Housing in Hillsborough, NJ is significantly more expensive than the US median value of $338,100. The median value of a house in Hillsborough, NJ is $554,000, nearly double that of the national average. Despite this higher price tag, the appreciation rate for houses in Hillsborough has been even greater than the US average over the past year at 10.79%, compared to 8.27% nationally. In other words, those who own homes in Hillsborough have seen their investments rise even faster than those across America.
The median home cost in Hillsborough township is $554,000. Home appreciation the last 10 years has been 60.4%. Home Appreciation in Hillsborough township is up 15.1%.
Average Age of Homes
- The median age of Hillsborough township real estate is 34 years old
The Rental Market in Hillsborough township
- Renters make up 12.7% of the Hillsborough township population
- 0.0% of houses and apartments in Hillsborough township, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.