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Chapel Hill Market Report

$858,140

AVERAGE PRICE OF 435 HOMES

$354,300

AVERAGE PRICE OF 3 DISTRESSED HOMES

$993,660

AVERAGE PRICE OF 86 HOMES WITH A POOL

$786,299

AVERAGE PRICE OF 13 REDUCED PRICE HOMES

$1,873,318

AVERAGE PRICE OF 105 MULTI-MILLION DOLLAR HOMES

$1,037,807

AVERAGE PRICE OF 63 NEWLY BUILT HOMES

Average Home

Average Price $858,140
Avg Bedrooms 2.33 beds
Avg Bathrooms 2.24 baths

Average Price by Bedrooms

1 bedroom $264,800
2 bedrooms $332,944
3 bedrooms $530,786
4 bedrooms $768,905
5 bedrooms $1,598,716
Chapel Hill Home Price Trends
  5/2023 4/2023 3/2023 2/2023 1/2023
Total Listings 440 405 358 329 306
Average Price $859,761 $835,685 $851,145 $821,687 $831,251
Avg Price Change +2.88% -1.85% +3.59% -1.16% -2.02%
Median Price $682,176 $669,438 $655,625 $647,542 $660,146
Med Price Change +1.90% +2.11% +1.25% -1.95% +0.09%
Avg Bedrooms 2.38 beds 2.04 beds 2.1 beds 2.07 beds 2.31 beds
Avg Bathrooms 2.26 baths 2.08 baths 2.22 baths 2.21 baths 2.45 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cedar Ridge 31 $713,667 151 days
Chapel Hill 66 $451,729 570 days
Chatham - Northwood 1 $429,000 50 days
Chatham - Seaforth 1 $585,000 35 days
East Chapel Hill 100 $635,437 63 days
Northwood 51 $622,552 163 days
Other High School 1 $939,000 637 days
Seaforth 119 $1,014,610 101 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 435 $858,140 157 days
Distressed Homes 3 $354,300 88 days
Homes with a Pool 86 $993,660 50 days
Reduced Price Homes 13 $786,299 69 days
Multi-Million Dollar Homes 105 $1,873,318 130 days
Newly Built Homes 63 $1,037,807 147 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: June 2, 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 June 2, 2023
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