2024 Compare Cities Housing:
Chapel Hill, NC vs Richmond, VA

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Highlights
- The median age of a home in Chapel Hill is 90.9% younger than the median age of a home in Richmond.
 Chapel Hill, NCRichmond, VAUnited States
 Median Home Age336342
 Median Home Cost$550,100$327,100$338,100
 Home Appr. Last 12 months25.0%15.2%16.6%
 Home Appr. Last 5 yrs.72.2%57.5%57.0%
 Home Appr. Last 10 yrs.108.5%93.9%101.1%
 Property Tax Rate$11.1$9.5$11.0
 Homes Owned44.3%38.9%57.4%
 Housing Vacant10.1%10.3%11.2%
 Homes Rented45.6%50.8%31.4%
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 Avg Rent For Home Or Apartment
 Chapel Hill, NCRichmond, VAUnited States
 Average Rent$1,730$1,680$1,840
 Studio Apartment$1,190$1,140$1,080
 1 Bedroom Home or Apartment$1,190$1,170$1,180
 2 Bedroom Home or Apartment$1,390$1,320$1,430
 3 Bedroom Home or Apartment$1,760$1,710$1,860
 4 Bedroom Home or Apartment$2,140$2,080$2,160
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 Vacant Housing
 Chapel Hill, NCRichmond, VAUnited States
 Vacant For Rent2.5%2.9%1.9%
 Vacant Rented1.6%1.3%0.4%
 Vacant For Sale0.8%0.6%0.7%
 Vacant Sold0.0%0.6%0.4%
 Vacant Vacation0.9%0.3%3.6%
 Vacant Other4.3%4.6%4.1%
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 Owner-Occupied Housing Value
 Chapel Hill, NCRichmond, VAUnited States
 Less Than $20,0000.7%1.1%2.6%
 $20,000 to $39,9990.1%0.4%2.4%
 $40,000 to $59,9990.4%0.9%2.8%
 $60,000 to $79,9990.3%2.9%3.9%
 $80,000 to $99,9990.4%4.2%4.5%
 $100,000 to $149,9992.8%11.4%11.3%
 $150,000 to $199,9995.0%15.1%13.0%
 $200,000 to $299,99914.6%21.0%20.1%
 $300,000 to $399,99916.8%16.5%13.6%
 $400,000 to $499,99916.7%8.6%8.3%
 $500,000 to $749,99927.0%10.3%9.7%
 $750,000 to $999,9999.2%3.9%3.9%
 $1,000,000 to $1,499,9994.8%2.3%2.2%
 $1,500,000 to $1,999,9990.7%0.7%0.8%
 $2,000,000 and over0.7%0.8%1.1%
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 Housing Units By Year Built
 Chapel Hill, NCRichmond, VAUnited States
 2015 and Newer0.4%0.1%0.2%
 2010 to 201418.2%5.3%13.6%
 2000 to 200918.2%5.3%13.6%
 1990 to 199918.3%5.8%13.6%
 1980 to 198914.6%7.1%13.2%
 1970 to 197915.1%9.9%14.8%
 1960 to 196918.3%5.8%13.6%
 1950 to 19597.5%14.7%10.0%
 1940 to 19492.6%9.1%4.7%
 1939 or Earlier3.1%29.6%12.2%
Reviews for Chapel Hill    16 Reviews

Between my wife and I, we've lived in Raleigh, Cary, Durham, and Chapel Hill, and it's Chapel Hill we prefer. Franklin Street is always lively with an eclectic mix of  More

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I am not sure if Bert has actually been to the Triangle, but for starters, Durham, as Chapel Hill residents know and envy, is and has been for 5 yrs now a vibrant  More

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someone told me they live in the hills/mountains right near chapel hill, and the summers are much cooler there, while the town itself is easily accessible. is this  More

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Reviews for Richmond    109 Reviews

Over 2 years ago

Lived here for a year and it’s not perfect but it’s constantly improving now (areas redevloped, more businesses, job growth). Cost of living is great compared to  More

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Over 3 years ago

We love Richmond so much that when we talk about where we'd like to live if we could live anywhere in the US, we always come back to RVA. We live in the city proper  More

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Over 3 years ago

I'm an out-of-towner but am coming up on 1 year in Richmond. I would summarize it this way: the best thing and the worst thing about Richmond is its location. I'll  More

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