Market Overview
Home Prices in Hillsborough, CA
The median home value in Hillsborough, CA is $5,486,661 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 9.9% compared to a year ago and up 0.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Hillsborough are priced1238% above average. Hillsborough is part of the San Francisco-Oakland-Berkeley, CA metro area.
Over the past five years, Hillsborough home values have risen by approximately15.1%, reflecting steady appreciation in this market.
Price History
Hillsborough Home Price Trend
City Comparison
Hillsborough vs. National Median
At $5,486,661, homes in Hillsborough cost 1238% above the national median of $410,000. Buyers in Hillsborough should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Hillsborough?
20% Down Payment
$1,097,332
on $5,486,661
Monthly P&I
$28,615/mo
30-yr @ 6.8%
Total Monthly Est.
~$36,341/mo
incl. taxes & insurance
Income Needed
$1,453,640
gross annual (30% rule)
10% Down Option
$548,666
+ PMI applies
Loan Amount (20% dn)
$4,389,329
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Hillsborough, CA?
The median home value in Hillsborough is $5,486,661 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 9.9% year-over-year.
How much have home prices changed in Hillsborough?
Over the past year, home values in Hillsborough have increased by 9.9%. Over five years, prices have risen approximately 15.1%.
How much do I need to earn to buy a home in Hillsborough?
To comfortably afford the median home price of $5,486,661 with a 20% down payment ($1,097,332) at today's rates (6.8%), you'd need a gross annual income of approximately $1,453,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Hillsborough compare to the national average home price?
The national median home value is approximately $410,000. At $5,486,661, homes in Hillsborough are 1238% above the national average.
What metro area is Hillsborough part of?
Hillsborough is part of the San Francisco-Oakland-Berkeley, CA metropolitan area. Home prices and market conditions can vary across the broader metro region.