Chapel Hill Market Report
$823,935
AVERAGE PRICE OF 74 HOMES$1,500,000
AVERAGE PRICE OF 1 DISTRESSED HOMES$3,319,300
AVERAGE PRICE OF 10 MULTI-MILLION DOLLAR HOMES$428,506
AVERAGE PRICE OF 16 NEWLY BUILT HOMES$472,498
AVERAGE PRICE OF 4 HOMES WITH A POOL$362,980
AVERAGE PRICE OF 5 REDUCED PRICE HOMESAverage Home
| Average Price | $823,935 |
| Avg Bedrooms | 2.11 beds |
| Avg Bathrooms | 1.62 baths |
Average Price by Bedrooms
| 2 bedrooms | $415,166 |
| 3 bedrooms | $426,031 |
| 4 bedrooms | $692,170 |
| 5 bedrooms | $719,995 |
Chapel Hill Home Price Trends
| 8/2024 | 7/2024 | 6/2024 | 5/2024 | 4/2024 | |
|---|---|---|---|---|---|
| Total Listings | 79 | 79 | 71 | 69 | 58 |
| Average Price | $742,388 | $747,710 | $755,441 | $779,135 | $742,560 |
| Avg Price Change | -0.72% | -1.03% | -3.14% | +4.93% | +1.84% |
| Median Price | $404,961 | $402,672 | $411,723 | $421,841 | $406,891 |
| Med Price Change | +0.57% | -2.25% | -2.46% | +3.67% | +2.32% |
| Avg Bedrooms | 2.1 beds | 2.09 beds | 2.2 beds | 2.09 beds | 2.01 beds |
| Avg Bathrooms | 1.62 baths | 1.65 baths | 1.78 baths | 1.75 baths | 1.66 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Forrest School | 58 | $675,920 | 75 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 74 | $823,935 | 70 days |
| Distressed Homes | 1 | $1,500,000 | 879 days |
| Multi-Million Dollar Homes | 10 | $3,319,300 | 170 days |
| Newly Built Homes | 16 | $428,506 | 43 days |
| Homes with a Pool | 4 | $472,498 | 49 days |
| Reduced Price Homes | 5 | $362,980 | 25 days |
