
Hillsborough
Hillsborough County is the economic engine of the Tampa Bay region — 1.57 million people, a diversified job base anchored by healthcare, financial services, and defense, and a housing market that has stabilized near $390K median after years of pandemic-era appreciation. Whether you are drawn to the walkable urban districts of South Tampa, the suburban family corridors of New Tampa and Westchase, or the rural acreage of Lithia and Wimauma, the county delivers a compelling range at tax rates roughly 30% below Pinellas County.
- Median price
- $390,000
- Tax rate
- 1.1%
- Days on market
- 48
- Cities covered
- 5
Fit check
Should you consider Hillsborough?
Hillsborough County sits on the eastern shore of Tampa Bay and spans roughly 1,020 square miles from the Hillsborough River through some of Florida's most productive agricultural land. Tampa, the county seat, has transformed over the past decade from a regional outpost into a nationally recognized destination for corporate relocations, professional sports, and arts investment. The 2021 Super Bowl and the Lightning's back-to-back Stanley Cup wins announced to the country what Tampa Bay residents already knew: this is a city on the move. The housing landscape mirrors that ambition. South Tampa neighborhoods like Hyde Park, Davis Islands, and Bayshore Beautiful trade at premiums that reflect walkability, architectural character, and proximity to downtown and the waterfront. Channelside and Water Street Tampa represent the newest urban tier — purpose-built mixed-use districts where condos, hotels, and office towers have risen on formerly industrial blocks adjacent to Amalie Arena. For buyers who want more square footage per dollar, the suburban arc stretching through Carrollwood, New Tampa, Wesley Chapel, and Riverview has absorbed years of demand with master-planned communities, A-rated schools, and direct access to I-75. Outside the urban core, Hillsborough County retains a distinctly Floridian agricultural character. Lithia and Wimauma still hold equestrian properties and working farms. Plant City — separate from the Tampa metro in feel if not in commute — bills itself as the Winter Strawberry Capital of the World and hosts the Florida Strawberry Festival each spring. This mix of urban sophistication and small-town Florida identity is unusual in a county this size. From an investment perspective, Hillsborough has been one of the most watched Florida markets since 2020. The combination of no state income tax, a lower cost of living than comparable metros, and significant infrastructure investment (the I-275/I-4 interchange, the Selmon Expressway, ongoing BRT development) has kept demand elevated even as mortgage rates increased. Active inventory is up roughly 18 percent year-over-year as of spring 2026, giving buyers meaningful negotiating room for the first time since 2019 — particularly in the $350K to $550K range that drives the bulk of transactions.
Cost to own
What buyers should budget for
- Property tax rate
- 1.1%
Market snapshot
How the county is moving
As of May 2026, the Hillsborough County median sale price is approximately $390,000 — essentially flat year-over-year after roughly 0.3% appreciation (source: Redfin county-level data, March 2026 snapshot). Homes are averaging 45 to 52 days on market, up from 38 days at the same point in 2025. Active inventory has grown to approximately 3.8 months of supply, the healthiest buyer-side conditions since pre-pandemic. New construction is a significant share of overall inventory, particularly in outer Hillsborough — Riverview, Brandon, Wimauma, and the Wesley Chapel corridor — where builders including D.R. Horton, Pulte, and Lennar are active with rate buydown incentives and closing cost assistance. South Tampa and Westchase remain seller-advantaged micro-markets with sub-30-day median days on market.
- Median sale price
- $390,000
- YoY price change
- 0.3%
- Days on market
- 48
- New construction
- 18%
As of 2026-05-21. Redfin county-level data March 2026; Tampa Bay market reports April 2026
Where to look
Cities in Hillsborough
Start with the city fit, then narrow into neighborhoods, schools, and new-construction options.

Lithia
Median $565,000
Lithia is southeastern Hillsborough County's nature-rich escape — master-planned Fishhawk Ranch, Lithia Springs Regional Park, and top-rated Newsome High School all in one family-forward community 18 miles from Tampa.

Lutz
Median $525,000
Lutz is an affluent unincorporated community 15 miles north of Tampa where golf-course estates, tree-lined lakes, and top-ranked public schools draw families who want suburban breathing room without leaving the Tampa Bay metro behind.

Tampa
Median $433,000
Tampa is Florida's third-largest city — a working port town turned Sun Belt boomtown where Bayshore Boulevard, Ybor City, and a $3.5B waterfront rebuild coexist in one dense, fast-changing metro.

Temple Terrace
Median $244,000
Temple Terrace is a planned riverfront city where 1920s Mediterranean architecture, live-oak canopy, and direct Hillsborough River access put nature five minutes from USF and Busch Gardens.

Wimauma
Median $364,000
A fast-growing agricultural community south of Tampa where new-construction subdivisions and strawberry farms sit side by side — Wimauma offers some of Hillsborough County's most affordable entry points into homeownership.
Neighborhoods
Neighborhoods in Hillsborough

Ballast Point
Tampa

Bayshore Beautiful
Tampa
Carrollwood
Tampa

Channelside
Tampa

Davis Islands
Tampa

Harbour Island
Tampa
Hyde Park
Tampa

Lutz
Lutz
New Tampa
Tampa
Seminole Heights
Tampa
South Tampa
Tampa

Tampa Heights
Tampa

Temple Terrace
Temple Terrace

Virginia Park
Tampa
Water Street Tampa
Tampa
Westchase
Tampa
Showing top 16 of 17 neighborhoods. See all →
Schools
Schools in Hillsborough
Always verify address-specific assignment before writing an offer.
| School | City | Level | Rating |
|---|---|---|---|
| Grady Elementary School Gifted & Talented, Florida A-rated school, Five Star School | Tampa | elementary | 10/10 |
| Roosevelt Elementary School Gifted & Talented, Full-day Kindergarten, PreKindergarten | Tampa | elementary | 10/10 |
| Coleman Middle School Gifted & Talented, Scholar Quest — Advanced Math (HS credit), Scholar Quest — Robotics & Gaming/Simulation (HS credit) | Tampa | middle | 10/10 |
| Gorrie Elementary School Gifted & Talented, Gorrie Strings Program (violin / instrumental), PAWS UP enrichment | Tampa | elementary | 10/10 |
| Wilson Middle School Gifted & Talented, Scholar Quest — Advanced Academics (HS credit), Robotics | Tampa | middle | 9/10 |
| Dale Mabry Elementary School Gifted & Talented, Visual Arts, Music & Performance | Tampa | elementary | 9/10 |
| Mabry Elementary School Gifted & Talented, Uniform policy (red, white, or navy + khaki) | Tampa | elementary | 9/10 |
| Henry B. Plant High School Advanced Placement (AP) — 33 courses, Cambridge AICE Diploma Programme, Gifted & Talented | Tampa | high | 8/10 |
| Mitchell Elementary School Gifted & Talented | Tampa | elementary | 8/10 |
| Plant High School Advanced Placement (AP) — 33 courses, Cambridge AICE Diploma Programme, Gifted & Talented | Tampa | high | 8/10 |
| Tampa Bay Technical High School Academy of Architecture & Environmental Design, Academy of Health Professions, Information Technology — Cybersecurity, Networking, Web Development | Tampa | high | 5/10 |
| George S. Middleton High School Engineering (Project Lead the Way), Biomedical Engineering / Biotechnology, Computer Game Design | Tampa | high | 4/10 |
| Hillsborough High School International Baccalaureate (IB) Diploma Programme, Advanced Placement (AP), JROTC (Army) | Tampa | high | 3/10 |
| Graham Elementary School Gifted & Talented, Title I support programs, Small-class enrichment | Tampa | elementary | 3/10 |
| Seminole Heights Elementary School Gifted & Talented, AVID College Readiness, Special Education / IEP Support | Tampa | elementary | 3/10 |
| Tampa Heights Elementary Magnet School Global Leadership Academy (magnet), Model United Nations, Odyssey of the Mind | Tampa | elementary | 3/10 |
Showing top 16 of 18 schools. See all →
New construction
Builder communities in Hillsborough
55+ living
55+ communities in Hillsborough
- Valencia del Sol
Wimauma
News and guides
Recent writing about Hillsborough

TAMPA BAY AREA MARKET STATISTICS
Hillsborough County Statistics

TAMPA BAY AREA MARKET STATISTICS
Hillsborough County Statistics

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FAQ
County questions
What cities are in Hillsborough County?
The major cities and communities in Hillsborough County include Tampa (the county seat), Temple Terrace, Plant City, and the unincorporated communities of Brandon, Riverview, New Tampa, Westchase, Carrollwood, Lutz, and Wimauma. Tampa is by far the largest, with roughly 420,000 residents.
What is Hillsborough County's property tax rate?
The effective property tax rate in Hillsborough County is approximately 1.05% of assessed value, though the combined millage rate varies by municipality. City of Tampa properties carry the highest millage (roughly 19.8 mills), while unincorporated areas run lower. Florida's homestead exemption reduces the assessed value by up to $50,000 for primary residences, and the Save Our Homes cap limits annual assessment increases to 3%.
How does Hillsborough County compare to Pinellas County for real estate?
Hillsborough is larger geographically and has more inventory and new construction options than Pinellas. Median home prices are similar — Hillsborough is near $390K, Pinellas roughly $400K — but Hillsborough offers more suburban and acreage options at lower price-per-square-foot. Pinellas is more coastal and has higher property insurance costs in flood-prone areas. Both counties are strong long-term markets; the choice typically comes down to lifestyle: urban Tampa Bay energy vs. beach-adjacent St. Pete.
Is Hillsborough County a good place to invest in real estate?
Hillsborough has been one of the top domestic migration destinations in the US since 2020. Population growth, major employer diversification (healthcare, finance, defense, tech), and ongoing infrastructure investment support long-term demand. The 2026 market shows more supply than 2021 to 2023, which creates better entry points for investors. Short-term rentals require county permitting and are regulated in certain municipalities; Airbnb-friendly areas include parts of unincorporated county near tourism corridors.
What are the best neighborhoods in Hillsborough County?
That depends on your priorities. For walkability and urban character: Hyde Park, Davis Islands, Channelside, and Water Street Tampa. For top-rated schools and suburban amenities: Westchase, New Tampa, and Carrollwood. For waterfront access: Ballast Point, Bayshore Beautiful, and Harbour Island. For value and land: Lithia, Wimauma, and outer Brandon. We are active across all of these — reach out and we will match your criteria.
Thinking about a home in Hillsborough?
I work across all of Hillsborough. Send your budget, commute, school, or lifestyle priorities and I'll help you narrow the map.
