Downtown Chapel Hill, NC Housing Market

Homes for sale | City guide

The Downtown Chapel Hill housing market is not very competitive. The median sale price of a home in Downtown Chapel Hill was $1.3M last month, up 59.5% since last year.

Trends
Demand
Schools
Climate
Transportation

Downtown Chapel Hill Housing Market Trends

What is the housing market like in Downtown Chapel Hill today?

In December 2024, Downtown Chapel Hill home prices were up 59.5% compared to last year, selling for a median price of $1.3M.

$1.3M

Sale Price

$617

Sale $/Sq. Ft.

Under List Price

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the Downtown Chapel Hill and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Chapel Hill add value to a home.

Work with the best agents in Downtown Chapel Hill

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How hot is the Downtown Chapel Hill housing market?

Downtown Chapel Hill is not very competitive. Homes sell in 36 days.

100

Not Very Competitive

Multiple offers are rare.
The average homes sell for about 2% below list price and go pending in around 36 days.
Hot homes
can sell for around list price and go pending in around 19 days.

Compare With Nearby Neighborhoods

Southern Village

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 21 days.
Hot homes
can sell for about 3% above list price and go pending in around 7 days.

Meadowmont

100

Most Competitive

Most homes get multiple offers, often with waived contingencies.
The average homes sell for about 3% above list price and go pending in around 8 days.
Hot homes
can sell for about 6% above list price and go pending in around 4 days.

See more nearby cities and neighborhoods

View houses in Downtown Chapel Hill that sold recently

Recently sold homes

SOLD DEC 17, 2024
$1,300,000 Last Sold Price
3 beds
3 baths
2,105 sq ft
140 W Franklin St #413, Chapel Hill, NC 27516
List Price
$1,399,000
Sale to List
7% under list
Days on Market
195 days
140 W Franklin St #413, Chapel Hill, NC 27516
SOLD SEP 30, 2024
$599,999 Last Sold Price
1 bed
1 bath
945 sq ft
140 W Franklin St Unit 224, Chapel Hill, NC 27516
List Price
$599,999
Sale to List
0% over list
Days on Market
68 days
140 W Franklin St Unit 224, Chapel Hill, NC 27516
SOLD SEP 17, 2024
$1,850,000 Last Sold Price
2 beds
2.5 baths
1,903 sq ft
140 W Franklin St Unit 705, Chapel Hill, NC 27516
List Price
$1,950,000
Sale to List
5% under list
Days on Market
70 days
140 W Franklin St Unit 705, Chapel Hill, NC 27516
SOLD SEP 9, 2024
$925,000 Last Sold Price
2 beds
2 baths
1,517 sq ft
140 W Franklin St #330, Chapel Hill, NC 27516
List Price
$969,900
Sale to List
5% under list
Days on Market
59 days
140 W Franklin St #330, Chapel Hill, NC 27516
SOLD AUG 8, 2024
$932,000 Last Sold Price
2 beds
2.5 baths
1,324 sq ft
140 W Franklin St #714, Chapel Hill, NC 27516
List Price
$915,000
Sale to List
2% over list
Days on Market
63 days
140 W Franklin St #714, Chapel Hill, NC 27516

Schools in Downtown Chapel Hill

Learn about schools in the Downtown Chapel Hill area

Elementary
Middle
High

GreatSchools Rating

No elementary schools in this region.

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Downtown Chapel Hill housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Downtown Chapel Hill.

Flood Factor - Minor

8% of properties are at risk of severe flooding over the next 30 years

Wind Factor - Major

100% of properties are at major risk of a severe wind event over the next 30 years

Heat Factor - Major

95% of properties are at major risk of heat over the next 30 years

Provided by First Street Foundation

Transportation in Downtown Chapel Hill

Learn about the walkability, bikeability, and transit-friendliness of Downtown Chapel Hill

77 / 100

Very Walkable

Walk Score®

60 / 100

Good Transit

Transit Score®

More real estate resources for Downtown Chapel Hill

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