Market Intelligence · NC / Hillsborough

Hillsborough, NC 27278 Housing Market

The typical home value in Hillsborough, NC 27278 is $461,888 as of September 2026, down 2.8% over the past year. The median list price is $481,890, and homes are spending a median of 67 days on the market.

Updated September 2026Median value$462K

The median home value in Hillsborough, NC 27278 is $462K as of September 2026, down 2.8% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 27278 range

$425K to $499K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-2.8% over 12 months

Sep 2025$475K

Low $462KHigh $475K

Sep 2026$462K

The numbers

What is the 27278 housing market like?

As of September 2026

Typical home value

$462K

2.8%YoY

Median list price

$482K

1.6%MoM

Days on market

6.3%MoM

Homes for sale

101

4.7%MoM

Price cuts

22.4%

10.7%MoM

New listings

50.0%MoM

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

The outlook

27278 housing market forecast 2027

-0.5%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 27278 to fall 0.5% by September 2027.

Over the 12 months through September 2026, typical home values in 27278 fell 2.8%, per the Zillow Home Value Index.

Will home prices drop in 27278?

Zillow's forecast says they may: it expects typical home values in 27278 to fall 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.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 27278 home prices compare?

27278$461,888
Hillsborough$461,888
North Carolina$284,347
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Hillsborough: 1 ZIP; North Carolina: 718 ZIPs; United States: 26,262 ZIPs).

Context

In Hillsborough, NC 27278, the market is cooler than the list prices suggest. The typical home value is $461,888 as of September 2026, down 2.8% over the past year, while the median list price is $481,890. There are 101 homes for sale and only 20 new listings, with a median of 67 days on market. Price cuts are showing up on 22.4% of listings, which points to buyers negotiating harder. A seller should price to the market, not to last year.

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Down payment20% · $92,378

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Common questions

What people ask us.

How much is a home in 27278 worth?

The typical home value is $461,888 as of September 2026, down 2.8% over the past year.

Are homes selling quickly in 27278?

The median days on market is 67 as of September 2026.

How many homes are for sale in 27278?

There are 101 homes for sale and 20 new listings as of September 2026.

Discover

Nearby ZIP markets.

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