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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 HOMES

Average 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
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 27, 2021
Information Deemed Reliable But Not Guaranteed.
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 2021 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 27, 2021
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