a rollercoaster ride. The average rent price in Hillsboro, IL, is $1,064.00. Indeed, when looking to rent in Hillsboro, IL, you can expect to pay as little as $490.00 or as much as $1,890.00, with the average rent median estimated to be $1,030.00. The good news is that finding an affordable and desirable property to rent in Hillsboro, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Hillsboro, IL 62049 Foreclosures


Market Trend for Hillsboro, IL

Total Listings Available: 6

Market Values:

Home Prices from $5,617 to $7,392,375

Average Sales Price: $156,172

Rental Values:

Rental from $490 to $1,890

Average Rent Value: $1,064 / month

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