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Chapel Hill, NC
Full City Profile · North Carolina · Chatham County County
3.3
/5.0
B
Good
59,889
Population
2,760/sq mi density
$85,825
Median Income
$50,216 per capita
$576,500
Home Value
$620,620 Zillow
$1,483
Median Rent
35.6% income on rent
61°F
Avg Temperature
310 sunny days/yr
94
Violent Crime/100K
1,507 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$85,825 median income, 2.7% unemployment
C+
Affordability
2.9 / 5.0
$576,500 home value, $1,483/mo rent
F
Safety
1.0 / 5.0
94 violent crimes/100K
A+
Education
5.0 / 5.0
77.2% bachelor's degree or higher
Housing Overview
Median Home Value
$576,500
105% above
US avg: $281,900
Median Rent
$1,483/mo
28% above
US avg: $1,163/mo
Homeownership Rate
48.7%
26% below US avg (65.4%)
Total Housing Units
22,397
Median year built: 1988
Home Value by Source
Census Median
$576,500
Zillow (ZHVI)
$620,620
Median Sale Price
$520,000
Median List Price
$594,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
48.7%
Owner-Occupied
51.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$932/mo
1 Bedroom
$981/mo
2 Bedroom
$1,161/mo
3 Bedroom
$1,499/mo
4 Bedroom
$1,780/mo
Census median rent:
$1,483/mo
· Zillow rent:
$1,723/mo
Market Indicators (Redfin)
Median Days on Market
54 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
27
Price Drops
19.5%
of listings with price reduction
Price Per Sq Ft
$256
Active Inventory
128
homes for sale
Affordability & Housing Stock
Rent Burden
35.6%
of renters spending 30%+ of income on housing
15% above US avg (31.0%)
Median Year Built
1988
Average age of housing stock: 38 years
Homeownership Rate
48.7%
Complete Housing Data
Home Values
| Census Median Value | $576,500 |
| Zillow Home Value (ZHVI) | $620,620 |
| Median Sale Price | $520,000 |
| Median List Price | $594,900 |
| Price Per Sq Ft | $256 |
Rent
| Census Median Rent | $1,483 |
| Zillow Rent (ZORI) | $1,723 |
| FMR Studio | $932 |
| FMR 1-Bedroom | $981 |
| FMR 2-Bedroom | $1,161 |
| FMR 3-Bedroom | $1,499 |
| FMR 4-Bedroom | $1,780 |
Market
| Days on Market | 54 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 19.5% |
| Homes Sold | 27 |
| Active Inventory | 128 |
| Price Per Sq Ft | $256 |
Ownership & Stock
| Owner-Occupied | 48.7% |
| Renter-Occupied | 51.3% |
| Homeownership Rate | 48.7% |
| Total Housing Units | 22,397 |
| Median Year Built | 1988 |
| Rent Burden | 35.6% |