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Market Intelligence · NC / Orange County

Hillsborough, NC home prices and housing market

1 ZIP market liveData updated September 2026Typical value$462K1-yr changeDown2.8%

The typical home value in Hillsborough, NC is $462K as of September 2026, down 2.8% from a year ago, based on the Zillow Home Value Index. In the typical Hillsborough ZIP code, the median list price is $482K and homes spend a median of 67 days on market as of September 2026 (Realtor.com).

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The coverage

Hillsborough, by the numbers.

Typical home valueZillow ZHVI, September 2026
$462K
1-yr changeMedian across Hillsborough ZIPs
-2.8%
ZIP markets live
1
County
Orange County

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12-month value trend

-2.8% over 12 months

Typical home value in Hillsborough over the last 12 months: $475K in Sep 2025 to $462K in Sep 2026 (-2.8%).

Sep 2025$475K

Sep 2026$462K

Median Zillow home value index across Hillsborough's ZIP codes.

Context

Hillsborough's housing market has softened over the past year. The typical home value stands at $461,888, down 2.8% from a year ago as of September 2026. Currently, 101 homes are on the market with a median list price of $481,890. Homes are spending a median of 67 days on the market, and about 22.4% of listings have seen price cuts. If you're thinking about selling, the combination of declining values and increasing price adjustments suggests you should have realistic expectations about timing and final sale price.

The numbers

What is the housing market like in Hillsborough, NC?

Typical home value

$462K

Down2.8%YoY

Median list price

$482K

Days on market

67

Homes for sale

101

Price cuts

22.4%

New listings

20

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Hillsborough's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Hillsborough, NC home prices over time

Typical home values in Hillsborough, NC are down 2.8% over the past year, from $475K in September 2025 to $462K in September 2026.

Typical home value in Hillsborough, NC, September of each year
MonthTypical value1-yr change
September 2026$461,888-2.8%
September 2025$475,337No prior year

Typical value is the median Zillow Home Value Index across Hillsborough ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Hillsborough, NC a buyer's or seller's market?

Hillsborough, NC leans toward a buyer's market.

Homes are taking longer to sell and homes for sale are building up relative to new listings, which gives buyers more room to negotiate.

Based on a median of 67 days on market and 22% of listings with a price cut in the typical Hillsborough ZIP code, and 20 new listings against 101 active listings across Hillsborough, as of September 2026 (Realtor.com).

The outlook

Hillsborough housing market forecast 2027

-0.5%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 1 Hillsborough ZIP code, points to typical home values falling 0.5% by September 2027.

Over the 12 months through September 2026, typical home values in Hillsborough fell 2.8%, per the Zillow Home Value Index.

Will home prices drop in Hillsborough?

The forecasts point that way: a weighted average of Zillow's ZIP forecasts for Hillsborough shows typical home values falling 0.5% by September 2027, after a 2.8% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 1 Hillsborough ZIP code has both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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Live markets

What ZIP codes are live in Hillsborough?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier.

Zillow ZHVI, September 2026

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Common questions

Questions about Hillsborough, NC home prices.

What is the typical home value in Hillsborough?

As of September 2026, the typical home value in Hillsborough is $461,888, representing a decline of 2.8% over the past year.

How many homes are currently for sale in Hillsborough?

There are 101 homes for sale in Hillsborough as of September 2026, with 20 new listings added recently.

How long do homes typically stay on the market in Hillsborough?

The median days on market in Hillsborough is 67 days, with a median list price of $481,890 as of September 2026.

Are home prices going up or down in Hillsborough, NC?

Typical home values in Hillsborough, NC are down 2.8% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Hillsborough, NC a buyer's or seller's market?

Hillsborough, NC leans toward a buyer's market. Homes are taking longer to sell and homes for sale are building up relative to new listings, which gives buyers more room to negotiate. Based on a median of 67 days on market and 22% of listings with a price cut in the typical Hillsborough ZIP code, and 20 new listings against 101 active listings across Hillsborough, as of September 2026 (Realtor.com).

Nearby markets

More North Carolina housing markets.

The market is moving

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