Is Chapel Hill, NC 27514 a buyer’s or seller’s market?
Chapel Hill is a balanced market. With about 4.4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Months of supply4.4Under 4 months = seller’s market
Sold above original list22.4%Share of sales, last 3 months
Median sale-to-list99.2%Sold price ÷ list price
Median days on market42Listing to accepted offer
Median price per sq ft$299▲ +3.6% vs. last year
Run the numbers for 27514
Nearby markets
Carrboro 27510Seller’s market $282 /sq ftCedar Grove 27231Buyer’s market $244 /sq ftChapel Hill 27516Seller’s market $277 /sq ftEfland 27243Balanced $270 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology