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Chapel Hill

Chapel Hill Market Report

$585,499

AVERAGE PRICE OF 802 HOMES

$504,660

AVERAGE PRICE OF 5 DISTRESSED HOMES

$1,597,877

AVERAGE PRICE OF 62 MULTI-MILLION DOLLAR HOMES

$495,807

AVERAGE PRICE OF 207 NEWLY BUILT HOMES

$556,317

AVERAGE PRICE OF 344 HOMES WITH A POOL

$558,863

AVERAGE PRICE OF 25 REDUCED PRICE HOMES

Average Home

Average Price $585,499
Avg Bedrooms 3.58 beds
Avg Bathrooms 3.29 baths

Average Price by Bedrooms

1 bedroom $152,599
2 bedrooms $309,690
3 bedrooms $481,858
4 bedrooms $569,528
5 bedrooms $807,812
Chapel Hill Home Price Trends
  5/2019 4/2019 3/2019 2/2019 1/2019
Total Listings 836 788 674 557 512
Average Price $582,506 $587,770 $585,677 $581,108 $584,837
Avg Price Change -0.90% +0.36% +0.79% -0.64% -1.84%
Median Price $494,909 $498,659 $493,778 $484,846 $492,456
Med Price Change -0.76% +0.99% +1.84% -1.57% -0.46%
Avg Bedrooms 3.75 beds 3.83 beds 3.83 beds 2.81 beds 3.05 beds
Avg Bathrooms 3.07 baths 3.04 baths 2.91 baths 2.79 baths 2.79 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cedar Ridge 1 $514,000 86 days
Ch/Carrboro - Carrboro 60 $710,433 112 days
Ch/Carrboro - Chapel Hill 114 $561,456 86 days
Ch/Carrboro - East Chapel Hill 202 $617,235 76 days
Chatham - Northwood 343 $579,159 141 days
Durham - Jordan 53 $451,423 116 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 802 $585,499 81 days
Distressed Homes 5 $504,660 319 days
Multi-Million Dollar Homes 62 $1,597,877 194 days
Newly Built Homes 207 $495,807 172 days
Homes with a Pool 344 $556,317 111 days
Reduced Price Homes 25 $558,863 95 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

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: June 16, 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 June 16, 2019