Housing in Hillsborough, NJ
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$457,000
Median List Price
$427,500
Price Per Sq Ft
$333
Days on Market
47
Active Inventory
28
Months of Supply
1.5
Seller's market
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
52.6%
Off Market in 2 Weeks
29.4%
Sale-to-List Ratio
100.3%
Seller's market
Market Activity
Source: RedfinHomes Sold
19
New Listings
20
Pending Sales
17
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$333
Median List $/SF
$318
Hillsborough vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 25,000 - 50,000 residents. Hillsborough is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$411,400
Median Rent
$1,898
Total Housing Units
9,096
Vacancy Rate
1.5%
Owner Occupied
82.3%
Renter Occupied
17.7%
Median Property Tax
$8,576
per year
Monthly Cost (w/ Mortgage)
$2,336
Housing Types
The current median sale price in Hillsborough, NJ is $457,000 according to Redfin data. Homes spend a median of 47 days on the market. 52.6% of homes sold above asking price. The market has 1.5 months of supply. The median price per square foot is $333. The median rent is $1,898 per month (Census ACS). About 82.3% of housing units are owner-occupied. The median year homes were built is 1984. There are 9,096 total housing units.