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Chapel Hill

Chapel Hill Market Report

$586,058

AVERAGE PRICE OF 796 HOMES

$514,480

AVERAGE PRICE OF 5 DISTRESSED HOMES

$1,629,703

AVERAGE PRICE OF 64 MULTI-MILLION DOLLAR HOMES

$496,917

AVERAGE PRICE OF 197 NEWLY BUILT HOMES

$563,859

AVERAGE PRICE OF 341 HOMES WITH A POOL

$581,053

AVERAGE PRICE OF 32 REDUCED PRICE HOMES

Average Home

Average Price $586,058
Avg Bedrooms 3.82 beds
Avg Bathrooms 3.03 baths

Average Price by Bedrooms

1 bedroom $255,592
2 bedrooms $288,852
3 bedrooms $454,466
4 bedrooms $570,333
5 bedrooms $835,549
Chapel Hill Home Price Trends
  3/2019 2/2019 1/2019 12/2018 11/2018
Total Listings 674 557 512 557 651
Average Price $585,677 $581,108 $584,837 $595,619 $606,475
Avg Price Change +0.79% -0.64% -1.84% -1.82% +0.44%
Median Price $493,778 $484,846 $492,456 $494,728 $500,070
Med Price Change +1.84% -1.57% -0.46% -1.08% +1.52%
Avg Bedrooms 3.83 beds 2.81 beds 3.05 beds 3.19 beds 3.39 beds
Avg Bathrooms 2.91 baths 2.79 baths 2.79 baths 2.89 baths 2.95 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cedar Ridge 1 $514,000 30 days
Ch/Carrboro - Carrboro 62 $663,535 88 days
Ch/Carrboro - Chapel Hill 109 $561,494 91 days
Ch/Carrboro - East Chapel Hill 195 $642,427 67 days
Chatham - Northwood 345 $586,263 133 days
Durham - Jordan 55 $400,512 88 days
Other High School 1 $498,000 44 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 796 $586,058 69 days
Distressed Homes 5 $514,480 263 days
Multi-Million Dollar Homes 64 $1,629,703 165 days
Newly Built Homes 197 $496,917 172 days
Homes with a Pool 341 $563,859 103 days
Reduced Price Homes 32 $581,053 83 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

ORANGE CHARTER
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: April 21, 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 April 21, 2019
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