Chapel Hill, NC Homes for Sale

All Chapel Hill, NC Homes for Sale by listing date

Chapel Hill Real Estate Facts at a Glance

The median price for homes for sale in Chapel Hill, NC is $642,500. For that price, the average home for sale will have about 2600 square feet and was built in 1998, and will likely be a single family home. Most homes for sale in Chapel Hill will be part of a subdivision. Only 4% of homes for sale in Chapel Hill in the last year were not located within a subdivision.

About 57% of homes for sale in Chapel Hill have a minimum lot size of .2 acres. Larger lots are not as common but they are easier to find in Chapel Hill than in other Triangle towns.

However, the extra space will cost you. 15% of homes for sale in Chapel Hill had a minimum of a 1 acre lot. The average home for sale on an acre in Chapel Hill sold for $893,000.

Property taxes for homes for sale in the town of Chapel Hill are more complicated than other places. The city rate is .52%, however, the county rate for Orange county varies depending on location.

I pulled a few properties around the median price to see how this variability can affect the tax rates. On 3 different properties that sold for the same amount in Orange county, the taxes were $4581, $6472 and $8917. I highly recommend checking the specific property for tax rates before making a purchase.

Also, some homes for sale in Chapel Hill, NC are located in different counties. Some are in Durham County and some are in Chatham County. In those cases, the taxes are generally much lower.

A little bit about Chapel Hill

Are you looking for homes for sale in Chapel Hill, NC? Chapel Hill is a town located in Orange County, North Carolina. It is part of the Research Triangle Park (RTP) region, which also includes the nearby cities of Raleigh and Durham. Chapel Hill is perhaps best known for being the home of the University of North Carolina at Chapel Hill, a world-renowned public research university that was founded in 1789.

Chapel Hill is one of the three major cities making up the Triangle region of North Carolina. Raleigh, Durham and Chapel Hill make a literal “triangle” on the map, responsible for the regionally known name “The Triangle.” The city of Chapel Hill is located in both Durham and Orange Counties.

As of 2016, the population of Chapel Hill was approximately 59,000 people. That population does include all UNC Chapel Hill students living on campus or within the city limits of Chapel Hill. With the University’s population of 29,000, the student population is significant in the makeup of the city.

Chapel Hill Amenities

Residents of Chapel Hill enjoy a variety of amenities, including a vibrant downtown area with numerous shops, restaurants, and bars. There are also several parks and greenways in the area, including the popular Chapel Hill Community Center Park and the Bolin Creek Trail. Additionally, Chapel Hill is home to several cultural institutions, such as the Ackland Art Museum and the Morehead Planetarium and Science Center.

What sets Chapel Hill apart from other towns in the Triangle area is its strong sense of community and its reputation as a liberal and progressive town. The town has a rich history of activism and social justice, and it is home to many diverse and inclusive communities.

UNC Chapel Hill is one of the most notable landmarks in the area. The university is known for its beautiful campus, which features stunning architecture and a rich history dating back to the Revolutionary War. It is also home to many famous landmarks, such as the Old Well and the Davie Poplar tree.

Location

Chapel Hill is located about 20 miles west of Raleigh and 10 miles east of Durham, which makes it an ideal location for those who work or study in either city. Additionally, the Raleigh-Durham International Airport (RDU) is located just a short drive away, which makes it easy for residents to travel to other parts of the country or the world.

When it comes to restaurants, Chapel Hill has something for everyone. Some of the most popular options include Merritt’s Store and Grill, which serves up delicious sandwiches and milkshakes, and Al’s Burger Shack, which is known for its mouth-watering burgers and fries. Other popular options include The Root Cellar Cafe & Catering, which specializes in farm-to-table cuisine, and Top of the Hill Restaurant & Brewery, which serves up delicious beer and pub fare.

In terms of shopping, Chapel Hill is home to several charming boutiques and specialty stores, such as Uniquities, which offers a carefully curated selection of women’s clothing and accessories, and The Chelsea Theater, which is a beloved local movie theater that screens independent and foreign films. The town is also home to several major shopping centers, such as University Place and Meadowmont Village, which offer a variety of shops and restaurants.

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Triangle Market Reports

Curious about the median sale price, list price, average days on market and the number of properties sold? Browse our Triangle Market Reports below.

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