Chapel Hill Market Report
$662,932
AVERAGE PRICE OF 431 HOMES$669,332
AVERAGE PRICE OF 193 HOMES WITH A POOL$976,790
AVERAGE PRICE OF 1 DISTRESSED HOMES$1,565,237
AVERAGE PRICE OF 54 MULTI-MILLION DOLLAR HOMES$690,868
AVERAGE PRICE OF 152 NEWLY BUILT HOMES$432,983
AVERAGE PRICE OF 6 REDUCED PRICE HOMESAverage Home
| Average Price | $662,932 |
| Avg Bedrooms | 2.4 beds |
| Avg Bathrooms | 1.86 baths |
Average Price by Bedrooms
| 1 bedroom | $180,230 |
| 2 bedrooms | $400,188 |
| 3 bedrooms | $524,581 |
| 4 bedrooms | $548,776 |
| 5 bedrooms | $873,897 |
Chapel Hill Home Price Trends
| 6/2021 | 5/2021 | 4/2021 | 3/2021 | 2/2021 | |
|---|---|---|---|---|---|
| Total Listings | 495 | 511 | 483 | 451 | 6 |
| Average Price | $680,334 | $681,732 | $678,084 | $644,672 | $643,454 |
| Avg Price Change | -0.21% | +0.54% | +5.18% | +0.19% | +4.31% |
| Median Price | $595,174 | $589,987 | $578,870 | $547,535 | $583,887 |
| Med Price Change | +0.88% | +1.92% | +5.72% | -6.64% | +12.49% |
| Avg Bedrooms | 1.88 beds | 1.97 beds | 2.28 beds | 2.33 beds | 1.8 beds |
| Avg Bathrooms | 1.61 baths | 1.97 baths | 2.1 baths | 2.1 baths | 1.73 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Carrboro | 23 | $856,156 | 70 days |
| Chapel Hill | 66 | $399,551 | 240 days |
| Chatham Seaforth | 34 | $682,051 | 38 days |
| East Chapel Hill | 94 | $695,388 | 41 days |
| Northwood | 166 | $410,390 | 177 days |
| Other High School | 1 | $500,000 | 10 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 431 | $662,932 | 112 days |
| Homes with a Pool | 193 | $669,332 | 46 days |
| Distressed Homes | 1 | $976,790 | 10 days |
| Multi-Million Dollar Homes | 54 | $1,565,237 | 124 days |
| Newly Built Homes | 152 | $690,868 | 165 days |
| Reduced Price Homes | 6 | $432,983 | 26 days |
