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Chapel Hill

Chapel Hill Market Report

$579,889

AVERAGE PRICE OF 589 HOMES

$583,322

AVERAGE PRICE OF 258 HOMES WITH A POOL

$529,780

AVERAGE PRICE OF 5 DISTRESSED HOMES

$1,805,792

AVERAGE PRICE OF 39 MULTI-MILLION DOLLAR HOMES

$505,709

AVERAGE PRICE OF 206 NEWLY BUILT HOMES

$490,333

AVERAGE PRICE OF 12 REDUCED PRICE HOMES

Average Home

Average Price $579,889
Avg Bedrooms 2.81 beds
Avg Bathrooms 2.8 baths

Average Price by Bedrooms

1 bedroom $253,790
2 bedrooms $280,278
3 bedrooms $428,975
4 bedrooms $637,298
5 bedrooms $853,011
Chapel Hill Home Price Trends
  1/2019 12/2018 11/2018 10/2018 9/2018
Total Listings 512 557 651 698 712
Average Price $584,837 $595,619 $606,475 $603,816 $596,193
Avg Price Change -1.84% -1.82% +0.44% +1.28% +0.53%
Median Price $492,456 $494,728 $500,070 $492,563 $478,119
Med Price Change -0.46% -1.08% +1.52% +3.02% +1.07%
Avg Bedrooms 3.05 beds 3.19 beds 3.39 beds 3.67 beds 3.94 beds
Avg Bathrooms 2.79 baths 2.89 baths 2.95 baths 2.96 baths 3.09 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Ch/Carrboro - Carrboro 37 $646,256 122 days
Ch/Carrboro - Chapel Hill 70 $595,474 126 days
Ch/Carrboro - East Chapel Hill 113 $637,713 102 days
Chatham - Northwood 299 $562,801 143 days
Durham - Jordan 46 $474,366 111 days
Other High School 1 $265,100 114 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 589 $579,889 121 days
Homes with a Pool 258 $583,322 120 days
Distressed Homes 5 $529,780 202 days
Multi-Million Dollar Homes 39 $1,805,792 229 days
Newly Built Homes 206 $505,709 168 days
Reduced Price Homes 12 $490,333 138 days

School Data

Highly Rated Chapel Hill Schools

9

PEARSONTOWN ELEMENTARY
Elementary School
Public

8

CHATHAM CHARTER
Middle School
Public

9

GREY CULBRETH MIDDLE SCHOOL
Middle School
Public

8
9

MCDOUGLE MIDDLE SCHOOL
Middle School
Public

9

PERRY W HARRISON ELEMENTARY
Middle School
Public

8

CARRBORO HIGH SCHOOL
High School
Public

8

CHAPEL HILL HIGH SCHOOL
High School
Public

8

WAKE EARLY COLL HEAL
High School
Public

Triangle Home Crew Realty, LLC
Susan Crawford
PO Box 1268
Hillsborough, NC 27278
919-491-4663

Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS. Last updated: February 23, 2019
Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2019 Triangle MLS, Inc. of North Carolina. All rights reserved. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.” Listings were last updated February 23, 2019
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