Photo: Gary gary gary at en.wikipedia · CC BY 3.0137 homes sold in Hillsborough in the last year, at a typical $6.2M
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Hillsborough homes are listed.
Every place Hillsborough homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Hillsborough.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 100% of Hillsborough’s sales, at a typical $6.2M
137 homes sold in the year to May 2026.
typical sale · 137 sold in 12 months
- Per square foot
- $1,511CA $494
- Days to sell
- 24
- Sold over asking
- 37%
- Listings with a price cut
- 23%
About as many homes sell as usual, at 1.5 times the 2016 price
137 sales in the last year, against 171 in 2021 and a low of 98 in 2023. The typical sale went from $4M in 2016 to $6.2M.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $2M buys in Hillsborough
Check a listing against what Hillsborough homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Hillsborough are back to pre-pandemic levels, but a third fewer homes come up for sale
We read every month of Hillsborough’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 137 sales.
If you’re buying in Hillsborough
- Shop in September. It brings about 17 new listings a month, close to the busiest month, with fewer bidding wars (31% over asking).
- You can negotiate. 23% of listings have cut their price, against 19% before the pandemic.
- Bid near asking. Buyers paid 100.1% of the list price on average; 37% paid over.
- Move fast on good ones. Half of homes are under contract within two weeks.
Spring brings the homes; summer brings the bidding wars
May has the most new listings (about 18 a month), but June is the most competitive: 42% of June sales close over asking. September offers nearly as much choice with fewer homes bid up (31%). January has the least competition (21%) but only about 9 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and about like California as a whole
| Hillsborough now | 2017–19 | 2021 peak | CA now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 37% | 37% | 45% | 36% |
| Gone within two weeksShare of homes under contract within 14 days | 53% | 40% | 55% | 31% |
| Listings with a price cutShare of homes for sale that cut their price | 23% | 19% | 15% | 24% |
| Price paid vs. askingAverage sale price ÷ list price | 100.1% | 99.3% | 101.5% | 99.7% |
| Days to sellMedian days from listing to contract | 24 | 37 | 23 | 44 |
19 homes for sale on a typical day
That’s 35% fewer than in 2017–19 and well under 2012’s 48.
1 in 4 listings has cut its price
23% in the last year, against 19% in 2017–19 and 24% across California.
Hillsborough ranks 255th of 555 busy California markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Hillsborough is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Five things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 3.
Best time to buySchools
The schools grade for Hillsborough, from test results, graduation and how much students grow.
Schools in HillsboroughTypical commute
The average one-way trip to work for people who live in Hillsborough.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Baywood Park, Burlingame, San Mateo, Highlands, Millbrae and Belmont sell for less a square foot
The busier markets within 25 miles of Hillsborough, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| San Mateo | 837 | $1.6M | $1,040 | 54% | 18 |
| Burlingame | 239 | $2.7M | $1,389 | 54% | 17 |
| Belmont | 180 | $2.2M | $1,227 | 64% | 16 |
| Millbrae | 152 | $1.9M | $1,128 | 61% | 18 |
| Hillsborough | 137 | $6.2M | $1,511 | 37% | 24 |
| Highlands | 29 | $2.6M | $1,408 | 69% | 17 |
| Baywood Park | 26 | $2.8M | $1,346 | 73% | 44 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Hillsborough, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Hillsborough. People who follow the town see it, and so do people comparing Hillsborough with their own town. No commission, no listing fee.
Questions about buying a home in Hillsborough
What do homes sell for in Hillsborough, CA?
137 homes sold in the year to May 2026 at a typical $6.2M, $1,511 a square foot.
Is Hillsborough a buyer’s or seller’s market?
A seller’s market: 18 homes were for sale in May 2026 and 15 sold, about 1.2 months of supply. Buyers paid 100.1% of asking on average, and 23% of listings cut their price.
When is the best time to buy in Hillsborough?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
Where can I see homes for sale in Hillsborough?
Zillow, Redfin, Realtor.com and Homes.com all carry Hillsborough’s MLS listings; the search links above open each one filtered to Hillsborough.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).