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Chapel Hill Market Report

$609,214

AVERAGE PRICE OF 620 HOMES

$1,624,325

AVERAGE PRICE OF 50 MULTI-MILLION DOLLAR HOMES

$546,384

AVERAGE PRICE OF 165 NEWLY BUILT HOMES

$589,445

AVERAGE PRICE OF 274 HOMES WITH A POOL

$514,319

AVERAGE PRICE OF 26 REDUCED PRICE HOMES

$306,266

AVERAGE PRICE OF 3 DISTRESSED HOMES

Average Home

Average Price $609,214
Avg Bedrooms 3.36 beds
Avg Bathrooms 3.26 baths

Average Price by Bedrooms

1 bedroom $211,380
2 bedrooms $365,080
3 bedrooms $382,485
4 bedrooms $562,051
5 bedrooms $1,126,778
Chapel Hill Home Price Trends
  6/2020 5/2020 4/2020 3/2020 2/2020
Total Listings 632 587 594 613 529
Average Price $611,292 $608,700 $594,652 $606,143 $585,671
Avg Price Change +0.43% +2.36% -1.93% +3.50% +0.07%
Median Price $519,642 $515,177 $505,446 $519,573 $502,011
Med Price Change +0.87% +1.93% -2.79% +3.50% +2.01%
Avg Bedrooms 3.5 beds 3.51 beds 3.52 beds 3.39 beds 3.2 beds
Avg Bathrooms 3.37 baths 3.53 baths 3.53 baths 3.22 baths 3.16 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Carrboro 37 $622,209 85 days
Chapel Hill 106 $559,553 89 days
East Chapel Hill 152 $692,930 79 days
Jordan 33 $476,403 44 days
Northwood 271 $477,221 80 days
Other High School 1 $1,475,000 78 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 620 $609,214 89 days
Multi-Million Dollar Homes 50 $1,624,325 155 days
Newly Built Homes 165 $546,384 139 days
Homes with a Pool 274 $589,445 73 days
Reduced Price Homes 26 $514,319 94 days
Distressed Homes 3 $306,266 251 days
Triangle Home Crew Realty, LLC
Susan Crawford
1717 Legion Rd Suite 101
Chapel Hill, NC 27517
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: July 16, 2020
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 2020 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 July 16, 2020