Chapel Hill, NC 27516 Real Estate & Property Data

Chapel Hill, NC 27516 Real Estate Market Trends
Last Updated: April 27, 2024

A total of 659 residential properties have been sold over the past 12 months in 27516. With a median sales price of $530,000 in 27516 and a total of 3 foreclosures in Chapel Hill, NC 27516. Discover market trends and get the granular level real estate data for Chapel Hill, NC 27516 to keep your pulse on the housing market. Curate compelling home reports for Chapel Hill, NC 27516 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Chapel Hill, NC 27516 Real Estate Market Trends
Total Residential Properties 15,063
Total Commercial Properties 259
Avg. Home Age (Single Family Home) 32 Years
Avg. Square Feet (Single Family Home) 2,363
Total 2024 Residential Sales (year-to-date) 85
% of Homes Seriously Underwater (Q2 2024) 0.59%
Total 2023 Residential Sales 605
% of Equity Rich Homes (Q2 2024) 48.93%
Effective 2023 Property Tax 0.81%
Total Foreclosure Filings (year-to-date) 3
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Chapel Hill, NC 27516 Real Estate Overview

There were 659 residential properties sold in the past year in Chapel Hill, NC 27516. The median home value in Chapel Hill, NC 27516 is $602,578. There are a total of 15,063 residential properties in the 27516.

Median Sales Price i
$530,000
(Feb 2024)
+13.1%
year-over-year
y-o-y
  • February '24 Feb '24 $530,000
  • January '24 Jan '24 $597,500
  • December '23 Dec '23 $725,000
  • November '23 Nov '23 $705,000
  • October '23 Oct '23 $584,000
  • September '23 Sep '23 $672,500
  • August '23 Aug '23 $540,000
  • July '23 Jul '23 $660,000
  • June '23 Jun '23 $662,000
  • May '23 May '23 $665,000
  • April '23 Apr '23 $550,000
  • March '23 Mar '23 $646,250
Median Down Payment i
$100,500
(Feb 2024)
-19.6%
year-over-year
y-o-y
  • February '24 Feb '24 $100,500
  • January '24 Jan '24 $54,500
  • December '23 Dec '23 $138,125
  • November '23 Nov '23 $138,000
  • October '23 Oct '23 $112,500
  • September '23 Sep '23 $102,000
  • August '23 Aug '23 $116,000
  • July '23 Jul '23 $185,775
  • June '23 Jun '23 $155,000
  • May '23 May '23 $113,500
  • April '23 Apr '23 $100,000
  • March '23 Mar '23 $217,200
Number of Homes Sold i
47
(Feb 2024)
+42.4%
year-over-year
y-o-y
  • February '24 Feb '24 47
  • January '24 Jan '24 38
  • December '23 Dec '23 23
  • November '23 Nov '23 41
  • October '23 Oct '23 51
  • September '23 Sep '23 40
  • August '23 Aug '23 63
  • July '23 Jul '23 55
  • June '23 Jun '23 90
  • May '23 May '23 68
  • April '23 Apr '23 60
  • March '23 Mar '23 50
Number of Purchase Loans i
32
(Feb 2024)
+88.2%
year-over-year
y-o-y
  • February '24 Feb '24 32
  • January '24 Jan '24 18
  • December '23 Dec '23 17
  • November '23 Nov '23 30
  • October '23 Oct '23 39
  • September '23 Sep '23 25
  • August '23 Aug '23 47
  • July '23 Jul '23 43
  • June '23 Jun '23 60
  • May '23 May '23 49
  • April '23 Apr '23 40
  • March '23 Mar '23 29
Number of REFI Loans i
14
(Feb 2024)
+75%
year-over-year
y-o-y
  • February '24 Feb '24 14
  • January '24 Jan '24 9
  • December '23 Dec '23 8
  • November '23 Nov '23 6
  • October '23 Oct '23 14
  • September '23 Sep '23 9
  • August '23 Aug '23 22
  • July '23 Jul '23 11
  • June '23 Jun '23 15
  • May '23 May '23 11
  • April '23 Apr '23 17
  • March '23 Mar '23 11
Number of HELOC Loans i
16
(Feb 2024)
-33.3%
year-over-year
y-o-y
  • February '24 Feb '24 16
  • January '24 Jan '24 16
  • December '23 Dec '23 12
  • November '23 Nov '23 17
  • October '23 Oct '23 21
  • September '23 Sep '23 36
  • August '23 Aug '23 26
  • July '23 Jul '23 25
  • June '23 Jun '23 31
  • May '23 May '23 34
  • April '23 Apr '23 42
  • March '23 Mar '23 36

Chapel Hill, NC 27516 Foreclosure Activity

There were a total of 3 Chapel Hill, NC 27516 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i
3
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 3
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 2
  • September '23 Sep '23 1
  • August '23 Aug '23 N/A
  • July '23 Jul '23 2
  • June '23 Jun '23 1
  • May '23 May '23 3
  • April '23 Apr '23 1
  • March '23 Mar '23 2
Foreclosure Starts i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 2
  • September '23 Sep '23 1
  • August '23 Aug '23 N/A
  • July '23 Jul '23 2
  • June '23 Jun '23 N/A
  • May '23 May '23 2
  • April '23 Apr '23 N/A
  • March '23 Mar '23 2
Completed Foreclosures (REOs) i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 N/A
  • December '23 Dec '23 1
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 1
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 1
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
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