Home Values

Hillsborough Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

None

  • None 1-year change
  • None 1-year forecast

The median list price per square foot in Hillsborough is $237, which is higher than the Raleigh average of $117. The median price of homes currently listed in Hillsborough is $313,900 while the median price of homes that sold is $323,000. The median rent price in Hillsborough is $1,400, which is higher than the Raleigh median of $1,090.

Foreclosures will be a factor impacting home values in the next several years. In Hillsborough 8.9 homes are foreclosed (per 10,000). This is greater than the Raleigh value of 3.3 and also greater than the national value of 3.9

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Relative ZHVI
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Hillsborough Market Overview

Data through Feb 28, 2015
  • No data ZHVI
  • No data 1-yr forecast
  • $313,900 Median listing price
  • No recent data Median sale price
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Hillsborough Market Health

Data through Feb 28, 2015
  • No recent data
  • No data Average days on Zillow
  • No data Homes with negative equity (16.9% US Avg)
  • No data Delinquent on mortgage (6.3% US Avg)

Homes foreclosed (per 10,000)

8.9 homes(Oct 31, 2013) Hillsborough
3.3 homes Raleigh
3.9 homes United States
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Nearby Neighborhoods

Name Median ZHVI
Glenwood $524,800
Wade $384,600
Five Points $326,300
Name Median ZHVI
Mordecai $257,700
Central $182,900
North Central $177,300
Name Median ZHVI
West Raleigh $143,600
Southwest Raleigh $135,600
South Central $107,400

Listings & Sales

Data through Feb 28, 2015
  • $237 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 19.0% Listings with price cut
27.1%
Sold below listing
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Hillsborough Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $1,329 Hillsborough
    $1,335 Raleigh
    $1,355 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.4 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,400 Rent list price
  • $1.47 Rent list price / sq ft
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