The Hillsborough housing market is not very competitive. The median sale price of a home in Hillsborough was $400K last month, down 30.3% since last year. The median sale price per square foot in Hillsborough is $440, up 13.1% since last year.
What is the housing market like in Hillsborough today?
In March 2024, Hillsborough home prices were down 30.3% compared to last year, selling for a median price of $400K. On average, homes in Hillsborough sell after 12 days on the market compared to 83 days last year. There were 9 homes sold in March this year, up from 7 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$400,000
-30.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Hillsborough, NC
$400,000
-30.3%
United States
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How hot is the Hillsborough housing market?
Hillsborough is not very competitive. Homes sell in 59 days.
0
100
29
Not Very 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 12 months
Multiple offers are rare.
The average homes sell for about 3% below list price and go pending in around 59 days.
Hot homes
can sell for around list price and go pending in around 16 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.
Risk Factor
Flood Factor - Major
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Hillsborough has a major risk of flooding. 86 properties in Hillsborough are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in Hillsborough. Flood risk is increasing slower than the national average.
2% of properties are at risk of wildfire over the next 30 years
Fire Factor
Hillsborough has a minor risk of wildfire. There are 19 properties in Hillsborough that have some risk of being affected by wildfire over the next 30 years. This represents 2% of all properties in Hillsborough.
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. 790 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 83 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 96 mph.