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Featured local agent — Hillsborough, NJ
Sarah Mitchell
Compass Real Estate · Hillsborough, NJ
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Hillsborough, NJ Housing Market & Real Estate
Housing market overview · Updated monthly ·
$470,000median sale price
How is the Hillsborough, NJ housing market right now?
The median home sale price in Hillsborough, NJ is $470,000, up 0.9% year-over-year. Homes sell in an average of 22 days with 53 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Hillsborough a buyer's or seller's market?
Hillsborough, NJ is currently a seller's market, based on 2.9 months of supply and homes selling in about 22 days. How we determine this →
Homes sold
18
Last 12 weeks
Days on market
22
Average pace
Active listings
53
2.9 months supply
Sale-to-list
101.8%
Above asking
What does the Hillsborough housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $470,000 |
| Median list price | $454,950 |
| Year-over-year price change | +0.9% |
| Average days on market | 22 days |
| Active inventory | 53 listings |
| Months of supply | 2.9 months |
| Sale-to-list price ratio | 101.8% |
| Median price per sq ft | $325/sq ft |
| Homes sold (latest month) | 18 |
| New listings (latest month) | 34 |
| Listings with a price cut | 32.1% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Hillsborough by property type?
How the Hillsborough, NJ market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $525,000 | $334/sq ft | 16 | 21 days |
| Condo / Co-op | $363,500 | $303/sq ft | 2 | 131 days |
| Townhouse | $517,000 | $333/sq ft | 1 | 114 days |
Source: Redfin · Updated monthly
The Hillsborough housing market is currently classified as a seller's market with a median sale price of $470,000. Prices have risen 0.9% compared to last year, with homes spending an average of 22 days on market, indicating 2.9 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Hillsborough
There are currently 53 homes listed for sale in Hillsborough, New Jersey. The median listing price is $455K.
Active listings
53
Homes on market
Median list price
$455K
Avg. days on market
22
Days until sale
New this week
34
Newly listed
Who lives in Hillsborough?
Population
22,302
Median income
$142,275/yr
Median age
41.7 years
Owner-occupied
82.3%
College grads
58.3%
Avg commute
33.4 min
Source: U.S. Census Bureau ACS
What is it like to live in Hillsborough?
Hillsborough is a community of approximately 22K residents with a median age of 41.7 years.The median household income is $142,275, which reflects a relatively affluent area with strong earning potential. 58.3% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 82.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 33.4 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Hillsborough offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Hillsborough?
9 schools tracked · 7,213 students
The largest public schools serving Hillsborough, NJ by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Hillsborough High School
Grades 9-12 · 2,385 students
Hillsborough Township Middle School
Grades 7-8 · 1,230 students
Auten Road Intermediate School
Grades 5-6 · 1,114 students
Sunnymead Elementary School
Grades K-4 · 529 students
Hillsborough Township Elementary School
Grades K-4 · 480 students
Woods Road Elementary School
Grades PK-4 · 415 students
Amsterdam Elementary School
Grades K-4 · 383 students
Triangle Elementary School
Grades PK-4 · 364 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Hillsborough, NJ?
Want a head-to-head view? Compare Hillsborough side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Hillsborough?
The median home sale price in Hillsborough is $470,000, up 0.9% from last year.
How long do homes stay on market in Hillsborough?
Homes typically spend 22 days on market before going under contract.
What is the median income in Hillsborough?
The median household income is $142,275 per year.
Is Hillsborough a buyer's or seller's market?
With 2.9 months of supply, Hillsborough is currently a seller's market.
What is the median condo price in Hillsborough?
The median condo/co-op sale price in Hillsborough, NJ is $363,500, compared to $525,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Hillsborough?
The median single-family home price in Hillsborough, NJ is $525,000 (about $334 per square foot).
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