16 homes in Hillsborough

Hillsborough is an incorporated town in San Mateo County, California, United States, in the San Francisco Bay Area. It is located 17 miles (27 km) south of San Francisco on the San Francisco Peninsula, bordered by Burlingame to the north, San Mateo to the east, Highlands-Baywood Park to the south, and Interstate 280 to the west. The population was 11,387 at the 2020 census.
Hillsborough is a community in California offering diverse housing options and local amenities. The city provides residents with access to quality schools, parks, shopping, and dining, making it an attractive option for homebuyers seeking scenic living in the greater California region.
Today, Hillsborough has 16 homes for sale at a median price of $11,500,000, typically selling in about 137 days. Families here choose from 4 schools rated 8 or higher on the Topfind School Score.
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Topfind Market Read
The picture is mixed here. Sale prices are up 26% over the last six months and 23% over the past year, yet the typical home takes about 137 days to sell, and selling times have slowed 54% versus six months ago, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$11.50M
↑ 23% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
3.2 months of supply
Balanced Supply16 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~137 days.
Sales Velocity
How fast homes are selling
Homes are sitting on the market, so buyers often have strong leverage to negotiate price, terms, and repairs. The slowdown has deepened 54% versus six months ago.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 50% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in Hillsborough
Homeownership is significantly higher than average, making this a homeowner-dominated market with more long-term residents.
93%
Homeowners
7%
Renters
Homeownership is 37.5 points higher than the California average (55.5%)
3,550 households (2023)
Median Price by Bedroom
Home prices generally rise with bedroom count, though not every step adds value.
Each additional bedroom adds about $619K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 5 → 6 bedrooms (+$4.6M)
Price Reductions
2 listings have reduced their price
13% of active listings
Average reduction: 4.9% (~$564K)
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