Chapel Hill Market Report
$773,472
AVERAGE PRICE OF 487 HOMES$840,568
AVERAGE PRICE OF 116 HOMES WITH A POOL$1,687,275
AVERAGE PRICE OF 103 MULTI-MILLION DOLLAR HOMES$919,082
AVERAGE PRICE OF 120 NEWLY BUILT HOMES$753,339
AVERAGE PRICE OF 25 REDUCED PRICE HOMESAverage Home
| Average Price | $773,472 |
| Avg Bedrooms | 2.8 beds |
| Avg Bathrooms | 2.69 baths |
Average Price by Bedrooms
| 1 bedroom | $447,000 |
| 2 bedrooms | $310,451 |
| 3 bedrooms | $551,268 |
| 4 bedrooms | $782,651 |
| 5 bedrooms | $1,213,535 |
Chapel Hill Home Price Trends
| 8/2022 | 7/2022 | 6/2022 | 5/2022 | 4/2022 | |
|---|---|---|---|---|---|
| Total Listings | 440 | 444 | n/a | n/a | n/a |
| Average Price | $782,540 | $775,057 | n/a | n/a | n/a |
| Avg Price Change | +0.97% | n/a | n/a | n/a | n/a |
| Median Price | $635,140 | $637,888 | n/a | n/a | n/a |
| Med Price Change | -0.43% | n/a | n/a | n/a | n/a |
| Avg Bedrooms | 2.31 beds | 2 beds | n/a | n/a | n/a |
| Avg Bathrooms | 2.62 baths | 2.24 baths | n/a | n/a | n/a |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Carrboro | 1 | $675,000 | 4 days |
| Cedar Ridge | 39 | $534,094 | 60 days |
| Chapel Hill | 72 | $557,037 | 239 days |
| East Chapel Hill | 96 | $697,646 | 39 days |
| Northwood | 99 | $709,474 | 57 days |
| Other High School | 1 | $939,000 | 389 days |
| Seaforth | 116 | $908,512 | 48 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 487 | $773,472 | 141 days |
| Homes with a Pool | 116 | $840,568 | 41 days |
| Multi-Million Dollar Homes | 103 | $1,687,275 | 57 days |
| Newly Built Homes | 120 | $919,082 | 57 days |
| Reduced Price Homes | 25 | $753,339 | 50 days |
