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Hillsborough Market Report

$491,797

AVERAGE PRICE OF 156 HOMES

$1,239,645

AVERAGE PRICE OF 13 MULTI-MILLION DOLLAR HOMES

$592,103

AVERAGE PRICE OF 54 NEWLY BUILT HOMES

$436,369

AVERAGE PRICE OF 35 HOMES WITH A POOL

$615,000

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $491,797
Avg Bedrooms 2.54 beds
Avg Bathrooms 2.27 baths

Average Price by Bedrooms

2 bedrooms $360,166
3 bedrooms $483,000
4 bedrooms $618,663
5 bedrooms $795,512
Hillsborough Home Price Trends
  10/2023 9/2023 8/2023 7/2023 6/2023
Total Listings 145 135 131 127 130
Average Price $535,759 $535,667 $526,278 $542,895 $554,673
Avg Price Change +0.02% +1.78% -3.16% -2.17% -5.80%
Median Price $463,688 $457,381 $439,772 $428,018 $446,137
Med Price Change +1.38% +4.00% +2.75% -4.23% -7.69%
Avg Bedrooms 3.05 beds 2.84 beds 3.08 beds 2.9 beds 2.66 beds
Avg Bathrooms 2.47 baths 2.47 baths 2.94 baths 2.54 baths 2.45 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cedar Ridge 70 $450,960 80 days
None 2 $449,900 176 days
Northern 6 $868,700 97 days
Orange 67 $515,244 93 days
Orange - Orange 2 $577,450 50 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 156 $491,797 54 days
Multi-Million Dollar Homes 13 $1,239,645 143 days
Newly Built Homes 54 $592,103 88 days
Homes with a Pool 35 $436,369 79 days
Reduced Price Homes 1 $615,000 107 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: November 29, 2023
Information Deemed Reliable But Not Guaranteed.
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 2023 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 November 29, 2023
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