Is Hillsborough Township, NC a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Hillsborough Township is a seller's market


Difference Since November 2021

At the same time last year, Hillsborough Township was a Neutral Market.

Key Takeaway

Hillsborough Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Hillsborough Township, NC cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since November 2021


Key Takeaway

Homes in Hillsborough Township have sold for 19.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 --
2 $315K$262.2K
3 $370K$425K
4 $455K$635K
5+ $477.5K$700K

Median Sold Price Compared To Nearby Cities

Cheeks Township
Eno Township
Hillsborough Township

How many homes are available in Hillsborough Township, NC?

Number of Homes For Sale

Oct 2022Nov 2022%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 11
2 86
3 2826
4 1615
5+ 118

Number of Homes Sold

Oct 2022Nov 2022%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hillsborough Township, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
13 Days27 Days+112.3%

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Hillsborough Township are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Hillsborough Township, NC

Hillsborough Township, NC has 56 homes for sale to choose from. The inventory of homes for sale in Hillsborough Township, NC between October 2022 and November 2022 decreased by 12.5%. In November 2022 median list price was $461,000 and the average listing age was 27 days. Listing prices have changed in this real estate market between October 2022 and November 2022: the cost of 1 bedroom properties went up by 0%, 2 bedrooms properties prices decreased by 16.7%, 3 bedrooms properties prices increased by 14.9%, 4 bedrooms properties became 39.6% more expensive, 5 bedrooms properties prices increased by 46.6%. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes did not move, 2 bedrooms homes became 25% less available, the quantity of 3 bedrooms homes went down by 7.1%, volume of 4 bedrooms homes went down by 6.3%, the quantity of 5 bedrooms homes went down by 27.3%. In November 2022 more than 4 listings in Hillsborough Township, NC were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 8 were sold below.

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