Housing in 27278 Hillsborough, NC is more expensive than the US median value of $338,100. The median housing value in 27278 Hillsborough, NC is $425,800 which is significantly higher than the national median. In addition to this notable difference in housing prices, the one year appreciation rate for homes in 27278 Hillsborough, NC has been incredibly high at 16.52%, nearly double the rate of 8.27% seen nationally. This indicates that housing prices are rapidly appreciating in this area and that homes could be a great investment opportunity for potential buyers.
The median home cost in Hillsborough (zip 27278) is $425,800. Home appreciation the last 10 years has been 87.6%. Home Appreciation in Hillsborough (zip 27278) is up 23.2%.
Average Age of Homes
- The median age of Hillsborough (zip 27278) real estate is 29 years old
The Rental Market in Hillsborough (zip 27278)
- Renters make up 22.6% of the Hillsborough (zip 27278) population
- 1.4% of houses and apartments in Hillsborough (zip 27278), 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.