Hillsborough, NH 03244 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Hillsborough, NH—03244

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$381,000

2.2% YoY Growth

Household Income

$93,900

32.3% YoY Growth

Days on Market

13.0% Longer YoY

Home Price Forecast

4.0%

Median Rent

$1,650

8.8% YoY Growth

1-Bed Rent

$1,500

N/A

2-Bed Rent

$1,700

2.3% YoY Growth

3-Bed Rent

$2,800

N/A

Home Price Trends — Hillsborough, NH

As of Dec '25, the median home price in Hillsborough, NH is $381,000, with a year-over-year change of 2.2%. This indicates that home prices in Hillsborough, NH are increasing. According to Zillow, the 1-year price projection is 4.0%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$381,000	2.2%
Single Family	$385,000	2.1%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Hillsborough, NH

As of July '25, Rentcast reports the average rent in Hillsborough, NH is $1,850, with a year-over-year rent change of 8.8%. Per bedroom, the median rent as of July '25 in Hillsborough, NH is 1-bedrooms: $1,430, 2-bedrooms: $1,710, 3-bedrooms: $2,920. The most common rental property sizes in Hillsborough, NH are 2-bedroom and 1-bedroom, accounting for 42.9% and 28.2% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,650	$1,850
Studio Rent	N/A	N/A
1 Bed Rent	$1,500	$1,430
2 Bed Rent	$1,700	$1,710
3 Bed Rent	$2,800	$2,920
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

2.1%

1 Bedroom

28.2%

2 Bedrooms

42.9%

3 Bedrooms

14.6%

4 Bedrooms

12.1%

Property Listings — Hillsborough, NH

As of Dec '25, Realtor.com reports that the median days on market for a home in Hillsborough, NH is 48. This is a increase of 15.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 20.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$420,000	-16.0%
Listing Count	23	32.0%
Listings as % of Homes	0.5%	32.0%
Days on Market	65	13.0%

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Demographics — Hillsborough, NH

As of the latest ACS Survey released in 2023, Hillsborough, NH has a population of 8,000, which has increased by 1.4% over the past 5 years. Hillsborough, NH is a moderately popular place for families, as children make up 21.6% of the population. The area has a poorly educated workforce, with 24.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.1% reporting working from home.

Metric	Latest Census	YoY % Change
Population	8,000	1.4%
% Under 18	21.6%	-7.3%
% Seniors	15.4%	-4.3%
% WFH	11.1%	1.8%
% w/ College Degree	24.7%	-2.4%

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As of the latest ACS Survey released in 2023, Hillsborough, NH is a predominantly white area, with 89.6% of the population identifying as white. The white population has shrunk by 6.7% in the last 5 years. The second most common race or ethnicity in Hillsborough, NH is hispanic, making up 4.3% of the population. Foreign-born residents account for 3.1% of the population in Hillsborough, NH, and this percentage has increased by 121.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	89.6%	-6.7%
% Black	0.7%	75.0%
% Hispanic	4.3%	2,050.0%
% Asian	0.3%	-25.0%
% Foreign Born	3.1%	121.4%

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Mortgage and Risk — Hillsborough, NH

According to HUD data as of 2023, there were 247 mortgage originations in Hillsborough, NH, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Hillsborough, NH. Investor activity is low, as 2.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	247
% Conventional Loans	75.0%
% Government Loans	25.0%
% Investor Loans	2.0%
% Second Loans	4.0%
% Cash Out Refinance	13.0%

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Rentals and Section 8 — Hillsborough, NH

Hillsborough, NH lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	79
Total Units Section 8	79
% Rentals under Section 8	27.1%
% Occupied Section 8	95.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$330	$1,500	$1,170
2 Bedroom	-$160	$1,700	$1,540
3 Bedroom	-$910	$2,800	$1,890
4 Bedroom	N/A	N/A	$2,370

Hillsborough, NH—03244

Key Metrics at a Glance

Home Price Trends — Hillsborough, NH

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Hillsborough, NH

% of Rental Stock

Property Listings — Hillsborough, NH

Demographics — Hillsborough, NH

Race and Ethnicity

Mortgage and Risk — Hillsborough, NH

Mortgages

Rentals and Section 8 — Hillsborough, NH

Section 8 Market Size

Section 8 Opportunity

Affordability — Hillsborough, NH

Home Price to Income Ratio

Hillsborough, NH — ZIP Code Boundary Map

Nearby ZIP Codes

Antrim, NH

Bennington, NH

Henniker, NH

Bradford, NH

Hancock, NH

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.5
Median Home Price	$381,000
Median Household Income	$93,900

Hillsborough, NH—03244

Key Metrics at a Glance

Home Price Trends — Hillsborough, NH

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Hillsborough, NH

% of Rental Stock

Property Listings — Hillsborough, NH

Demographics — Hillsborough, NH

Race and Ethnicity

Mortgage and Risk — Hillsborough, NH

Mortgages

Rentals and Section 8 — Hillsborough, NH

Section 8 Market Size

Section 8 Opportunity

Affordability — Hillsborough, NH

Home Price to Income Ratio

Hillsborough, NH — ZIP Code Boundary Map

Nearby ZIP Codes

Antrim, NH

Bennington, NH

Henniker, NH

Bradford, NH

Hancock, NH

Frequently Asked Questions

What is the average home price in Hillsborough, NH 03244?

How have home prices in Hillsborough, NH 03244 changed over the past year?

What is the home price projection for Hillsborough, NH 03244?

What are the demographics of Hillsborough, NH 03244?

How long does it take homes to sell in Hillsborough, NH 03244?

What is the average rent price in Hillsborough, NH 03244?