Hillsborough, NJ housing market
The typical Hillsborough home is worth about $681,000, up 2.3% in a year, 17% above the New Jersey typical home. Homes typically sell in 22 days, a little above 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 2.9 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 | New Jersey |
|---|---|---|
| 2017 | $419,000 | $317,000 |
| 2018 | $433,000 | $330,000 |
| 2019 | $441,000 | $343,000 |
| 2020 | $445,000 | $358,000 |
| 2021 | $480,000 | $394,000 |
| 2022 | $520,000 | $441,000 |
| 2023 | $554,000 | $471,000 |
| 2024 | $612,000 | $511,000 |
| 2025 | $667,000 | $551,000 |
| 2026 | $675,000 | $568,000 |
| August 2026 | $681,000 | $580,000 |
Hillsborough and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Hillsborough | $681K | +2.3% | 22 | $154,031 |
| Branchburg | $736K | +2.3% | — | $168,832 |
| Manville | $484K | +1.6% | 46 | $93,333 |
| Millstone | — | — | — | $141,709 |
| Bridgewater | $749K | +2.7% | 17 | $172,851 |
| Raritan | $556K | +2.6% | — | $107,672 |
| Somerville | $552K | +3.5% | — | $103,760 |
4.4 years of income
The typical Hillsborough home costs about 4.4 years of the town's median household income, less than across New Jersey (5.6 years).
How Hillsborough ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
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. Listings link to their publishers.