Chapel Hill Market Report
$706,361
AVERAGE PRICE OF 335 HOMES$1,527,118
AVERAGE PRICE OF 50 MULTI-MILLION DOLLAR HOMES$775,650
AVERAGE PRICE OF 2 DISTRESSED HOMES$782,812
AVERAGE PRICE OF 139 NEWLY BUILT HOMES$721,204
AVERAGE PRICE OF 147 HOMES WITH A POOL$464,900
AVERAGE PRICE OF 2 REDUCED PRICE HOMESAverage Home
| Average Price | $706,361 |
| Avg Bedrooms | 3.18 beds |
| Avg Bathrooms | 2.41 baths |
Average Price by Bedrooms
| 1 bedroom | $163,707 |
| 2 bedrooms | $311,117 |
| 3 bedrooms | $542,343 |
| 4 bedrooms | $1,095,736 |
| 5 bedrooms | $1,002,548 |
Chapel Hill Home Price Trends
| 11/2021 | 10/2021 | 9/2021 | 8/2021 | 7/2021 | |
|---|---|---|---|---|---|
| Total Listings | n/a | 409 | 418 | 425 | 445 |
| Average Price | n/a | $711,602 | $677,832 | $645,008 | $661,495 |
| Avg Price Change | n/a | +4.98% | +5.09% | -2.56% | -2.85% |
| Median Price | n/a | $592,740 | $575,734 | $571,513 | $576,811 |
| Med Price Change | n/a | +2.95% | +0.74% | -0.93% | -3.18% |
| Avg Bedrooms | n/a | 2.34 beds | 2.51 beds | 2.67 beds | 2.2 beds |
| Avg Bathrooms | n/a | 1.94 baths | 2.23 baths | 2.16 baths | 1.74 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Carrboro | 20 | $836,360 | 94 days |
| Cedar Ridge | 3 | $430,000 | 49 days |
| Chapel Hill | 43 | $376,763 | 307 days |
| Chatham Seaforth | 59 | $786,696 | 73 days |
| East Chapel Hill | 74 | $706,052 | 56 days |
| Northwood | 104 | $722,769 | 174 days |
| Other High School | 1 | $939,000 | 91 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 335 | $706,361 | 100 days |
| Multi-Million Dollar Homes | 50 | $1,527,118 | 101 days |
| Distressed Homes | 2 | $775,650 | 91 days |
| Newly Built Homes | 139 | $782,812 | 173 days |
| Homes with a Pool | 147 | $721,204 | 101 days |
| Reduced Price Homes | 2 | $464,900 | 21 days |
