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HILLSBOROUGH, NJ 08844

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The HILLSBOROUGH, NJ real estate market (08844) currently shows 74 active listings, with 36 pending sales. Homes are averaging 40 days on the market before going under contract.

Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 40 days on market compared to 21 days last year.

The median listing price has risen 15.4% year-over-year, from $482,250 to $556,725.

Whether you are buying or selling in HILLSBOROUGH, NJ, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 43,077  ·  Density: 301.5/mi²  ·  Median household income: $153,091

Typical home value: $505,736  ·  Homeownership: 82.7%

Market Overview

Active Listings
74
⇧ 19.4% vs 62 last year
Pending
36
49% pending ratio
Median Price
$556,725
⇧ 15.4% vs $482,250 last year
Average Price
$635,051
⇩ 3.2% vs $656,163 last year
Days on Market
40
⇧ 90.5% vs 21 days last year

Price Per Square Foot

Median $/sqft
$317
⇧ 0.3% vs $316/sqft last year
Median Home Size
1,701 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 74 this year vs 62 last year
  • Days on market: 40 now vs 21 last year

Median & Average Pricing

Year over Year
  • Median: $556,725 (+15.4% YoY)
  • Average: $635,051 (-3.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 10.6 miles — 479 listings ($431,456,187 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
08844Hillsborough, NJ 088440.0 mi68$39,342,488$440,000$578,566
08853Neshanic Station, NJ 088534.2 mi4$3,600,000$900,000$900,000
08869Raritan, NJ 088695.4 mi5$2,992,375$600,000$598,475
08876Somerville, NJ 088766.3 mi31$18,664,666$612,500$602,086
08823Franklin Park, NJ 088237.0 mi16$7,734,800$392,450$483,425
08807Bridgewater, NJ 088077.0 mi46$33,025,562$595,000$717,947
08824Kendall Park, NJ 088248.3 mi21$13,781,145$636,000$656,245
08805Bound Brook, NJ 088058.7 mi17$8,984,925$544,950$528,525
08525Hopewell, NJ 085259.1 mi13$27,894,100$725,000$2,145,700
08540Princeton, NJ 085409.3 mi125$183,115,625$830,500$1,464,925
08542Princeton, NJ 0854210.0 mi6$12,973,500$2,625,000$2,162,250
08822Flemington, NJ 0882210.3 mi61$43,061,059$615,000$705,919
08902North Brunswick, NJ 0890210.6 mi66$36,285,942$464,900$549,787

Frequently Asked Questions

How many homes are for sale in HILLSBOROUGH, NJ 08844?

As of February 2026, there are 74 active listings in HILLSBOROUGH, NJ (zip code 08844), compared to 62 the prior year.

What is the median home price in HILLSBOROUGH, NJ 08844?

The median listing price in HILLSBOROUGH, NJ 08844 is $556,725 as of February 2026, a 15.4% increase from $482,250 the prior year.

How long do homes stay on the market in HILLSBOROUGH, NJ?

Homes in HILLSBOROUGH, NJ 08844 spend an average of 40 days on the market before going under contract, compared to 21 days the prior year.

Is it a seller's or buyer's market in HILLSBOROUGH, NJ 08844?

Based on current inventory and days-on-market data as of February 2026, HILLSBOROUGH, NJ 08844 is currently a Buyer's Market. Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 40 days on market compared to 21 days last year.

How much can I save on real estate commission in HILLSBOROUGH, NJ?

With SELL123.com's maximum 3% commission, sellers in HILLSBOROUGH, NJ 08844 save an estimated $11,135 compared to a typical 5% commission on the median listing price of $556,725. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.