Is Hillsboro, ND 58045 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Hillsboro is a seller’s market. With about 3.2 months of supply and 14% 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.

Months of supply3.2Under 4 months = seller’s market
Sold above original list14.3%Share of sales, last 3 months
Median sale-to-list99.1%Sold price ÷ list price
Median days on market19Listing to accepted offer
Median price per sq ft$163▲ +35.1% vs. last year

The Hillsboro housing market right now

In the three months ending August 31, 2026, 14% of homes in Hillsboro, ND 58045 sold above their list price, the typical home went under contract in 19 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 7 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (94 days then) and the median sale price rose 67% to $374,838. Overall, Hillsboro is more competitive than a year ago, so tougher for buyers.

Nearby, buyers who want less competition could look at Mayville 58257 (0% sold over asking) or Cummings 58223 (0% sold over asking), while Buxton 58218 (50% sold over asking) is even more competitive.

Nearby markets

Blanchard 58009 — /sq ftBuxton 58218Balanced $160 /sq ftClifford 58016 — /sq ftCummings 58223 $276 /sq ft Browse all markets →

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 3.2 months of supply in Hillsboro, ND 58045 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 19 days in the latest three months.

Do homes in Hillsboro sell over asking?

14% of homes sold above their original list price, and the typical sale closed at 99.1% of the list price.

What are property taxes in Hillsboro?

About 1.03% of a home’s value a year in Traill County, or roughly $4,120 on a $400,000 home.

What is the median home price in Hillsboro?

The median sale price was $374,838 in the three months ending August 31, 2026, about $163 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