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Hillsborough Market Report

$461,546

AVERAGE PRICE OF 150 HOMES

$1,393,333

AVERAGE PRICE OF 6 MULTI-MILLION DOLLAR HOMES

$415,331

AVERAGE PRICE OF 48 NEWLY BUILT HOMES

$561,046

AVERAGE PRICE OF 35 HOMES WITH A POOL

$256,500

AVERAGE PRICE OF 2 DISTRESSED HOMES

$402,875

AVERAGE PRICE OF 4 REDUCED PRICE HOMES

Average Home

Average Price $461,546
Avg Bedrooms 2.84 beds
Avg Bathrooms 2.58 baths

Average Price by Bedrooms

1 bedroom $195,000
2 bedrooms $281,672
3 bedrooms $407,377
4 bedrooms $578,325
5 bedrooms $712,338
Hillsborough Home Price Trends
  6/2020 5/2020 4/2020 3/2020 2/2020
Total Listings 157 161 157 147 139
Average Price $454,351 $446,596 $442,484 $431,513 $418,683
Avg Price Change +1.74% +0.93% +2.54% +3.06% +1.03%
Median Price $408,554 $393,327 $384,230 $376,030 $364,224
Med Price Change +3.87% +2.37% +2.18% +3.24% +5.61%
Avg Bedrooms 2.84 beds 2.96 beds 2.89 beds 3.1 beds 3.02 beds
Avg Bathrooms 2.58 baths 2.66 baths 2.62 baths 2.79 baths 2.7 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cedar Ridge 32 $444,192 68 days
Chapel Hill 1 $143,000 397 days
Northern 7 $359,200 181 days
Orange 104 $522,559 123 days
Out Of Area 1 $435,000 77 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 150 $461,546 122 days
Multi-Million Dollar Homes 6 $1,393,333 158 days
Newly Built Homes 48 $415,331 191 days
Homes with a Pool 35 $561,046 78 days
Distressed Homes 2 $256,500 205 days
Reduced Price Homes 4 $402,875 32 days
Triangle Home Crew Realty, LLC
Susan Crawford
1717 Legion Rd Suite 101
Chapel Hill, NC 27517
919-491-4663

Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS. Last updated: July 4, 2020
Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2020 Triangle MLS, Inc. of North Carolina. All rights reserved. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.” Listings were last updated July 4, 2020