Market Overview
Home Prices in Hillsboro, KY
The median home value in Hillsboro, KY is $197,340 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.8% compared to a year ago and up 9.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Hillsboro are priced52% below average.
Over the past five years, Hillsboro home values have risen by approximately54.8%, reflecting strong long-term appreciation in this market.
Price History
Hillsboro Home Price Trend
2020
$108,842
$109K
—
2021
$127,445
$127K
+17.1%
2022
$154,981
$155K
+21.6%
2023
$162,128
$162K
+4.6%
2024
$181,451
$181K
+11.9%
2025
$198,912
$199K
+9.6%
2026
$197,340
$197K
-0.8%
City Comparison
Hillsboro vs. National Median
🏠 Hillsboro
$197,340
National Median
$410,000
At $197,340, homes in Hillsboro cost 52% 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
$39,468
on $197,340
Monthly P&I
$1,029/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,307/mo
incl. taxes & insurance
Income Needed
$52,280
gross annual (30% rule)
10% Down Option
$19,734
+ PMI applies
Loan Amount (20% dn)
$157,872
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, KY?
The median home value in Hillsboro is $197,340 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.8% year-over-year.
How much have home prices changed in Hillsboro?
Over the past year, home values in Hillsboro have decreased by 0.8%. Over five years, prices have risen approximately 54.8%.
How much do I need to earn to buy a home in Hillsboro?
To comfortably afford the median home price of $197,340 with a 20% down payment ($39,468) at today's rates (6.8%), you'd need a gross annual income of approximately $52,280. 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 $197,340, homes in Hillsboro are 52% below the national average.