The Hillsborough County housing market in January 2023 saw 3,123 single-family homes available for sale on the Multiple Listing Service (MLS). Over the past six months, 7,879 homes were sold in the county. The average days on market (DOM) for homes that sold in 6 months leading up to January was 30, and the average sales price was $313,17. This resulted in a 2.38-month supply of homes available on the market, indicating a seller's market.

New listings of single-family homes in Hillsborough County in the past 60 days numbered 6,110, while repositioned listings (homes that were previously on the market but taken off and then relisted) numbered 1,748, and expired listings (homes that were on the market but not sold) numbered 291.

The majority of homes available in Hillsborough County were priced between $300,000 and $499,999, with 1,581 listings in this price range. The second most common price range was between $500,000 and $749,999, with 724 listings. There were only 9 homes available for sale in the lowest price range of $0-$149,999.

In terms of closed sales, the largest portion was also in the $300,000-$499,999 price range, with 4,460 homes sold. This was followed by the $150,000-$299,999 price range, with 902 homes sold. There were only 72 closed sales in the lowest price range of $0-$149,999.

The number of short sales (homes sold for less than the amount owed on the mortgage) in Hillsborough County in the past six months was 5, representing a small percentage (0.06%) of closed sales. The number of real estate-owned (REO) properties (homes that were foreclosed on and owned by the lender) was 28, representing a slightly larger percentage (0.36%) of closed sales.

The Hillsborough County condominium market in January 2023 saw 890 units available for sale on the Multiple Listing Service (MLS). Over the past six months, 2,445 units were sold in the county. The average days on market (DOM) for units that sold in January was 22, and the average sales price was $407.50. This resulted in a 2.18-month supply of units available on the market, indicating a seller's market.

New listings of condominiums in Hillsborough County in the past 60 days numbered 1,780, while repositioned listings (units that were previously on the market but taken off and then relisted) numbered 420, and expired listings (units that were on the market but not sold) numbered 58.

The majority of units available in Hillsborough County were priced between $300,000 and $499,999, with 346 listings in this price range. The second most common price range was between $150,000 and $299,999, with 334 listings. There were only 27 units available for sale in the lowest price range of $0-$149,999.

In terms of closed sales, the largest portion were also in the $300,000-$499,999 price range, with 814 units sold. This was followed by the $150,000-$299,999 price range, with 1,124 units sold. There were only 151 closed sales in the lowest price range of $0-$149,999.

There were no short sales (units sold for less than the amount owed on the mortgage) in Hillsborough County in the past six months. The number of real estate-owned (REO) properties (units that were foreclosed on and owned by the lender) was 4, representing a small percentage (0.16%) of closed sales.