How does the housing market look in Hillsborough? Take a look at up-to-date home sale trends like the latest home sale prices, new listings, and more.
Market Insights
Hillsborough Raleigh, NC
Median Sale Price
$494,000
5.8%
New Listings
10
42.9%
Number of Homes Sold
6
64.7%
Median Days on Market
43
416.0%
Market Overview
All Home Types
In the last 30 days, homes for sale in Hillsborough, Raleigh, NC sold for a median price of $494,000, up 5.8% compared to the same period last year. The median price per square foot was $392.43, down 1% year-over-year. There were 6 homes sold, down from 17 last year.
Median
lightbulbWhat does this mean?
The median sale price helps you understand how much you should expect to spend on a home in a market. The higher the median price of the homes, the more expensive the market is overall. The rate at which home prices change is an indicator of whether homes are becoming more or less affordable in that market. Learn more about buying a home.
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Get StartedHousing Supply
All Home Types
Yesterday, the total number of homes for sale in Hillsborough, Raleigh, NC was 38, up 171.4% compared to last year. In the last 30 days, 10 new homes were listed for sale, up 42.9% year-over-year. The median days on market was 43, up from 8.33 days last year. The months of supply was 2.83, up from 0.41 months last year.
lightbulbWhat does this mean?
The number of homes that are available for sale in a market tells you how much choice you have. The rate at which this number changes indicates whether the number of options are increasing or decreasing for buyers. Learn more about buying in a hot market.
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Start QuizHousing Demand
All Home Types
In the last 30 days, homes in Hillsborough, Raleigh, NC had a median sale-to-list-price ratio of 91.2%, down 9.9 pt compared to the same period last year. 16.67% of homes sold above list price, down 53.9 pt year-over-year. 50% of homes listed dropped in price, up 50 pt from last year.
Median
lightbulbWhat does this mean?
Sale-to-list price tells you how much you may have to pay over the asking price to buy the home you want. When this number is above 100%, you may need to pay more than the asking price for the home you want.
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Cash offers are 4x more likely to be accepted.
Orchard helps you make a stronger, cash-backed offer.
Get StartedHomes For Sale In Hillsborough
Huntley Realty • MLS 2500888 • Status: Active
Holleran Real Estate & Consulting LLC • MLS 2500551 • Status: Active
Marquis Realty • MLS 2498883 • Status: Active
Berkshire Hathaway HomeServices YSU • MLS 2498573 • Status: Active
Liberty Real Estate Inc. • MLS 2498191 • Status: Active
Luxe Residential, LLC • MLS 2497966 • Status: Active
Berkshire Hathaway HomeServices YSU • MLS 2496577 • Status: Active
Allen Tate/Raleigh-Glenwood • MLS 2496490 • Status: Active
Southern Lux Living • MLS 2492912 • Status: Active
Raleigh Custom Realty, LLC • MLS 2491501 • Status: Active
Carolina's Choice Real Estate • MLS 2486843 • Status: Active
Mark Spain Real Estate • MLS 2484876 • Status: Active
Rockridge Realty, Inc. • MLS 2470316 • Status: Active
Compass -- Raleigh • MLS 2466106 • Status: Active
Compass -- Raleigh • MLS 2431773 • Status: Active
Compass -- Raleigh • MLS 2388973 • Status: Active