Chapel Hill Market Report

$638,638

AVERAGE PRICE OF 442 HOMES

$1,522,644

AVERAGE PRICE OF 49 MULTI-MILLION DOLLAR HOMES

$637,246

AVERAGE PRICE OF 155 NEWLY BUILT HOMES

$429,900

AVERAGE PRICE OF 1 DISTRESSED HOMES

$599,540

AVERAGE PRICE OF 206 HOMES WITH A POOL

$640,063

AVERAGE PRICE OF 11 REDUCED PRICE HOMES

Average Home

Average Price $638,638
Avg Bedrooms 2.82 beds
Avg Bathrooms 2.62 baths

Average Price by Bedrooms

1 bedroom $218,722
2 bedrooms $321,083
3 bedrooms $504,263
4 bedrooms $665,455
5 bedrooms $1,066,297
Chapel Hill Home Price Trends
  2/2021 1/2021 12/2020 11/2020 10/2020
Total Listings 6 401 450 532 553
Average Price $643,454 $618,524 $617,687 $619,130 $625,107
Avg Price Change +4.03% +0.14% -0.23% -0.97% +1.53%
Median Price $583,887 $520,201 $505,486 $516,822 $529,617
Med Price Change +12.24% +2.91% -2.24% -2.48% +4.80%
Avg Bedrooms 1.8 beds 2.76 beds 2.85 beds 3.26 beds 3.14 beds
Avg Bathrooms 1.73 baths 2.53 baths 2.46 baths 2.92 baths 3.09 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Carrboro 32 $549,293 79 days
Cedar Ridge 1 $895,000 102 days
Chapel Hill 68 $726,230 129 days
East Chapel Hill 92 $646,289 57 days
Jordan 24 $555,933 34 days
Northwood 206 $651,401 127 days
Other High School 2 $597,500 65 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 442 $638,638 93 days
Multi-Million Dollar Homes 49 $1,522,644 99 days
Newly Built Homes 155 $637,246 96 days
Distressed Homes 1 $429,900 29 days
Homes with a Pool 206 $599,540 83 days
Reduced Price Homes 11 $640,063 59 days
United Home Group
2280 S. Church, Suite 206
Burlington, NC 27215
101 Cosgrove Avenue #200
Chapel Hill, NC
27514

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: March 6, 2021
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 March 6, 2021
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