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The Downs

CHAPEL HILL, NC 27517

Real Estate Market Report  ·  Chatham County
Balanced Market
April 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 27517

The Downs

Market Analysis

Data as of April 2026. Source: Realtor.com.

The CHAPEL HILL, NC real estate market (27517) currently shows 193 active listings, with 66 pending sales. Homes are averaging 34 days on the market before going under contract.

Inventory has increased compared to last year, with 49 more homes available — giving buyers more choice.

Homes are selling faster, averaging 34 days on market compared to 40 days last year.

The median listing price has fallen 13% year-over-year, from $939,750 to $817,500.

Whether you are buying or selling in CHAPEL HILL, NC, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 27,761  ·  Density: 233.0/mi²  ·  Median household income: $117,757

Typical home value: $535,873  ·  Homeownership: 66.9%

Market Overview

Active Listings
193
⇧ 34% vs 144 last year
Pending
66
34% pending ratio
Median Price
$817,500
⇩ 13% vs $939,750 last year
Average Price
$1,001,353
⇩ 23.7% vs $1,311,609 last year
Days on Market
34
⇩ 15% vs 40 days last year

Price Per Square Foot

Median $/sqft
$282
⇩ 0.4% vs $283/sqft last year
Median Home Size
3,115 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 193 this year vs 144 last year
  • Days on market: 34 now vs 40 last year

Median & Average Pricing

Year over Year
  • Median: $817,500 (-13% YoY)
  • Average: $1,001,353 (-23.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 17.7 miles — 1,690 listings ($1,028,772,014 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
27517Chapel Hill, NC 275170.0 mi121$117,876,143$827,500$974,183
27713Durham, NC 277136.0 mi183$112,543,353$408,500$614,991
27516Chapel Hill, NC 275168.2 mi151$120,721,329$662,500$799,479
27514Chapel Hill, NC 275148.6 mi75$54,284,100$505,000$723,788
27502Apex, NC 2750211.0 mi179$113,193,514$537,500$632,366
27560Morrisville, NC 2756011.6 mi66$38,321,382$495,000$580,627
27701Durham, NC 2770113.0 mi118$73,869,770$460,500$626,015
27562New Hill, NC 2756214.3 mi42$48,446,202$742,500$1,153,481
27703Durham, NC 2770315.1 mi440$194,054,080$404,033$441,032
27559Moncure, NC 2755915.2 mi9$6,198,939$430,000$688,771
27539Apex, NC 2753916.9 mi118$79,761,982$606,933$675,949
27340Saxapahaw, NC 2734017.1 mi3$1,835,250$611,750$611,750
27704Durham, NC 2770417.7 mi185$67,665,970$329,950$365,762

Frequently Asked Questions

How many homes are for sale in CHAPEL HILL, NC 27517?

As of April 2026, there are 193 active listings in CHAPEL HILL, NC (zip code 27517), compared to 144 the prior year.

What is the median home price in CHAPEL HILL, NC 27517?

The median listing price in CHAPEL HILL, NC 27517 is $817,500 as of April 2026, a 13% decrease from $939,750 the prior year.

How long do homes stay on the market in CHAPEL HILL, NC?

Homes in CHAPEL HILL, NC 27517 spend an average of 34 days on the market before going under contract, compared to 40 days the prior year.

Is it a seller's or buyer's market in CHAPEL HILL, NC 27517?

Based on current inventory and days-on-market data as of April 2026, CHAPEL HILL, NC 27517 is currently a Balanced Market. Inventory has increased compared to last year, with 49 more homes available — giving buyers more choice. Homes are selling faster, averaging 34 days on market compared to 40 days last year.

How much can I save on real estate commission in CHAPEL HILL, NC?

With SELL123.com's maximum 3% commission, sellers in CHAPEL HILL, NC 27517 save an estimated $16,350 compared to a typical 5% commission on the median listing price of $817,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.