Chapel Hill, NC

Leaning buyer's-0.5% YoY

Housing market overview · Updated weekly

$520,000median sale price

Homes sold

27

Last 12 weeks

Days on market

54

Average pace

Active listings

128

4.7 months supply

Sale-to-list

99.3%

Below asking

The Chapel Hill housing market is currently classified as a leaning buyer's with a median sale price of $520,000. Prices have fallen 0.5% compared to last year, with homes spending an average of 54 days on market, indicating 4.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

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Frequently asked questions

What is the average home price in Chapel Hill?

The median home sale price in Chapel Hill is $520,000, down 0.5% from last year.

How long do homes stay on market in Chapel Hill?

Homes typically spend 54 days on market before going under contract.

Is Chapel Hill a buyer's or seller's market?

With 4.7 months of supply, Chapel Hill is currently a leaning buyer's.

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