The Hillsborough housing market is somewhat competitive. The median sale price of a home in Hillsborough was $390K last month, down 1.3% since last year. The median sale price per square foot in Hillsborough is $343, down 4.6% since last year.
What is the housing market like in Hillsborough today?
In October 2024, Hillsborough home prices were down 1.3% compared to last year, selling for a median price of $390K. On average, homes in Hillsborough sell after 36 days on the market compared to 43 days last year. There were 13 homes sold in October this year, up from 5 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$390,000
-1.3% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Hillsborough, NC
$390,000
-1.3%
United States
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How hot is the Hillsborough housing market?
Hillsborough is somewhat competitive. Homes sell in 32 days.
0
100
59
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 32 days.
Hot homes
can sell for around list price and go pending in around 13 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Hillsborough housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Hillsborough.
Flood Factor - Major
13% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Hillsborough has a major risk of flooding. 98 properties in Hillsborough are likely to be
severely affected
by flooding over the next 30 years. This represents 13% of all properties in Hillsborough. Flood risk is increasing slower than the national average.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Hillsborough has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Hillsborough is most at risk from hurricanes. 813 properties in Hillsborough have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 84 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 96 mph.