Question 1

What is the median sold price in Hillsborough?

Accepted Answer

The median sold price in Hillsborough is $487,000 based on 4 home sales over the past 2 years. The median represents the middle price point where half of homes sold for more and half sold for less, making it a reliable indicator of typical home values in the area.

Question 2

What is the average home price in Hillsborough?

Accepted Answer

The average sold price in Hillsborough is $470,000. Note that the average ($470,000) is lower than the median ($487,000), which suggests the market has a fairly even distribution of home prices.

Question 3

What is the price range for homes in Hillsborough?

Accepted Answer

Home prices in Hillsborough range from $75,000 to $831,000 based on recent sales data. This $756,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Hillsborough selling above or below asking price?

Accepted Answer

On average, homes in Hillsborough are selling at 98.0% of their asking price. This means homes are selling very close to asking price with minimal negotiation room. Buyers may have room to negotiate on price.

Question 5

How long do homes take to sell in Hillsborough?

Accepted Answer

Homes in Hillsborough are selling in an average of 50 days. This indicates a balanced market with moderate competition. Buyers have reasonable time to make decisions without feeling rushed.

Question 6

What is the price per square foot in Hillsborough?

Accepted Answer

The average price per square foot in Hillsborough is $338. This metric helps you compare homes of different sizes on an equal basis. For example, a 2,000 sq ft home at this rate would cost approximately $676,000.

Question 7

How active is the real estate market in Hillsborough?

Accepted Answer

The Hillsborough market has seen 4 home sales over the past 2 years, with 4 properties currently for sale. With ample inventory available, buyers have plenty of options to choose from.

Question 8

What types of properties are selling in Hillsborough?

Accepted Answer

The most common property types selling in Hillsborough are: agriculture / farm (3 sold, avg $601,667), vacant lot (1 sold, avg $75,000). Each property type has different price points and characteristics to consider when buying or selling.

Question 9

Are home prices rising or falling in Hillsborough?

Accepted Answer

Home prices in Hillsborough have decreased by 4.8% over the past 2 years. The average sold price moved from $499,000 to $475,000. The relatively stable prices suggest a balanced market.

Question 10

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

Accepted Answer

Based on current data, Hillsborough is a balanced market. Homes are selling in 50 days on average and at 98.0% of asking price. Both buyers and sellers have reasonable negotiating positions in current conditions.

Question 11

What percentage of homes sell above asking price in Hillsborough?

Accepted Answer

In Hillsborough, 25% of homes sold above asking price, while 75% sold below asking. A moderate number of homes attract multiple offers.

Question 12

What size homes are selling in Hillsborough?

Accepted Answer

Homes selling in Hillsborough range from 1,384 to 2,579 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 13

How much do home prices vary in Hillsborough?

Accepted Answer

Hillsborough shows moderate price diversity with a standard deviation of $267,961 around the average price of $470,000. This wide range indicates a diverse market with options at many price points.

Question 14

How do I find out how much a house sold for in Hillsborough?

Accepted Answer

Simply search our Hillsborough sold archive. We index recently sold homes specifically by neighbourhood so you can compare apples-to-apples. If you see a "Sold" sign up the street, our MLS® sold listings data will tell you the exact closing price.

Question 15

Are sold prices different from the list price?

Accepted Answer

Often, yes. In competitive markets, house sale prices can be higher than the list price, while in slower markets, they may be lower. Viewing recently sold homes in Hillsborough will show you the "Sale-to-List Ratio," helping you understand the negotiation gap.

Question 16

Do you show all MLS® sold listings for Hillsborough?

Accepted Answer

Our feed captures all MLS® listings sold page data available for Hillsborough. This includes detached homes, condos, and duplexes, ensuring you don't miss any sold real estate listings relevant to your search.

Houses Sold in Hillsborough — What Buyers Paid

Hillsborough Sold Data Overview

Recently Sold in Hillsborough

What's Happening in Hillsborough Real Estate

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

How does Hillsborough compare to Rural Sturgeon County?

More neighbourhoods in Rural Sturgeon County

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