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Foreclosures in Chapel Hill, NC

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Chapel Hill, NC Foreclosures

How much do homes sell for in Chapel Hill, NC?
The average home price is currently $747,951.
In Chapel Hill, NC, how many homes are available?
There are currently 22 active home listings available in Chapel Hill.
What’s the average rental cost in Chapel Hill, NC?
The average rental price in Chapel Hill is $1,976.
What is the most expensive home in Chapel Hill?
The most expensive home sold in Chapel Hill had a price of $90,384,760.
What is currently the cheapest priced home in Chapel Hill, NC?
The cheapest home for sale in Chapel Hill is priced at $17,088.

Living in Chapel Hill, NC

Chapel Hill, located in North Carolina, is a charming college town known for its historic significance and vibrant community. The town is home to the University of North Carolina, creating a lively atmosphere enriched by cultural events and activities. With a variety of parks, restaurants, and shopping options, Chapel Hill combines small-town charm with vibrant urban living.

Current Market Conditions in Chapel Hill, NC

Currently, Chapel Hill's real estate market is experiencing a competitive landscape, driven by its desirable location and proximity to educational institutions. Homes are in high demand, and buyers are often facing bidding wars, with properties frequently selling above list price.

The rental market also remains strong, supported by the student population and faculty associated with the University. The demand for both single-family homes and rental properties is increasing, making it a favorable market for investors.

Home Value Estimator For Chapel Hill, NC

There are currently 30,057 real estate properties in Chapel Hill, NC, with a median automated valuation model (AVM) price of $634,279.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Chapel Hill, NC, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Chapel Hill, NC, is $747,951.00, with the most expensive house in Chapel Hill, NC, topping out at $90,384,760.00 and the cheapest home in Chapel Hill, NC, clocking in at $17,088.00. In other words, there’s something for every potential homebuyer or savvy investor in Chapel Hill, NC!

Rent Prices In Chapel Hill, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Chapel Hill, NC, is on a rollercoaster ride. The average rent price in Chapel Hill, NC, is $1,976.00. Indeed, when looking to rent in Chapel Hill, NC, you can expect to pay as little as $550.00 or as much as $4,020.00, with the average rent median estimated to be $1,900.00. The good news is that finding an affordable and desirable property to rent in Chapel Hill, NC -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Chapel Hill, NC


Market Trend for Chapel Hill, NC

Total Listings Available: 22

Market Values:

Home Prices from $17,088 to $90,384,760

Average Sales Price: $747,951

Rental Values:

Rental from $550 to $4,020

Average Rent Value: $1,976 / month

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