Home prices
The median home cost in Hillsborough is $261,200. It is roughly $18,680 (6%) lower in comparison to its nearby areas.Compared to the US as a whole it is roughly $43,700 (20%) higher, and in comparison to the city of Raleigh it is approximately $12,900 (5%) higher.
Rents
The median rent in Hillsborough is $1,025 per month. Compared to its surrounding areas it is about $11 (1%) higher.It is roughly $37 (3%) lower compared to the rest of the nation, and in comparison to the city of Raleigh is roughly $96 (8%) lower.
Nearby places
Mebane
Mebane is roughly 8 miles west from Hillsborough. The real estate prices there are substantially less expensive. The median home price in Mebane is $189,600, which works out to $71,600 (37%) lower than Hillsborough. The rent there is a little less expensive. The median rent in Mebane is $937 per month, which comes out to $88 (9%) lower than Hillsborough.
Woodlawn
Woodlawn is about 9 miles west of Hillsborough. Housing prices there are a bit less expensive. Woodlawn's median home value is $217,200, which works out to $44,000 (20%) lower than Hillsborough. The rent there is somewhat less expensive. The median rent in Woodlawn is $808 a month, which comes out to $217 (26%) lower than Hillsborough.
Carrboro
Carrboro is approximately 10 miles south from Hillsborough. Its real estate prices are a bit more expensive. The median home in Carrboro is valued at $368,800, which is $107,600 (29%) higher than Hillsborough. Its rents are pretty similar. The median rent in Carrboro is $1,078 per month, which comes out to $53 (4%) higher than Hillsborough.
Chapel Hill
Chapel Hill is approximately 10 miles south of Hillsborough. The housing prices there are a lot more expensive. The median home in Chapel Hill is valued at $399,700, which comes out to $138,500 (34%) higher than Hillsborough. Its rents are somewhat more expensive. In Chapel Hill the median monthly rent is $1,191, which is $166 (13%) higher than Hillsborough.
Durham
Durham is roughly 11 miles southeast from Hillsborough. Its real estate prices are somewhat less expensive. The median home in Durham costs $224,100, which comes out to $37,100 (16%) lower than Hillsborough. The rent there is similar. Durham's median rent is $1,058 a month, which comes out to $33 (3%) higher than Hillsborough.
