New Upward Trend in Contracts for Chapel Hill Real Estate Market

The Chapel Hill market got a boost this week as sales rose to 43 homes sold over the last 30 days to go with a prolonged upward trend of contracts closing, now up to 94. Prices are rising in Chapel Hill, and the median sales price this period increased from $249,900 to $300,000. Chapel Hill is a still solid buyer's market, in spite of the rising contracts numbers, due to the availability of seven months of remaining inventory.

Any of these new listings in Chapel Hill could be your dream home, so be sure to check them out:

$336K   $365K   $750K  

Get started right now by checking out Chapel Hill homes for sale or reviewing Chapel Hill real estate trends.

Demographic facts about Chapel Hill:

  • The population density is 2,710.0 people per square mile.
  • The property crime index rating in this area is 5. (1 = lowest crime, 10 = highest)
  • The cost of living index score in this area is 126.2. (100 = national average)
  • The area's average commute to work is 20 minutes.

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