Market Trends: 2/22/2012
Chapel Hill
Market Snapshot
Total Properties Listed:
1,140
Month-Over-Month Change: +10.25%
Average List Price:
$396,648
Month-Over-Month Change: +.28%
Median List Price:
$302,000
Month-Over-Month Change: +1%
Typical Property
Single-Family Home
3.4 Bedrooms
2.96 Baths
$396,648 Average List Price
$180/SqFt Average Price per SqFt.
Average Price by Bedrooms:
1 Bedroom:
$279,016
2 Bedrooms:
$284,367
3 Bedrooms:
$370,594
4 Bedrooms:
$589,529
5 Bedrooms:
$806,040
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Chapel Hill, NC Real Estate:
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Chapel Hill Real Estate
About Chapel Hill
Chapel Hill, NC: Chapel Hill is the home of the University of North Carolina's beautiful main campus. Chapel Hill has a beautiful downtown area and is in Orange County, which is to the west of Research Triangle Park. Chapel Hill's home prices are typically a little higher than average for the rest of the area but many feel it is well worth it with its support of the arts. It has been ranked as the Top 10 places to Raise Kids by Business Week (November 2009), Top 10 Places to Start a Business by Entrepreneur Magazine (August 2009) and Top 25 Small Cities for the Arts by the American Style Magazine (June 2009).
http://www.ci.chapel-hill.nc.us/index.aspx?page=1
Chapel Hill Neighborhoods