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Chapel Hill Market Report

$711,519

AVERAGE PRICE OF 389 HOMES

$804,650

AVERAGE PRICE OF 2 DISTRESSED HOMES

$1,611,050

AVERAGE PRICE OF 57 MULTI-MILLION DOLLAR HOMES

$738,218

AVERAGE PRICE OF 149 NEWLY BUILT HOMES

$744,883

AVERAGE PRICE OF 163 HOMES WITH A POOL

$1,078,471

AVERAGE PRICE OF 7 REDUCED PRICE HOMES

Average Home

Average Price $711,519
Avg Bedrooms 3.71 beds
Avg Bathrooms 3.49 baths

Average Price by Bedrooms

1 bedroom $252,350
2 bedrooms $308,844
3 bedrooms $545,728
4 bedrooms $861,444
5 bedrooms $923,624
Chapel Hill Home Price Trends
  9/2021 8/2021 7/2021 6/2021 5/2021
Total Listings 405 413 436 490 504
Average Price $687,103 $653,437 $668,030 $684,249 $686,061
Avg Price Change +5.15% -2.23% -2.43% -0.26% +0.48%
Median Price $584,657 $577,991 $582,392 $598,413 $594,442
Med Price Change +1.15% -0.76% -2.75% +0.67% +1.77%
Avg Bedrooms 3.66 beds 3.62 beds 3.67 beds 3.76 beds 3.77 beds
Avg Bathrooms 3.47 baths 3.4 baths 3.46 baths 3.58 baths 3.63 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Carrboro 26 $545,819 74 days
Chapel Hill 62 $581,935 83 days
Chatham Seaforth 59 $842,713 57 days
East Chapel Hill 82 $744,842 51 days
Northwood 129 $752,280 153 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 389 $711,519 92 days
Distressed Homes 2 $804,650 51 days
Multi-Million Dollar Homes 57 $1,611,050 111 days
Newly Built Homes 149 $738,218 173 days
Homes with a Pool 163 $744,883 95 days
Reduced Price Homes 7 $1,078,471 59 days
TLC Realty Group
Tammi Knapp
102 Commonwealth Ct, Ste I
Cary, NC 27511
919-995-0397

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 2021 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 October 24, 2021
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