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Chapel Hill Market Report

$840,926

AVERAGE PRICE OF 387 HOMES

$1,002,074

AVERAGE PRICE OF 105 NEWLY BUILT HOMES

$1,794,801

AVERAGE PRICE OF 97 MULTI-MILLION DOLLAR HOMES

$987,489

AVERAGE PRICE OF 97 HOMES WITH A POOL

$598,351

AVERAGE PRICE OF 16 REDUCED PRICE HOMES

Average Home

Average Price $840,926
Avg Bedrooms 2.39 beds
Avg Bathrooms 2.52 baths

Average Price by Bedrooms

1 bedroom $425,000
2 bedrooms $370,458
3 bedrooms $609,614
4 bedrooms $942,529
5 bedrooms $1,346,351
Chapel Hill Home Price Trends
  11/2022 10/2022 9/2022 8/2022 7/2022
Total Listings 429 461 458 440 444
Average Price $823,147 $810,769 $773,942 $782,540 $775,057
Avg Price Change +1.53% +4.76% -1.11% +0.97% n/a
Median Price $666,653 $666,332 $636,969 $635,140 $637,888
Med Price Change +0.05% +4.61% +0.29% -0.43% n/a
Avg Bedrooms 1.94 beds 2.05 beds 2.78 beds 2.31 beds 2 beds
Avg Bathrooms 2.07 baths 2.18 baths 2.88 baths 2.62 baths 2.24 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Cedar Ridge 30 $495,933 107 days
Chapel Hill 58 $535,763 490 days
East Chapel Hill 70 $850,547 74 days
Northwood 76 $762,723 54 days
Other High School 1 $939,000 458 days
Seaforth 105 $924,441 94 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 387 $840,926 286 days
Newly Built Homes 105 $1,002,074 53 days
Multi-Million Dollar Homes 97 $1,794,801 99 days
Homes with a Pool 97 $987,489 86 days
Reduced Price Homes 16 $598,351 90 days
Heart of Carolina Homes
Sherrie Osborne
309 Arlington Avenue
Burlington, NC 27215
336-508-4315

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: December 5, 2022
Information Deemed Reliable But Not Guaranteed.
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 2022 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 December 5, 2022
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