What are the current real estate trends in Hillsborough?
The real estate market in Hillsborough, NC, is characterized by steady demand and appreciating property values. This trend is driven by the town’s historic charm, excellent schools, and strategic location near major cities like Durham and Chapel Hill. The market features a variety of properties, including historic homes, modern single-family residences, and new developments. Due to limited inventory and high desirability, homes in Hillsborough often sell quickly and at competitive prices. The continuous interest from both local and out-of-state buyers ensures a dynamic and stable real estate market, making Hillsborough an attractive destination for homebuyers and investors.
How have property values in Hillsborough changed in recent years?
Property values in Hillsborough have seen significant appreciation over the past few years. This growth is largely due to the town’s appeal as a historic and picturesque community with a strong sense of identity. The increasing demand for homes, coupled with limited inventory, has driven up prices. The appreciation is also supported by the town’s excellent schools, vibrant cultural scene, and strategic location. As more people discover the benefits of living in Hillsborough, including its rich history and scenic surroundings, property values are expected to continue their upward trajectory, benefiting both homeowners and investors.
What types of properties are most common in Hillsborough?
Hillsborough offers a diverse range of properties, including historic homes, modern single-family houses, townhouses, and new developments. Single-family homes are the most prevalent, featuring a mix of architectural styles that reflect the town’s rich history and contemporary growth. The historic district is particularly known for its beautifully preserved homes, while newer neighborhoods offer modern designs with all the conveniences of contemporary living. Additionally, there are several developments that provide high-end living options with premium amenities. This variety ensures that prospective buyers can find properties that meet their specific needs and lifestyle preferences.
What should potential homebuyers know about purchasing real estate in Hillsborough?
Potential homebuyers in Hillsborough should be prepared for a competitive market where desirable properties can sell quickly. It is essential to have pre-approved financing and work with an experienced local real estate agent who understands the nuances of the Hillsborough market. Buyers should consider the long-term value of investing in a home in this historic town, as well as the benefits of living in a community with excellent schools, diverse amenities, and a strong sense of community. Understanding local zoning regulations, property taxes, and any homeowners’ association (HOA) fees is crucial for making informed decisions. Engaging with knowledgeable real estate professionals can provide valuable insights and assistance throughout the buying process.
Is Hillsborough a good area for real estate investment?
Hillsborough is considered a strong area for real estate investment due to its steady appreciation in property values and high demand for housing. The town’s strategic location near major employment centers, combined with its historic charm and quality of life, ensures a stable and attractive market for both residential and rental properties. Investors can benefit from Hillsborough’s growing popularity among homebuyers seeking a blend of small-town charm and urban convenience. The strong rental market, driven by professionals and families, offers opportunities for generating rental income. Conducting thorough market research and working with experienced local real estate professionals can help investors identify the most promising opportunities and maximize returns in Hillsborough’s dynamic real estate market.
9,342 people live in Hillsborough, where the median age is 44.8 and the average individual income is $46,442. Data provided by the U.S. Census Bureau.
Total Population
Median Age
Population Density Population Density This is the number of people per square mile in a neighborhood.
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There's plenty to do around Hillsborough, including shopping, dining, nightlife, parks, and more. Data provided by Walk Score and Yelp.
Explore popular things to do in the area, including Big Spoon Roasters, Hillsborough Wine Company, and Eno River Brewing.
Name | Category | Distance | Reviews |
Ratings by
Yelp
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Dining | 1.49 miles | 5 reviews | 5/5 stars | |
Dining · $$ | 0.48 miles | 11 reviews | 4.9/5 stars | |
Dining | 0.85 miles | 9 reviews | 4.9/5 stars | |
Dining · $ | 4.78 miles | 9 reviews | 4.9/5 stars | |
Dining | 0.58 miles | 9 reviews | 4.8/5 stars | |
Dining · $ | 1.35 miles | 99 reviews | 4.8/5 stars | |
Dining | 0.5 miles | 17 reviews | 4.6/5 stars | |
Dining | 1.22 miles | 7 reviews | 4.6/5 stars | |
Dining | 0.74 miles | 11 reviews | 4.5/5 stars | |
Shopping | 0.42 miles | 21 reviews | 4.8/5 stars | |
Active | 1.47 miles | 7 reviews | 5/5 stars | |
Active | 1.13 miles | 5 reviews | 5/5 stars | |
Active | 4.55 miles | 118 reviews | 4.8/5 stars | |
Active | 0.29 miles | 5 reviews | 4.8/5 stars | |
Beauty | 1.05 miles | 6 reviews | 5/5 stars | |
Beauty | 1.26 miles | 8 reviews | 5/5 stars | |
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Hillsborough has 3,914 households, with an average household size of 2.29. Data provided by the U.S. Census Bureau. Here’s what the people living in Hillsborough do for work — and how long it takes them to get there. Data provided by the U.S. Census Bureau. 9,342 people call Hillsborough home. The population density is 1,670.06 and the largest age group is Data provided by the U.S. Census Bureau.
Total Population
Population Density Population Density This is the number of people per square mile in a neighborhood.
Median Age
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Total Households
Average Household Size
Average individual Income
Households with Children
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Blue vs White Collar Workers
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Dana has a full range of real estate experiences - she has built new homes, purchased a handful of commercial and residential properties and completed multiple renovations. Contact her today!