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 HOMES

Average 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
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: June 25, 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 June 25, 2021
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