Land Real Estate for Sale in Chapel Hill NC

Frequently Asked Questions

How is the for sale real estate market for homes in Chapel Hill NC?

In May of 2023, prices for Chapel Hill, North Carolina homes for sale were up 22.4% compared to the previous year. The median sale price was $300,000; on average, they sold within 106 days compared to 289 days on market the previous year. There were 7 homes for sale in May 2023, a decrease from 11 during the same month in the previous year.

How many homes are for sale in Chapel Hill NC?

There are 75 homes in Chapel Hill, North Carolina for sale. Last month, there were 8 listings, and 6 a year prior in May 2022. The newest listing for sale has 26.73 acres for $660,000 at Lot 4 Gold Mine Road.

Are prices rising or falling for homes in Chapel Hill NC?

Compared to the previous month, prices are rising for homes in Chapel Hill, North Carolina. The median sale price was $300,000 in May 2023, which is higher than a month previous at $280,725. The median sale price rose 22.4% compared to the $245,000 median sale price a year ago in May 2022.

What is the average price per square foot for homes in Chapel Hill NC?

$118,179.26 is the average price per square foot for a Chapel Hill, North Carolina homes. This is a decrease compared to the $131,254.43 average price per square foot last month, May 2023, and an increase compared to the $115,425 average a year prior in May 2022. Currently, a 0 SQFT vacant at Lot 4 Gold Mine Road in Chapel Hill, North Carolina has the lowest price per square foot at $24,691.36, while a 0 SQFT vacant at 111 Greene Street in Chapel Hill, North Carolina has the highest at $665,254.24.

What is the median list price for homes for sale in Chapel Hill NC?

$275,000 is the median list price for homes for sale in Chapel Hill, North Carolina. This is a decrease compared to the $300,000 median sale price last month, May 2023, and an increase compared to the $245,000 median sale price a year prior in May 2022.

What is the average days on market for homes for sale in Chapel Hill NC?

106 days on market is the May 2023 average for homes for sale in Chapel Hill, North Carolina. This represents an increase from the previous month's average of 75 days on market, and a decrease from the same month the year prior of 289 days on market average. Most recently, a 26.73 acres vacant at Lot 4 Gold Mine Road in Chapel Hill, North Carolina has been on the market for 1 day, while 151 Swan Lake in Chapel Hill, North Carolina with .5 acres has been on the market for 2,676 days.