Hillsborough, NC housing market
The typical Hillsborough home is worth about $472,000, down 2.5% in a year, 41% above the North Carolina typical home. Homes typically sell in 25 days, below asking.
Home values, sales, trends and how Hillsborough compares with the towns next door — updated as new data is published.
Hillsborough at a glance
A seller's market
Supply is tight — about 3.6 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Hillsborough | North Carolina |
|---|---|---|
| 2017 | $266,000 | $179,000 |
| 2018 | $282,000 | $190,000 |
| 2019 | $298,000 | $203,000 |
| 2020 | $309,000 | $215,000 |
| 2021 | $345,000 | $242,000 |
| 2022 | $402,000 | $287,000 |
| 2023 | $449,000 | $320,000 |
| 2024 | $476,000 | $332,000 |
| 2025 | $485,000 | $338,000 |
| 2026 | $479,000 | $336,000 |
| August 2026 | $472,000 | $335,000 |
4.8 years of income
The typical Hillsborough home costs about 4.8 years of the town's median household income, about the same as across North Carolina (4.6).
How Hillsborough ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,690
HUD's Fair Market Rent for a two-bedroom in Hillsborough is $1,690 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Hillsborough pay a median of $1,368, so moving in tends to cost more than staying put. A two-bedroom takes about 21% of the town's median household income.
Studio $1,400 · 4 bedrooms $2,530
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (27278; Durham-Chapel Hill, NC HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.