Chapel Hill Market Report
$675,609
AVERAGE PRICE OF 481 HOMES$1,525,465
AVERAGE PRICE OF 57 MULTI-MILLION DOLLAR HOMES$674,770
AVERAGE PRICE OF 158 NEWLY BUILT HOMES$661,106
AVERAGE PRICE OF 210 HOMES WITH A POOL$625,254
AVERAGE PRICE OF 11 REDUCED PRICE HOMESAverage Home
| Average Price | $675,609 |
| Avg Bedrooms | 2.13 beds |
| Avg Bathrooms | 1.9 baths |
Average Price by Bedrooms
| 1 bedroom | $270,200 |
| 2 bedrooms | $424,779 |
| 3 bedrooms | $542,709 |
| 4 bedrooms | $794,867 |
| 5 bedrooms | $781,627 |
Chapel Hill Home Price Trends
| 5/2021 | 4/2021 | 3/2021 | 2/2021 | 1/2021 | |
|---|---|---|---|---|---|
| Total Listings | 508 | 481 | 449 | 6 | 401 |
| Average Price | $684,102 | $679,584 | $646,166 | $643,454 | $618,524 |
| Avg Price Change | +0.66% | +5.17% | +0.42% | +4.03% | +0.14% |
| Median Price | $591,820 | $579,955 | $548,600 | $583,887 | $520,201 |
| Med Price Change | +2.05% | +5.72% | -6.43% | +12.24% | +2.91% |
| Avg Bedrooms | 2.58 beds | 2.74 beds | 2.83 beds | 1.8 beds | 2.76 beds |
| Avg Bathrooms | 2.61 baths | 2.65 baths | 2.65 baths | 1.73 baths | 2.53 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Carrboro | 28 | $824,489 | 89 days |
| Chapel Hill | 86 | $411,831 | 219 days |
| East Chapel Hill | 94 | $742,038 | 45 days |
| Jordan | 30 | $458,560 | 29 days |
| Northwood | 200 | $485,747 | 160 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 481 | $675,609 | 137 days |
| Multi-Million Dollar Homes | 57 | $1,525,465 | 116 days |
| Newly Built Homes | 158 | $674,770 | 157 days |
| Homes with a Pool | 210 | $661,106 | 76 days |
| Reduced Price Homes | 11 | $625,254 | 50 days |
