Housing in 08844 Hillsborough, NJ is quite expensive compared to the US median housing value. The median house value in 08844 Hillsborough, NJ is $521,000, almost 55% higher than the US median of $338,100. Furthermore, the house appreciation rate for 08844 Hillsborough over the past year has been 10.79%, which is 2.52% higher than the US median of 8.27%. This shows that housing values are increasing rapidly in 08844 Hillsborough and that it is a desirable market for those looking to invest in real estate.
The median home cost in Hillsborough (zip 08844) is $521,000. Home appreciation the last 10 years has been 60.4%. Home Appreciation in Hillsborough (zip 08844) is up 15.1%.
Average Age of Homes
- The median age of Hillsborough (zip 08844) real estate is 34 years old
The Rental Market in Hillsborough (zip 08844)
- Renters make up 12.7% of the Hillsborough (zip 08844) population
- 0.0% of houses and apartments in Hillsborough (zip 08844), 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.