Homeplace, Hillsborough Housing Market · 2026

Data through May 2026

Homeplace, Hillsborough Market Snapshot

Homeplace is a balanced market, a good environment for thoughtful decisions on both sides:

Based on 7 homes sold in May 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 May 2026

SalesWhat are homes selling for?
Median Sale Price
$9.00M
Up 53.5% from May 2025
Up $3.14M from May 2025
Homes Sold
7
Sold in the most recent month. More sales = more reliable data.
Your CostWhat would you actually pay each month?
Monthly Payment
~$55,020/mo
6.49% · 30yr fixed · 20% down
Payment Breakdown
  • Principal & Interest$45,462
  • Property Tax$9,375
  • Insurance$183
CompetitionHow competitive is it right now?
Days on Market
10 days
2 more days than in May 2025
Homes sell in a week or two
Sale-to-List Ratio
101.1%
Down from 101.3% in May 2025
Selling at or near asking price
% Sold Over Asking
43%
43% of homes sold above asking, some competition
Active Listings
1
Down 50.0% from May 2025
About 0.1 months of supply. Very low, limited options for buyers

Market Trends

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

Median Sale Price
Up 53.5% year-over-year in Homeplace. Based on 7 sales in the most recent month.
Homes Sold
Total Monthly Payment
Estimated monthly cost is up 49% from a year ago in Homeplace, 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 6.49%. Your actual rate depends on your credit, down payment, and loan type.

Frequently asked questions about Homeplace, Hillsborough

Is now a good time to buy in Homeplace, Hillsborough?

Homeplace, Hillsborough is a balanced market, a good environment for thoughtful decisions on both sides. Sellers can expect fair prices and buyers have time to negotiate without extreme pressure.

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

At $9.00M, Homeplace, Hillsborough's median is roughly 5 times the Bay Area median of $1.85M. Homeplace, Hillsborough sits at the very top of the regional market.

Within Hillsborough, this area trades about 55% above the city-wide median of $5.80M.

How competitive is Homeplace, Hillsborough for buyers?

Homeplace, Hillsborough is a balanced market where neither side dominates:

  • Homes sell about 1% above asking on average
  • 43% close above list price
  • 10 days typical time to go pending

Buyer strategy: contingencies are more accepted, and there is time to tour and negotiate without extreme pressure.

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

At $9.00M with 20% down at 6.49%, the monthly cost breakdown:

  • $45,462 principal and interest
  • $9,375 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.”
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