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 October of 2024, prices for Chapel Hill, North Carolina homes for sale were down 17.5% compared to the previous year. The median sale price was $247,500; on average, they sold within 90 days compared to 112 days on market the previous year. There were 6 homes for sale in October 2024, a decrease from 7 during the same month in the previous year.

How many homes are for sale in Chapel Hill NC?

There are 56 homes in Chapel Hill, North Carolina for sale. Last month, there were 9 listings, and 4 a year prior in October 2023. The newest listing for sale has 5.02 acres and pet friendly for $425,000 at Lot 1c Millbrook Circle.

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

Compared to the previous month, prices are falling for homes in Chapel Hill, North Carolina. The median sale price was $247,500 in October 2024, which is lower than a month previous at $428,000. The median sale price fell 17.5% compared to the $300,000 median sale price a year ago in October 2023.

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

$108,457.04 is the average price per square foot for homes Chapel Hill, North Carolina. This is an increase compared to the $56,313.43 average price per square foot last month, October 2024. Currently, a 0 SQFT unimproved at N/A White Cross Road in Chapel Hill, North Carolina has the lowest price per square foot at $13,798.81, while a 0 SQFT mixed_use at 5002 Barbee Chapel Road in Chapel Hill, North Carolina has the highest at $1,266,094.42.

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

$312,400 is the median list price for homes for sale in Chapel Hill, North Carolina. This is an increase compared to the $247,500 median sale price last month, October 2024, and an increase compared to the $300,000 median sale price a year prior in October 2023.

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

90 days on market is the October 2024 average for homes for sale in Chapel Hill, North Carolina. This represents an increase from the previous month's average of 74 days on market, and a decrease from the same month the year prior of 112 days on market average. Most recently, a 4.2 acres and pet friendly unimproved at 0 Neville Road in Chapel Hill, North Carolina has been on the market for 1 day, while Chatham in Chapel Hill, North Carolina with pet friendly has been on the market for 1,255 days.