Zip 27517 (Chapel Hill, NC) Housing

The median house value in 27517 Chapel Hill, NC is $575,800 which is significantly higher than the US median value of $338,100. This difference can be attributed to the 15.26% 1 year house appreciation rate in Chapel Hill compared to the 8.27% across the United States as a whole. The strong appreciation and high median value reflects the popularity of living in this city and its attractiveness to potential buyers.

The median home cost in Chapel Hill (zip 27517) is $575,800. Home appreciation the last 10 years has been 108.1%. Home Appreciation in Chapel Hill (zip 27517) is up 25.0%.

Average Age of Homes

- The median age of Chapel Hill (zip 27517) real estate is 24 years old

The Rental Market in Chapel Hill (zip 27517)

- Renters make up 27.4% of the Chapel Hill (zip 27517) population
- 1.6% of houses and apartments in Chapel Hill (zip 27517), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Chapel Hill, North Carolina	United States
	12,144.0	139,647,020.0
	24	42
	$575,800	$338,100
	25.0%	16.6%
	72.1%	57.0%
	108.1%	101.1%
	$9.82	$10.98
	$4,427	$2,690
	63.2%	57.4%
	7.6%	11.2%
	29.2%	31.4%
Vacant Housing
	1.6%	1.9%
	2.0%	0.4%
	1.0%	0.7%
	0.4%	0.4%
	0.1%	3.6%
	2.5%	4.1%
Value of Owner-Occupied Housing
	1.0%	2.6%
	0.1%	2.4%
	0.7%	2.8%
	0.4%	3.9%
	1.0%	4.5%
	2.5%	11.3%
	5.0%	13.0%
	11.2%	20.1%
	20.3%	13.6%
	15.6%	8.3%
	26.3%	9.7%
	9.1%	3.9%
	5.5%	2.2%
	1.0%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	27.4%	13.6%
	27.4%	13.6%
	22.0%	13.6%
	11.4%	13.2%
	6.8%	14.8%
	22.0%	13.6%
	5.8%	10.0%
	1.6%	4.7%
	0.8%	12.2%

Reviews for Chapel Hill

See all (0)

Write a Review

Start Your Review of Chapel Hill

Commute

The premier source for comprehensive city data for over 30 years.