Chapel Hill housing market: home prices, trends and forecast
Chapel Hill home prices: in September 2026, the Zillow Home Value Index put a typical home in Chapel Hill, North Carolina at $621,909, down −0.7% from a year earlier and −1.2% from its June 2025 peak of $629,290.
- Value of a typical home
- $621,909September 2026, Zillow ZHVI
- Change over 12 months
- −0.7%. Change since September 2025.
Chapel Hill home prices since 2000
The grey line tracks the United States; the steel line tracks Chapel Hill. From February 2001, the typical home in Chapel Hill increased from $255,308 to $621,909, or ×2.44, while the US rose ×2.79 during those months. At the boom peak in March 2008, the value reached $372,310; the July 2012 low was $313,505, a decline of −15.8%.
Home price medians in Chapel Hill, by year
Each year averages its twelve monthly figures. For 2026, only the latest month is shown.
| Year | Chapel Hill | Change on the year | United States |
|---|---|---|---|
| 2002 | $276,850 | $144,276 | |
| 2003 | $286,775 | +3.6% | $155,308 |
| 2004 | $299,466 | +4.4% | $169,891 |
| 2005 | $321,184 | +7.3% | $189,732 |
| 2006 | $347,632 | +8.2% | $206,531 |
| 2007 | $364,257 | +4.8% | $208,449 |
| 2008 | $367,845 | +1.0% | $195,574 |
| 2009 | $350,389 | −4.7% | $177,542 |
| 2010 | $345,546 | −1.4% | $171,462 |
| 2011 | $330,540 | −4.3% | $162,508 |
| 2012 | $315,700 | −4.5% | $161,137 |
| 2013 | $323,563 | +2.5% | $171,420 |
| 2014 | $335,070 | +3.6% | $182,996 |
| 2015 | $341,494 | +1.9% | $192,738 |
| 2016 | $349,533 | +2.4% | $204,509 |
| 2017 | $361,242 | +3.3% | $216,767 |
| 2018 | $380,016 | +5.2% | $230,541 |
| 2019 | $394,175 | +3.7% | $242,088 |
| 2020 | $409,186 | +3.8% | $257,151 |
| 2021 | $467,207 | +14.2% | $295,959 |
| 2022 | $563,295 | +20.6% | $340,014 |
| 2023 | $591,298 | +5.0% | $348,160 |
| 2024 | $621,839 | +5.2% | $359,751 |
| 2025 | $627,516 | +0.9% | $362,959 |
| September 2026 | $621,909 | −0.7% | $366,157 |
What a home bought in Chapel Hill in any year is worth today
This index-based estimate is for a typical home, not an appraisal.
Each year's figure averages its twelve monthly index values, and the current value is September 2026. More tools: home appreciation calculator.
Considering a sale? Compare agents in your area on Realtor.com. This site may receive payment for links like this one, but that never changes a number. Advertising Disclosure.
Chapel Hill housing market forecast
In the Durham, NC metro, Zillow's forecast shows −0.4% across the 12 months from September 2026, with a separate −0.3% for the next three months. That forecast applied to Chapel Hill's typical home value of $621,909 would leave the figure near $619,400 a year on.
Zillow's central estimate for the metro is restated here; this site does not publish its own forecast. Such 12-month forecasts have usually differed from the realised change by several percentage points, either above or below. This is not investment advice.
See forecasts for every metro in one table: housing market forecast.
Chapel Hill housing market crash risk score
A high score of 69 out of 100
It ranks Chapel Hill against the 292 cities based on five conditions that were high before past price falls. Compared with the other cities, each input is scored from 0 to 100, and all five scores carry equal weight in the average. It shows conditions today without forecasting a crash.
| Input | Value | Sub-score | Weight |
|---|---|---|---|
| Active listings vs 2019 | +25.5% | 77 | 20% |
| Time homes spend on the market vs 2019 | −3.2% | 31 | 20% |
| Price-to-rent ratio | 30.1 | 93 | 20% |
| 12-month price change | −0.7% | 75 | 20% |
This is not investment advice. Learn how each input is scored in the methodology. See the ranking of all 292 cities: city crash risk.
Home inventory and time on the market in Chapel Hill
In September 2026 the Durham, NC region (metro) counted 2,310 homes listed for sale, up +18.2% from a year earlier and up +25.5% from that month in 2019. The median time to sell was 60 days (−3.2% against 2019), while 24.1% of listings received a price cut.
| Durham, NC metro, September 2026 | Value | On a year |
|---|---|---|
| Active listings | 2,310 | +18.2% |
| New listings | 816 | |
| Median days on market | 60 | +3.9% |
| Median list price | $460,135 | −4.0% |
| Share with a price cut | 24.1% |
Realtor.com data from Realtor.com® Economic Research, covering metro inventory. For each metro, see city days on market.
Chapel Hill rent and living costs
The Zillow Observed Rent Index puts the typical asking rent in Chapel Hill at $1,723 each month, +1.1% over a year. A typical home costs the same as 30.1 years of that rent. BEA scores metro prices at 97.6 where the US average is 100, and housing costs at 98.9.
Additional North Carolina housing markets
- In Charlotte, $389,648.
- In Raleigh, $424,663.
- In Greensboro, $260,573.
- In Durham, $384,724.
- In Winston-Salem, $260,047.
- Fayetteville, North Carolina $221,511
- Wilmington, North Carolina $416,464
- Asheville $444,478
For the whole state: North Carolina housing market.
How to read this chart
Each point on the chart plots the Zillow Home Value Index for Chapel Hill. The figure is what a typical home in the market's middle third was worth, smoothed and seasonally adjusted, in that month's dollars. A hollow dot shows the month chosen on the slider, and a terracotta dot shows the most recent month. No inflation adjustment applies to these figures. An index follows the typical home rather than one house, so use the card above or the home appreciation calculator to estimate one home from its sale price.