New Listing
23
$227,500
402 Forrest St
Hillsborough, NC 27278
3 bd1 ba1,007 sqft$226/ft²
House23,522 sqft lot
Kathryn White · Berkshire Hathaway HomeService
View photos & details
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Compass Real Estate · Hillsborough, NC
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Hillsborough, NC(512) 555-0184TX License #0512847
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Hillsborough, NC Housing Market & Real Estate
Balanced market+1.0% YoY
Housing market overview · Updated monthly ·
$491,000median sale price
How is the Hillsborough, NC housing market right now?
The median home sale price in Hillsborough, NC is $491,000, up 1.0% year-over-year. Homes sell in an average of 25 days with 47 active listings. The market is currently a balanced 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?
Balanced market3.6 months of supply25 avg. days on market
Hillsborough, NC is currently a balanced market, based on 3.6 months of supply and homes selling in about 25 days. How we determine this →
Homes sold
13
Last 12 weeks
Days on market
25
Average pace
Active listings
47
3.6 months supply
Sale-to-list
98.2%
Below asking
What does the Hillsborough housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $491,000 |
| Median list price | $462,740 |
| Year-over-year price change | +1.0% |
| Average days on market | 25 days |
| Active inventory | 47 listings |
| Months of supply | 3.6 months |
| Sale-to-list price ratio | 98.2% |
| Median price per sq ft | $272/sq ft |
| Homes sold (latest month) | 13 |
| New listings (latest month) | 17 |
| Listings with a price cut | 34.0% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Hillsborough by property type?
How the Hillsborough, NC market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $491,000 | $272/sq ft | 11 | 23 days |
| Condo / Co-op | $561,000 | $387/sq ft | 1 | 32 days |
| Townhouse | $377,500 | $197/sq ft | 1 | 46 days |
Source: Redfin · Updated monthly
The Hillsborough housing market is currently classified as a balanced market with a median sale price of $491,000. Prices have risen 1.0% compared to last year, with homes spending an average of 25 days on market, indicating 3.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.9x provides context for how home values compare to local earning capacity.
Homes for sale in Hillsborough
There are currently 47 homes listed for sale in Hillsborough, North Carolina. The median listing price is $463K. Featured listings range from $227,500 to $2,150,000.
New Listing
20
$250,000
Hawes Rd
Hillsborough, NC 27278
Land3.81 acres
Amy Pulliam · Boro Realty
View photos & details
New Listing
25
$300,000
215 Torain St
Hillsborough, NC 27278
3 bd1 ba1,068 sqft$281/ft²
House18,295 sqft lot
Emili Tasler · RIVETER GROUP LLC
View photos & details
New Listing
13
$415,000
7409 Guess Rd
Hillsborough, NC 27278
Land10.19 acres
Lori Madden · Allen Tate/Cary
View photos & details
New Build
25
$494,490
725 James J Freeland Mem Dr
Hillsborough, NC 27278
4 bd4 ba2,628 sqft$188/ft²
House
View photos & details
New Listing
2
$522,000
410 Regulators Way
Hillsborough, NC 27278
4 bd3 ba2,698 sqft$193/ft²
House7,841 sqft lot
Jamie Bey · Inhabit Real Estate
View photos & details
New Listing
40
$577,000
1108 W King St
Hillsborough, NC 27278
2 bd1 ba1,135 sqft$508/ft²
House3.00 acres
Armand Lenchek · EXP Realty LLC
View photos & details
New Listing
52
$649,000
1313 Quincy Cottage Rd
Hillsborough, NC 27278
4 bd3 ba2,533 sqft$256/ft²
House7,405 sqft lot
Bill Stevenson · Compass -- Chapel Hill - Durham
View photos & details
New Listing
78
$675,000
5424 Hawes Rd
Hillsborough, NC 27278
4 bd3 ba2,096 sqft$322/ft²
House9.00 acres
Amy Pulliam · Boro Realty
View photos & details
New Build
22
$890,000
Tbd Magpie-Homesite 1 Ln
Hillsborough, NC 27278
5 bd4 ba4,042 sqft$220/ft²
House
View photos & details
New Listing
30
$999,900
605 Red Fox Trl
Hillsborough, NC 27278
4 bd4 ba4,806 sqft$208/ft²
House20,038 sqft lot
Shea Smith · NorthGroup Real Estate, Inc.
View photos & details
New Listing
4
$2,150,000
2626 Highland Farm Rd
Hillsborough, NC 27278
Land70.77 acres
Andrea Ochoa · Collective Realty LLC
View photos & details
Looking to buy in Hillsborough?
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Active listings
47
Homes on market
Median list price
$463K
Avg. days on market
25
Days until sale
New this week
17
Newly listed
Price drops:34.0%of listings
Sale-to-list:98.2%
Who lives in Hillsborough?
Population
9,656
Median income
$98,467/yr
Median age
43.6 years
Owner-occupied
63.7%
College grads
61.8%
Avg commute
21.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Hillsborough?
Zillow home value
$479,767
Zillow rent index
$1,454/mo
Price-to-rent ratio
27.5x
Price-to-income
4.9x
Source: Zillow Research
What is it like to live in Hillsborough?
Hillsborough is a community of approximately 10K residents with a median age of 43.6 years.The median household income is $98,467, which reflects a relatively affluent area with strong earning potential. 61.8% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 63.7%, showing a blend of owner and renter-occupied properties. The average commute time is 21.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Hillsborough offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Hillsborough?
12 schools tracked · 6,735 students
The largest public schools serving Hillsborough, NC 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.
Orange High
Grades 9-12 · 1,220 students
Cedar Ridge High
Grades 9-12 · 1,118 students
Eno River Academy
Grades K-12 · 810 students
A L Stanback Middle
Grades 6-8 · 625 students
River Park Elementary
Grades PK-5 · 555 students
Orange Middle
Grades 6-8 · 529 students
Hillsborough Elementary
Grades PK-5 · 434 students
Grady Brown Elementary
Grades PK-5 · 401 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, NC?
Want a head-to-head view? Compare Hillsborough side-by-side with any other U.S. city using our market-comparison tool.
Which ZIP codes are in Hillsborough?
Is Hillsborough a good real estate investment market?
For investors evaluating Hillsborough, the price-to-rent ratio of 27.5x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 1.0% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Hillsborough's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Hillsborough's median home price.
Frequently asked questions
What is the average home price in Hillsborough?
The median home sale price in Hillsborough is $491,000, up 1.0% from last year.
How long do homes stay on market in Hillsborough?
Homes typically spend 25 days on market before going under contract.
What is the median income in Hillsborough?
The median household income is $98,467 per year.
Is Hillsborough a buyer's or seller's market?
With 3.6 months of supply, Hillsborough is currently a balanced market.
How many homes are for sale in Hillsborough?
There are currently 47 homes listed for sale in Hillsborough, NC.
What is the Zillow home value estimate for Hillsborough?
The Zillow Home Value Index (ZHVI) for Hillsborough is $479,767, representing the typical home value in the area.
What is the median condo price in Hillsborough?
The median condo/co-op sale price in Hillsborough, NC is $561,000, compared to $491,000 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, NC is $491,000 (about $272 per square foot).
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