$711,634
$489K since sold in August 2005$16K since August
This home's estimate is 6.7% higher than the average sale price ($667K) of 6 comparable homes.
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Off Market Aug 2005 for $223K
$711,634
Est. refi paymentEst. refi $1,194/mo
4
bd•
3 ba
•
2,302
sq ft
1616 Homestead Rd, Chapel Hill, NC 27516
About this home
Single-familyProperty Type
1978Year Built
1.6 acresLot Size
$309Est. Price/Sq.Ft.
1 car garageParking
Listed by Fred Stevens • Berkshire Hathaway HomeService
Bought with Nidya Melone • Coldwell Banker - HPW
Redfin checked: 2 minutes ago
•Source:TMLS #782089
Redfin Estimate
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Sell
$592,701
Est. take-home
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Refinance
$0
Est. cash available
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Rent
$2,951/mo
Redfin rental estimate
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Market trends in 27516, NC
Last updated August 2026
Buyer's Market
Seller's Market
Seller's market
Sale-to-List Price
98.6%
0.2% MoM
Median sale price
$655K
$8K MoM
Avg. days on market
44d
8 days MoM
Recently sold homes
168
14 MoM
New listings for sale
Provided by Redfin
Property details
Around this home
Lifestyle
Provided by Walk Score and Local Logic
Sun exposure
In this area, properties receive around 9 hours in June and 5.1 hours in December, which is comparable to the U.S. average for solar exposure.
JuneDecember
Provided by Shadowmap
Property information provided by TMLS when last listed in 2005. This data may not match . Learn more.
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