$255,000
220 Elizabeth St Apt B10
Chapel Hill, NC
2 bd3 ba1,084 sqft$235/ft²
Condo4,356 sqft lot
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Sarah Mitchell
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Compass Real Estate · Chapel Hill, NC
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Chapel Hill, NC(512) 555-0184TX License #0512847
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Chapel Hill, NC Housing Market & Real Estate
Balanced market+20.5% YoY
Housing market overview · Updated monthly ·
$699,000median sale price
How is the Chapel Hill, NC housing market right now?
The median home sale price in Chapel Hill, NC is $699,000, up 20.5% year-over-year. Homes sell in an average of 34 days with 215 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Chapel Hill a buyer's or seller's market?
Balanced market3.4 months of supply34 avg. days on market
Chapel Hill, NC is currently a balanced market, based on 3.4 months of supply and homes selling in about 34 days. How we determine this →
Homes sold
63
Last 12 weeks
Days on market
34
Average pace
Active listings
215
3.4 months supply
Sale-to-list
99.1%
Below asking
What does the Chapel Hill housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $699,000 |
| Median list price | $585,000 |
| Year-over-year price change | +20.5% |
| Average days on market | 34 days |
| Active inventory | 215 listings |
| Months of supply | 3.4 months |
| Sale-to-list price ratio | 99.1% |
| Median price per sq ft | $297/sq ft |
| Homes sold (latest month) | 63 |
| New listings (latest month) | 87 |
| Listings with a price cut | 32.6% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Chapel Hill by property type?
How the Chapel Hill, NC market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $946,000 | $303/sq ft | 36 | 32 days |
| Condo / Co-op | $325,000 | $282/sq ft | 17 | 42 days |
| Townhouse | $450,000 | $270/sq ft | 10 | 42 days |
Source: Redfin · Updated monthly
The Chapel Hill housing market is currently classified as a balanced market with a median sale price of $699,000. Prices have risen 20.5% compared to last year, with homes spending an average of 34 days on market, indicating 3.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 7.5x provides context for how home values compare to local earning capacity.
Homes for sale in Chapel Hill
There are currently 215 homes listed for sale in Chapel Hill, North Carolina. The median listing price is $585K. Featured listings range from $255,000 to $1,300,000.
$385,000
907 Oak Tree Dr
Chapel Hill, NC
3 bd3 ba1,306 sqft$295/ft²
Condo
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$425,000
46 Chetango Mountain Rd
Chapel Hill, NC
Land10.12 acres
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$425,000
182 Chetango Mountain Rd
Chapel Hill, NC
Land10.17 acres
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$499,000
503 Pine Bluff Trl
Chapel Hill, NC
3 bd2 ba1,707 sqft$292/ft²
House8,276 sqft lot
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$499,990
2059 Trident Maple Ln
Chapel Hill, NC
3 bd4 ba2,183 sqft$229/ft²
Townhouse1,742 sqft lot
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$558,000
33 Heatherwood Dr
Chapel Hill, NC
3 bd3 ba2,149 sqft$260/ft²
House6,970 sqft lot
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$565,000
477 Beacon Ridge Blvd
Chapel Hill, NC
4 bd3 ba2,212 sqft$255/ft²
House5,227 sqft lot
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$750,000
102 Woodshire Ln
Chapel Hill, NC
4 bd3 ba2,489 sqft$301/ft²
House
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$799,900
104 Wilder Pl
Chapel Hill, NC
4 bd3 ba2,753 sqft$291/ft²
House1.08 acres
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$1,150,000
110 Bayview Dr
Chapel Hill, NC
5 bd4 ba3,674 sqft$313/ft²
House19,166 sqft lot
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$1,300,000
737 Pinehurst Dr
Chapel Hill, NC
5 bd4 ba4,525 sqft$287/ft²
House25,700 sqft lot
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Looking to buy in Chapel Hill?
Get connected with a local real estate expert — free, no obligation.
Active listings
215
Homes on market
Median list price
$585K
Avg. days on market
34
Days until sale
New this week
87
Newly listed
Price drops:32.6%of listings
Sale-to-list:99.1%
Who lives in Chapel Hill?
Population
59,889
Median income
$85,825/yr
Median age
25.8 years
Owner-occupied
48.7%
College grads
77.2%
Avg commute
19.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Chapel Hill?
Zillow home value
$642,319
Zillow rent index
$1,763/mo
Price-to-rent ratio
30.4x
Price-to-income
7.5x
Source: Zillow Research
What is it like to live in Chapel Hill?
Chapel Hill is a community of approximately 60K residents with a median age of 25.8 years.The median household income is $85,825, which reflects a relatively affluent area with strong earning potential. 77.2% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 48.7%, showing a blend of owner and renter-occupied properties. The average commute time is 19.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Chapel Hill offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Chapel Hill?
23 schools tracked · 12,418 students
The largest public schools serving Chapel Hill, NC by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Chapel Hill High
Grades 9-12 · 1,638 students
East Chapel Hill High
Grades 9-12 · 1,411 students
Smith Middle
Grades 6-8 · 749 students
Margaret B. Pollard Middle
Grades 6-8 · 742 students
McDougle Middle
Grades 6-8 · 705 students
Culbreth Middle
Grades 6-8 · 664 students
North Chatham Elementary
Grades PK-5 · 623 students
Phillips Middle
Grades 6-8 · 572 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Chapel Hill, NC?
Want a head-to-head view? Compare Chapel Hill side-by-side with any other U.S. city using our market-comparison tool.
Is Chapel Hill a good real estate investment market?
For investors evaluating Chapel Hill, the price-to-rent ratio of 30.4x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 20.5% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Chapel Hill's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Chapel Hill's median home price.
Frequently asked questions
What is the average home price in Chapel Hill?
The median home sale price in Chapel Hill is $699,000, up 20.5% from last year.
How long do homes stay on market in Chapel Hill?
Homes typically spend 34 days on market before going under contract.
What is the median income in Chapel Hill?
The median household income is $85,825 per year.
Is Chapel Hill a buyer's or seller's market?
With 3.4 months of supply, Chapel Hill is currently a balanced market.
How many homes are for sale in Chapel Hill?
There are currently 215 homes listed for sale in Chapel Hill, NC.
What is the Zillow home value estimate for Chapel Hill?
The Zillow Home Value Index (ZHVI) for Chapel Hill is $642,319, representing the typical home value in the area.
What is the median condo price in Chapel Hill?
The median condo/co-op sale price in Chapel Hill, NC is $325,000, compared to $946,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Chapel Hill?
The median single-family home price in Chapel Hill, NC is $946,000 (about $303 per square foot).
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