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HILLSBOROUGH, NJ 08844

Real Estate Market Report  ·  Somerset County
Buyer's Market
April 2026  ·  Source: Realtor.com

Market Analysis

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

The HILLSBOROUGH, NJ real estate market (08844) currently shows 101 active listings, with 44 pending sales. Homes are averaging 18 days on the market before going under contract.

Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 18 days on market compared to 16 days last year.

The median listing price has fallen 11.7% year-over-year, from $671,000 to $592,450.

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
101
⇧ 14.8% vs 88 last year
Pending
44
44% pending ratio
Median Price
$592,450
⇩ 11.7% vs $671,000 last year
Average Price
$706,040
⇩ 3.7% vs $733,183 last year
Days on Market
18
⇧ 12.5% vs 16 days last year

Price Per Square Foot

Median $/sqft
$325
⇧ 0.9% vs $322/sqft last year
Median Home Size
2,127 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 101 this year vs 88 last year
  • Days on market: 18 now vs 16 last year

Median & Average Pricing

Year over Year
  • Median: $592,450 (-11.7% YoY)
  • Average: $706,040 (-3.7% 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 — 506 listings ($478,805,747 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
08844Hillsborough, NJ 088440.0 mi74$46,993,774$556,725$635,051
08853Neshanic Station, NJ 088534.2 mi4$4,926,000$1,255,000$1,231,500
08869Raritan, NJ 088695.4 mi5$2,762,250$552,450$552,450
08876Somerville, NJ 088766.3 mi30$17,649,210$599,750$588,307
08823Franklin Park, NJ 088237.0 mi15$6,189,645$369,900$412,643
08807Bridgewater, NJ 088077.0 mi46$32,640,082$597,000$709,567
08824Kendall Park, NJ 088248.3 mi27$19,597,896$699,900$725,848
08805Bound Brook, NJ 088058.7 mi13$7,573,033$579,225$582,541
08525Hopewell, NJ 085259.1 mi15$33,550,845$711,500$2,236,723
08540Princeton, NJ 085409.3 mi136$199,896,608$895,000$1,469,828
08542Princeton, NJ 0854210.0 mi9$19,050,714$2,074,750$2,116,746
08822Flemington, NJ 0882210.3 mi69$51,405,828$642,450$745,012
08902North Brunswick, NJ 0890210.6 mi63$36,569,862$467,450$580,474

Frequently Asked Questions

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

As of April 2026, there are 101 active listings in HILLSBOROUGH, NJ (zip code 08844), compared to 88 the prior year.

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

The median listing price in HILLSBOROUGH, NJ 08844 is $592,450 as of April 2026, a 11.7% decrease from $671,000 the prior year.

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

Homes in HILLSBOROUGH, NJ 08844 spend an average of 18 days on the market before going under contract, compared to 16 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 April 2026, HILLSBOROUGH, NJ 08844 is currently a Buyer's Market. Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 18 days on market compared to 16 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 $11,849 compared to a typical 5% commission on the median listing price of $592,450. 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.