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Chapel Hill Market Report

$817,760

AVERAGE PRICE OF 318 HOMES

$982,699

AVERAGE PRICE OF 95 NEWLY BUILT HOMES

$973,933

AVERAGE PRICE OF 3 DISTRESSED HOMES

$1,766,373

AVERAGE PRICE OF 79 MULTI-MILLION DOLLAR HOMES

$911,299

AVERAGE PRICE OF 78 HOMES WITH A POOL

$1,029,978

AVERAGE PRICE OF 9 REDUCED PRICE HOMES

Average Home

Average Price $817,760
Avg Bedrooms 2.06 beds
Avg Bathrooms 2.2 baths

Average Price by Bedrooms

1 bedroom $450,000
2 bedrooms $446,064
3 bedrooms $605,892
4 bedrooms $977,900
5 bedrooms $1,330,402
Chapel Hill Home Price Trends
  1/2023 12/2022 11/2022 10/2022 9/2022
Total Listings 306 350 429 461 458
Average Price $831,251 $848,053 $823,147 $810,769 $773,942
Avg Price Change -2.02% +3.03% +1.53% +4.76% -1.11%
Median Price $660,146 $659,546 $666,653 $666,332 $636,969
Med Price Change +0.09% -1.08% +0.05% +4.61% +0.29%
Avg Bedrooms 2.31 beds 2.37 beds 1.94 beds 2.05 beds 2.78 beds
Avg Bathrooms 2.45 baths 2.51 baths 2.07 baths 2.18 baths 2.88 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cedar Ridge 26 $479,092 154 days
Chapel Hill 38 $513,029 532 days
East Chapel Hill 49 $952,548 85 days
Northwood 62 $679,159 100 days
Other High School 1 $939,000 521 days
Seaforth 105 $838,448 109 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 318 $817,760 350 days
Newly Built Homes 95 $982,699 100 days
Distressed Homes 3 $973,933 30 days
Multi-Million Dollar Homes 79 $1,766,373 126 days
Homes with a Pool 78 $911,299 107 days
Reduced Price Homes 9 $1,029,978 106 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: February 6, 2023
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 2023 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 February 6, 2023
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