HILLSBOROUGH HOUSING MARKET INFORMATION With a population of 10,883, 3,550 total housing units (homes and apartments), and a median house value of $6,286,826, Hillsborough house prices are not only among the most expensive in California, Hillsborough real estate also is some of the most expensive in all of America. Hillsborough is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Hillsborough than is found in 98% of the communities in America. The large homes that make up Hillsborough are primarily owner-occupied ( 92.87%). At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Hillsborough's housing was primarily built during this period, from the '40s through the '60s. A full 41.32% of the town's housing hails from this era. Other housing ages represented in Hillsborough include homes built between 1970-1999 ( 34.25%) and housing constructed before 1939 ( 12.72%). There's also some housing in Hillsborough built between 2000 and later ( 11.70%). HILLSBOROUGH HOME APPRECIATION RATES Hillsborough's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Hillsborough during the period has been just 5.12%, which is lower than 80% of US communities. Over the last year, Hillsborough appreciation rates have trailed the rest of the nation. In the last twelve months, Hillsborough's appreciation rate has been 3.73%, which is lower than appreciation rates in most communities in America. In the latest quarter, 蘑菇视频's data show that house appreciation rates in Hillsborough were at -0.78%, which equates to an annual appreciation rate of -3.08%. Notably, Hillsborough's appreciation rate in the latest quarter is one of the lowest in America. Relative to California, our data show that Hillsborough's latest annual appreciation rate is lower than 70% of the other cities and towns in California.