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Chapel Hill Market Report

$886,988

AVERAGE PRICE OF 623 HOMES

$430,450

AVERAGE PRICE OF 4 DISTRESSED HOMES

$1,878,951

AVERAGE PRICE OF 180 MULTI-MILLION DOLLAR HOMES

$1,056,845

AVERAGE PRICE OF 119 NEWLY BUILT HOMES

$1,178,473

AVERAGE PRICE OF 94 HOMES WITH A POOL

$867,833

AVERAGE PRICE OF 8 REDUCED PRICE HOMES

Average Home

Average Price $886,988
Avg Bedrooms 2.6 beds
Avg Bathrooms 3.08 baths

Average Price by Bedrooms

1 bedroom $273,204
2 bedrooms $335,415
3 bedrooms $634,036
4 bedrooms $1,213,309
5 bedrooms $1,611,308
Chapel Hill Home Price Trends
  11/2023 10/2023 9/2023 8/2023 7/2023
Total Listings 363 390 378 391 390
Average Price $901,588 $905,257 $885,066 $878,020 $894,655
Avg Price Change -0.41% +2.28% +0.80% -1.89% +3.26%
Median Price $651,402 $647,458 $637,654 $647,072 $680,129
Med Price Change +0.61% +1.54% -1.48% -5.11% +1.10%
Avg Bedrooms 2.15 beds 1.75 beds 1.91 beds 2.17 beds 2.33 beds
Avg Bathrooms 2.69 baths 1.95 baths 1.96 baths 2.22 baths 2.38 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cedar Ridge 25 $836,520 218 days
Ch/Carrboro - Chapel Hill 48 $721,531 4 days
Ch/Carrboro - East Chapel Hill 53 $951,610 4 days
Chapel Hill 69 $764,705 101 days
Chatham - Northwood 36 $513,721 4 days
Chatham - Seaforth 71 $1,128,163 4 days
East Chapel Hill 74 $970,822 91 days
Northwood 39 $557,563 232 days
Orange - Cedar Ridge 20 $798,900 5 days
Seaforth 104 $1,081,737 146 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 623 $886,988 166 days
Distressed Homes 4 $430,450 127 days
Multi-Million Dollar Homes 180 $1,878,951 75 days
Newly Built Homes 119 $1,056,845 81 days
Homes with a Pool 94 $1,178,473 48 days
Reduced Price Homes 8 $867,833 52 days
Triangle Home Crew Realty, LLC
Susan Crawford
1717 Legion Rd Suite 101
Chapel Hill, NC 27517
919-491-4663

Fair Housing/Equal Opportunity
Terms of Use Privacy Notice DMCA
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: December 7, 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 December 7, 2023
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