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Is Chapel Hill, NC 27517 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Chapel Hill is a balanced market. With about 4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score42/ 100

More competitive than 41% of U.S. ZIP codes, and #120 of 424 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply4Under 4 months = seller’s market
Sold above original list18.3%Share of sales, last 3 months
Median sale-to-list98.3%Sold price ÷ list price
Median days on market42Listing to accepted offer
Median price per sq ft$284▲ +7.9% vs. last year

Run the numbers for 27517

Prefilled for 27517Can I win this house?Multiple-offer likelihood for a listing Prefilled for 27517Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Apex 27523Seller’s market $252 /sq ftBear Creek 27207Seller’s market $200 /sq ftBennett 27208Buyer’s market $226 /sq ftGoldston 27252Seller’s market $189 /sq ft Browse all markets →

More tools for 27517

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology