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Hillsborough, NC

Full City Profile · North Carolina · Orange County County

3.8 /5.0
B+ Good
9,656 Population 1,676/sq mi density
$98,467 Median Income $54,024 per capita
$430,100 Home Value $464,419 Zillow
$1,349 Median Rent 31.0% income on rent
60°F Avg Temperature 305 sunny days/yr
519 Violent Crime/100K 5,354 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$98,467 median income, 3.1% unemployment
A
Affordability
4.2 / 5.0
$430,100 home value, $1,349/mo rent
F
Safety
1.0 / 5.0
519 violent crimes/100K (37% above avg)
A+
Education
5.0 / 5.0
61.8% bachelor's degree or higher

Housing Overview

Median Home Value
$430,100
53% above
US avg: $281,900
Median Rent
$1,349/mo
16% above
US avg: $1,163/mo
Homeownership Rate
63.7%
3% below US avg (65.4%)
Total Housing Units
4,331
Median year built: 1994

Home Value by Source

Census Median
$430,100
Zillow (ZHVI)
$464,419
Median Sale Price
$470,000
Median List Price
$455,970
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

63.7%
Owner-Occupied
36.3%
Renter-Occupied
64%
36%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$932/mo
1 Bedroom
$981/mo
2 Bedroom
$1,161/mo
3 Bedroom
$1,499/mo
4 Bedroom
$1,780/mo
Census median rent: $1,349/mo · Zillow rent: $1,643/mo

Market Indicators (Redfin)

Median Days on Market
89 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
9
Price Drops
10.3%
of listings with price reduction
Price Per Sq Ft
$221
Active Inventory
29
homes for sale

Affordability & Housing Stock

Rent Burden
31.0%
of renters spending 30%+ of income on housing
0% below US avg (31.0%)
Median Year Built
1994
Average age of housing stock: 32 years
Homeownership Rate
63.7%

Complete Housing Data

Home Values

Census Median Value$430,100
Zillow Home Value (ZHVI)$464,419
Median Sale Price$470,000
Median List Price$455,970
Price Per Sq Ft$221

Rent

Census Median Rent$1,349
Zillow Rent (ZORI)$1,643
FMR Studio$932
FMR 1-Bedroom$981
FMR 2-Bedroom$1,161
FMR 3-Bedroom$1,499
FMR 4-Bedroom$1,780

Market

Days on Market89
Sale-to-List Ratio1.0%
Price Drops10.3%
Homes Sold9
Active Inventory29
Price Per Sq Ft$221

Ownership & Stock

Owner-Occupied63.7%
Renter-Occupied36.3%
Homeownership Rate63.7%
Total Housing Units4,331
Median Year Built1994
Rent Burden31.0%