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Chapel Hill Market Report

$612,836

AVERAGE PRICE OF 525 HOMES

$1,575,974

AVERAGE PRICE OF 52 MULTI-MILLION DOLLAR HOMES

$569,459

AVERAGE PRICE OF 176 NEWLY BUILT HOMES

$569,526

AVERAGE PRICE OF 235 HOMES WITH A POOL

$660,855

AVERAGE PRICE OF 9 REDUCED PRICE HOMES

Average Home

Average Price $612,836
Avg Bedrooms 2.8 beds
Avg Bathrooms 2.34 baths

Average Price by Bedrooms

1 bedroom $230,088
2 bedrooms $298,080
3 bedrooms $460,784
4 bedrooms $678,082
5 bedrooms $793,223
Chapel Hill Home Price Trends
  10/2020 9/2020 8/2020 7/2020 6/2020
Total Listings 557 582 620 623 632
Average Price $625,355 $615,698 $610,019 $609,805 $611,292
Avg Price Change +1.57% +0.93% +0.04% -0.24% +0.43%
Median Price $528,973 $505,345 $503,791 $515,239 $519,642
Med Price Change +4.68% +0.31% -2.27% -0.85% +0.87%
Avg Bedrooms 2.88 beds 3.19 beds 3.49 beds 3.43 beds 3.5 beds
Avg Bathrooms 2.63 baths 3.08 baths 3.45 baths 3.32 baths 3.37 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Carrboro 33 $694,145 86 days
Chapel Hill 75 $417,967 122 days
East Chapel Hill 118 $613,424 80 days
Jordan 20 $424,550 48 days
Northwood 254 $594,037 120 days
Other High School 1 $600,000 8 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 525 $612,836 63 days
Multi-Million Dollar Homes 52 $1,575,974 148 days
Newly Built Homes 176 $569,459 125 days
Homes with a Pool 235 $569,526 89 days
Reduced Price Homes 9 $660,855 94 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: November 23, 2020
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 2020 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 November 23, 2020
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