Is Hillsboro, TN 37342 a buyer’s or seller’s market?
Hillsboro is a seller’s market. With about 3.6 months of supply and 13% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 23% of U.S. ZIP codes, and #168 of 299 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Hillsboro housing market right now
In the three months ending August 31, 2026, 13% of homes in Hillsboro, TN 37342 sold above their list price, the typical home went under contract in 50 days and there were 3.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 16 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 38%, homes sold faster (77 days then) and the median sale price rose 38% to $336,105. Overall, Hillsboro is less competitive than a year ago, which gives buyers more room.
On our competition score, Hillsboro ranks #168 of 299 TN ZIP codes with enough sales (score 28 out of 100).
Nearby, buyers who want less competition could look at Beechgrove 37018 (0% sold over asking), while Tullahoma 37388 (17% sold over asking) is even more competitive.
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Nearby markets
Beechgrove 37018Buyer’s market $187 /sq ftManchester 37355Balanced $202 /sq ftTullahoma 37388Balanced $193 /sq ft Browse all markets →Towns like Hillsboro nearby
Find towns like Hillsboro in other states →Where Hillsboro is
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Questions about Hillsboro real estate
Is Hillsboro a buyer’s or seller’s market?
A seller’s market: there were 3.6 months of supply in Hillsboro, TN 37342 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Hillsboro?
The typical home went under contract in 50 days in the latest three months.
Do homes in Hillsboro sell over asking?
13% of homes sold above their original list price, and the typical sale closed at 95.9% of the list price.
What are property taxes in Hillsboro?
About 0.57% of a home’s value a year in Coffee County, or roughly $2,280 on a $400,000 home.
What is the median home price in Hillsboro?
The median sale price was $336,105 in the three months ending August 31, 2026, about $185 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology