Preforeclosure Homes in Hillsboro, AL

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Home Value Estimator For Hillsboro, AL

There are currently 876 real estate properties in Hillsboro, AL, with a median automated valuation model (AVM) price of $169,912.00. 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, AL, 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, AL, is $207,835.00, with the most expensive house in Hillsboro, AL, topping out at $1,149,637.00 and the cheapest home in Hillsboro, AL, clocking in at $21,049.00. In other words, there’s something for every potential homebuyer or savvy investor in Hillsboro, AL!

Rent Prices In Hillsboro, AL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hillsboro, AL, is on a rollercoaster ride. The average rent price in Hillsboro, AL, is $945.00. Indeed, when looking to rent in Hillsboro, AL, you can expect to pay as little as $490.00 or as much as $2,200.00, with the average rent median estimated to be $930.00. The good news is that finding an affordable and desirable property to rent in Hillsboro, AL -- 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.

Top Reasons To Live In Hillsboro, AL In 2024

Hillsboro is located in Lawrence, Alabama, with an estimated municipal population of 521 residents. All of the best foreclosed homes for sale in Hillsboro are located in the following zip code areas on 35643. The estimated population per square kilometer (.62 miles) in Hillsboro is 106.

Cost Of Living In Hillsboro, AL

So, about how much do homes cost in Hillsboro? The most recent median value of resident-owned homes in Hillsboro is 133,810. An estimated 88.9 percent of households in Hillsboro own their homes, with an average family size of 3.44. The median household income in Hillsboro is 51,500, with24.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Hillsboro, the median commute time of resident workers (in minutes) is 29.2. And last, but certainly not least, are you looking for homes to rent in Hillsboro? If so, the average rent price paid by renters in Hillsboro is 850, according to recent statistics.

Diversity And Demographics In Hillsboro, Alabama

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Hillsboro, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Hillsboro is 47.6, split between 47 percent male versus 53 female. The percentage of residents who report being married in Hillsboro is 40.6, with an average family size of 3.44.

The percentage of residents who report their race in Hillsboro is as follows:

White 5.1%
Black / African American 93.3%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.7%
Other 0%

Looking for family-friendly neighborhoods in and/or near Hillsboro? Or maybe you are searching for 55+ active adult communities in and/or near Hillsboro?

The percentage of residents who report their age in Hillsboro is as follows:

Under 10 10.7%
Aged 10-19 12%
20s 12.6%
30s 6.9%
40s 11.5%
50s 20.2%
60s 16.7%
70s 6.6%
80+ 2.9%

Best Schools In Hillsboro, Alabama

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Hillsboro with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Hillsboro.

Pros And Cons Of Living In Hillsboro, Alabama

How do you know that living in -- or moving to -- Hillsboro is right where you need to be? Perhaps you grew up in Hillsboro or already live nearby; therefore, the decision to buy a home in Hillsboro is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Hillsboro for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Hillsboro:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Hillsboro.

Reasons To Move To Hillsboro, Alabama, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Hillsboro can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Hillsboro, meanwhile, can field multiple offers from more qualified buyers.

Hillsboro, AL Preforeclosure Homes


Listing types in Hillsboro, AL

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