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Governors Village, NC

Full City Profile · North Carolina · Chatham County County

3.7 /5.0
B+ Good
2,148 Population 4,773/sq mi density
$124,857 Median Income $70,147 per capita
$565,500 Home Value $620,620 Zillow
$1,779 Median Rent 23.4% income on rent
60°F Avg Temperature 310 sunny days/yr
143 Violent Crime/100K 2,238 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$124,857 median income, 1.3% unemployment
A
Affordability
4.1 / 5.0
$565,500 home value, $1,779/mo rent
F
Safety
1.0 / 5.0
143 violent crimes/100K
A+
Education
5.0 / 5.0
73.0% bachelor's degree or higher

Housing Overview

Median Home Value
$565,500
101% above
US avg: $281,900
Median Rent
$1,779/mo
53% above
US avg: $1,163/mo
Homeownership Rate
60.7%
7% below US avg (65.4%)
Total Housing Units
716
Median year built: 2003

Home Value by Source

Census Median
$565,500
Zillow (ZHVI)
$620,620
Median Sale Price
$750,000
Median List Price
$817,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

60.7%
Owner-Occupied
39.3%
Renter-Occupied
61%
39%
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: $1,779/mo

Market Indicators (Redfin)

Median Days on Market
44 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
50.0%
of listings with price reduction
Price Per Sq Ft
$245
Active Inventory
4
homes for sale

Affordability & Housing Stock

Rent Burden
23.4%
of renters spending 30%+ of income on housing
25% below US avg (31.0%)
Median Year Built
2003
Average age of housing stock: 23 years
Homeownership Rate
60.7%

Complete Housing Data

Home Values

Census Median Value$565,500
Zillow Home Value (ZHVI)$620,620
Median Sale Price$750,000
Median List Price$817,500
Price Per Sq Ft$245

Rent

Census Median Rent$1,779
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 Market44
Sale-to-List Ratio1.0%
Price Drops50.0%
Homes Sold1
Active Inventory4
Price Per Sq Ft$245

Ownership & Stock

Owner-Occupied60.7%
Renter-Occupied39.3%
Homeownership Rate60.7%
Total Housing Units716
Median Year Built2003
Rent Burden23.4%