1. What is the current state of the Chapel Hill housing market?
Chapel Hill's real estate market has historically exhibited steady growth, with recent data for June 2024 suggesting a continuation of this trend. Median sale prices show a potential increase year-over-year, and inventory levels might be slightly lower compared to previous months, indicating a competitive market. The desirability of neighborhoods close to the university and those with top-rated schools remains high.
2. What types of properties are available in Chapel Hill?
Chapel Hill offers a diverse housing landscape catering to various needs and budgets. Single-family homes dominate the market, ranging from charming bungalows and stately Georgian colonials to modern abodes and sprawling estate properties. The availability of condominiums and townhomes is significant, particularly in areas close to the university and downtown, offering a lower-maintenance living option. Opportunities for new construction exist within established neighborhoods and some undeveloped pockets.
3. What are the advantages of living in Chapel Hill?
Beyond the undeniable allure of a stimulating intellectual environment, beautiful natural surroundings, and a strong sense of community, Chapel Hill offers a plethora of advantages. The presence of UNC Chapel Hill fosters a vibrant cultural scene with museums, theaters, and acclaimed sporting events. The thriving downtown area caters to diverse tastes with its shops, restaurants, and nightlife options. Highly-rated public schools solidify the appeal for families seeking a quality education for their children. The Eno River and nearby parks provide opportunities for outdoor recreation and a connection with nature.
4. What are some things to consider before buying in Chapel Hill?
The cost of living in Chapel Hill is generally higher compared to other areas of North Carolina. Real estate prices reflect this demand, particularly in desirable neighborhoods. Car ownership is essential for navigating the area, running errands, and exploring the surrounding region. Traffic congestion, especially around the university, can be a factor to consider during peak hours.
5. Is Chapel Hill a good place to raise a family?
Chapel Hill offers a safe and nurturing environment for families with access to excellent public schools, some consistently ranked among the best in the state. The abundance of parks, recreational activities, and a strong sense of community create a positive backdrop for raising children. The presence of the university provides a stimulating environment and cultural enrichment opportunities. However, the higher cost of living and potential for traffic congestion might be a consideration for some families. Ultimately, the suitability depends on individual family needs and budget priorities.
60,920 people live in Chapel Hill, where the median age is 25 and the average individual income is $44,029. Data provided by the U.S. Census Bureau.
Total Population
Median Age
Population Density Population Density This is the number of people per square mile in a neighborhood.
Average individual Income
There's plenty to do around Chapel Hill, including shopping, dining, nightlife, parks, and more. Data provided by Walk Score and Yelp.
Explore popular things to do in the area, including Box Turtle Bakery, The Sweet Tea Cafe, and FlowCorps - Chapel Hill.
Name | Category | Distance | Reviews |
Ratings by
Yelp
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Dining · $ | 2.41 miles | 6 reviews | 5/5 stars | |
Dining | 3.42 miles | 7 reviews | 5/5 stars | |
Active | 0.82 miles | 5 reviews | 5/5 stars | |
Active | 2.47 miles | 5 reviews | 5/5 stars | |
Active | 2.58 miles | 7 reviews | 5/5 stars | |
Active | 3.26 miles | 14 reviews | 5/5 stars | |
Active | 3.13 miles | 5 reviews | 5/5 stars | |
Active | 2.33 miles | 5 reviews | 5/5 stars | |
Active | 4.35 miles | 10 reviews | 5/5 stars | |
Active | 1.35 miles | 10 reviews | 5/5 stars | |
Active | 4.43 miles | 11 reviews | 5/5 stars | |
Nightlife | 1.18 miles | 5 reviews | 5/5 stars | |
Beauty | 1.7 miles | 5 reviews | 5/5 stars | |
Beauty | 4.52 miles | 6 reviews | 5/5 stars | |
Beauty | 1.64 miles | 6 reviews | 5/5 stars | |
Beauty | 4.38 miles | 5 reviews | 5/5 stars | |
Beauty | 4.33 miles | 6 reviews | 5/5 stars | |
Beauty | 1.35 miles | 30 reviews | 5/5 stars | |
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Chapel Hill has 20,114 households, with an average household size of 2.46. Data provided by the U.S. Census Bureau. Here’s what the people living in Chapel Hill do for work — and how long it takes them to get there. Data provided by the U.S. Census Bureau. 60,920 people call Chapel Hill home. The population density is 2,820.72 and the largest age group is Data provided by the U.S. Census Bureau.
Total Population
Population Density Population Density This is the number of people per square mile in a neighborhood.
Median Age
Men vs Women
Population by Age Group
0-9 Years
10-17 Years
18-24 Years
25-64 Years
65-74 Years
75+ Years
Education Level
Total Households
Average Household Size
Average individual Income
Households with Children
With Children:
Without Children:
Marital Status
Blue vs White Collar Workers
Blue Collar:
White Collar:
Dana has a full range of real estate experiences - she has built new homes, purchased a handful of commercial and residential properties and completed multiple renovations. Contact her today!