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📍 Hillsboro, IA · Zillow ZHVI · July 2026

Average Home Price in
Hillsboro, IA

Fort Madison-Keokuk, IA-IL-MO metro area · Van Buren County County

Median Home Value
$200,096
↑ 9.5% year-over-year
vs. National Median
$410,000
Hillsboro is 51% below
Est. Monthly Payment
$1,044/mo
20% down · 6.8% rate
Income Needed
$53K
gross annual (30% rule)
Median Home Value
$200,096
↑ 9.5% year-over-year
Down Payment (20%)$40,019
Monthly P&I$1,044/mo
With Taxes & Ins.~$1,326/mo
Income Needed$53,040/yr
Data SourceZillow ZHVI
Market Overview

Home Prices in Hillsboro, IA

The median home value in Hillsboro, IA is $200,096 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 9.5% compared to a year ago and up 2% from two years prior.

Compared to the U.S. national median of $410,000, homes in Hillsboro are priced51% below average. Hillsboro is part of the Fort Madison-Keokuk, IA-IL-MO metro area.

City Comparison

Hillsboro vs. National Median

🏠 Hillsboro
$200,096
National Median
$410,000

At $200,096, homes in Hillsboro cost 51% below the national median of $410,000. This makes Hillsboro a relatively affordable market for buyers seeking value.

Affordability

What Does It Cost to Buy in Hillsboro?

20% Down Payment
$40,019
on $200,096
Monthly P&I
$1,044/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,326/mo
incl. taxes & insurance
Income Needed
$53,040
gross annual (30% rule)
10% Down Option
$20,010
+ PMI applies
Loan Amount (20% dn)
$160,077
at current rates

Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.

FAQ

Frequently Asked Questions

What is the average home price in Hillsboro, IA?
The median home value in Hillsboro is $200,096 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 9.5% year-over-year.
How much have home prices changed in Hillsboro?
Over the past year, home values in Hillsboro have increased by 9.5%.
How much do I need to earn to buy a home in Hillsboro?
To comfortably afford the median home price of $200,096 with a 20% down payment ($40,019) at today's rates (6.8%), you'd need a gross annual income of approximately $53,040. This assumes keeping total housing costs at or below 30% of gross income.
How does Hillsboro compare to the national average home price?
The national median home value is approximately $410,000. At $200,096, homes in Hillsboro are 51% below the national average.
What metro area is Hillsboro part of?
Hillsboro is part of the Fort Madison-Keokuk, IA-IL-MO metropolitan area. Home prices and market conditions can vary across the broader metro region.