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Chapel Hill

Why you'd want to live in Chapel Hill

Flowers HISTORY Chapel Hill was, in fact, created to serve the University. When the University Of North Carolina Board Of Trustees chose the area around New Hope Chapel as the site for the first State University in 1793, they also named a committee to lay out a town adjacent to the site. Present day reminders of Chapel Hill's history are cherished by its citizens and admired by its visitors; quiet winding streets, wooded home sites, stone walls, and small shops surrounding the University add to the charm, mystique, and "small-town" atmosphere. Chapel Hill is a multicultural university town that is home to UNC-Chapel Hill and a resident population of 59,000. Hailed as “America’s Foodiest Small Town” by Bon Appetit Magazine, Chapel Hill is rapidly becoming a hot spot for pop American cuisine. It’s a trend-setting playground full of sights, sounds and tastes that make it the kind of place that authors, musicians, and artists call home. Historic Franklin Street in downtown Chapel Hill is home to more than 200 restaurants, bars, retail shops and service businesses. Enjoy festivals, special events, nightlife and cultural destinations. 140 West and Carolina Square are Franklin Street's hubs for outdoor happenings. In Chapel Hill a profusion of gastronomic delights await you! It’s a pleasant burden for those of who are blessed to live here to have so many culinary opportunities on a daily basis, and we are happy to be able to share this burden with you for a while. So many choices, so little time! Bon appetit. via The Town of Chapel Hill

Chapel Hill Market Report

$922,537

AVERAGE PRICE OF 462 HOMES

$1,818,886

AVERAGE PRICE OF 142 MULTI-MILLION DOLLAR HOMES

$1,180,164

AVERAGE PRICE OF 58 NEWLY BUILT HOMES

$1,123,634

AVERAGE PRICE OF 130 HOMES WITH A POOL

$892,313

AVERAGE PRICE OF 22 REDUCED PRICE HOMES

Average Home

Average Price $922,537
Avg Bedrooms 2.97 beds
Avg Bathrooms 2.87 baths

Average Price by Bedrooms

1 bedroom $203,454
2 bedrooms $404,125
3 bedrooms $727,442
4 bedrooms $1,129,307
5 bedrooms $1,581,899
Chapel Hill Home Price Trends
  5/2024 4/2024 3/2024 2/2024 1/2024
Total Listings 444 416 370 315 289
Average Price $917,959 $908,325 $920,278 $890,738 $889,318
Avg Price Change +1.06% -1.32% +3.32% +0.16% +0.03%
Median Price $721,069 $683,683 $695,151 $632,535 $629,133
Med Price Change +5.47% -1.68% +9.90% +0.54% -2.99%
Avg Bedrooms 2.92 beds 2.89 beds 2.89 beds 2.78 beds 2.75 beds
Avg Bathrooms 2.87 baths 2.86 baths 2.84 baths 2.72 baths 2.7 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Seaforth 125 $1,189,779 128 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 462 $922,537 96 days
Multi-Million Dollar Homes 142 $1,818,886 121 days
Newly Built Homes 58 $1,180,164 161 days
Homes with a Pool 130 $1,123,634 72 days
Reduced Price Homes 22 $892,313 57 days
Hunt Group Realty
Robert Hunt
101 Cosgrove Avenue, Suite 200
Chapel Hill, NC 27514
919-951-1818

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 2024 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 22, 2024
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