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Condo Foreclosures in Hillsboro, IL

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Hillsboro, IL Foreclosures

Current Market Conditions in in Hillsboro, IL As of April 2026?
In the past month, Hillsboro has experienced a 5% increase in home prices as buyers are drawn to the area’s affordability compared to neighboring towns. Listings are being snapped up quicker, indicative of a competitive market. Open houses have garnered significant interest and many homes receive multiple offers, showcasing the desirability of this community. The market appears to be benefiting from low mortgage rates, encouraging more buyers to enter the market before prices escalate further.
How much do homes sell for in Hillsboro, IL?
The average home price is currently $153,947.
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 $7,265,118.
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, located in the heart of Illinois, is a picturesque small town with a friendly community atmosphere. The town offers various local amenities, parks, and schools, making it an ideal location for families and individuals seeking a quieter lifestyle. With reliable transportation links and nearby outdoor activities, Hillsboro provides a blend of peaceful living with essential conveniences.

Buyer vs Seller Market in Hillsboro, IL

The real estate market in Hillsboro currently shows a favorable trend for homebuyers. Inventory levels are relatively stable, and there has been a steady demand for single-family homes, especially among first-time buyers.

Over the last few months, homes in Hillsboro have seen moderate price increases due to the town's growing appeal as a rural retreat for those seeking to escape larger urban centers.

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 $115,226.00. 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 $153,947.00, with the most expensive house in Hillsboro, IL, topping out at $7,265,118.00 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 Condos

Market Trend for Hillsboro, IL

Total Listings Available: 0

Market Values:

Home Prices from $5,617 to $7,265,118

Average Sales Price: $153,947

Rental Values:

Rental from $490 to $1,890

Average Rent Value: $1,064 / month

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