Hillsborough Housing Market · 2026

Data through Mar 2026

Hillsborough Market Snapshot

Hillsborough favors sellers and competition is intensifying. Here's the picture:

Based on 10 homes sold in March 2026. Includes all residential types (SFH, condo, townhouse, multi-family, and others). Enough to see the trend, but individual sales still move the median. Updated weekly.

Data through March 2026

SalesWhat are homes selling for?
Median Sale Price
$7.15M
Up 10.0% from March 2025
Up $652K from March 2025
Homes Sold
10
Sold in the most recent month. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$43,911/mo
6.53% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$36,277
  • Property Tax$7,450
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
19 days
53 fewer days than in March 2025
Homes typically sell within a month
Sale-to-List Ratio
104.9%
Up from 97.6% in March 2025
Selling 5% above asking
% Sold Over Asking
50%
More than half of homes sold above their asking price
Active Listings
20
Down 28.6% from March 2025
About 2 months of supply. Moderate selection available

Market Trends

See how prices, monthly costs, and mortgage rates have moved in Hillsborough.

Median Sale Price
Up 10.0% year-over-year in Hillsborough. Based on 10 sales in the most recent month.
Homes Sold
43% more homes sold than a year ago in Hillsborough.
Total Monthly Payment
Estimated monthly cost is up 7% from a year ago in Hillsborough, reflecting changes in both price and mortgage rates.

Includes principal, interest, estimated CA property tax (~1.25%), and estimated insurance (~$2,200/yr). HOA fees not included.

30-Year Fixed Mortgage Rate (National Avg.)
National average currently at 6.53%. Your actual rate depends on your credit, down payment, and loan type.

Frequently asked questions about Hillsborough

Is now a good time to buy in Hillsborough?

Hillsborough favors sellers and competition is intensifying. Buyers should prepare strong offers and expect limited room to negotiate on well-priced listings.

How do Hillsborough home prices compare to the Bay Area average?

At $7.15M, Hillsborough's median is roughly 4 times the Bay Area median of $1.88M. Hillsborough sits at the very top of the regional market.

How competitive is Hillsborough for buyers?

Hillsborough currently favors sellers:

  • Homes sell about 5% above asking on average
  • 50% close above list price
  • 19 days typical time to go pending
  • 25% of listings have had a price reduction

Buyer strategy: well-priced homes still move quickly, but there is modest room for strong offers. Come in pre-approved with a clear plan.

What will my total monthly cost be on a median-priced Hillsborough home?

At $7.15M with 20% down at 6.53%, the monthly cost breakdown:

  • $36,277 principal and interest
  • $7,450 property tax (California 1.25% effective rate)
  • Insurance is highly variable at this price point and scales with the home; plan on $1,500 to $3,000 per month rather than our default

Most buyers at this tier pay a meaningful share in cash, which reduces monthly carrying costs.

No noise, just a quick weekly read on what's going on in your market.

Melanie Tan
Melanie Tan
DRE #02250755
“I help Bay Area buyers and sellers make confident moves with the latest market data, real local expertise, and the patience to find what's actually right for you, not the fastest close.”
See all reviews on Zillow

Let's Chat!

I read every message and usually reply the same day.

What brings you here?