Zip 27514 (Chapel Hill, NC) Housing

The housing market in 27514 Chapel Hill, NC is flourishing, with an impressive median value of $569,300 compared to the US median of $338,100. This area has seen a spectacular 15.26% appreciation in housing value over the past year, far outpacing the national average of 8.27%. With such a noteworthy appreciation rate, it's no wonder that Chapel Hill is becoming so popular among home buyers and real estate investors alike.

The median home cost in Chapel Hill (zip 27514) is $569,300. Home appreciation the last 10 years has been 108.1%. Home Appreciation in Chapel Hill (zip 27514) is up 25.0%.

Average Age of Homes

- The median age of Chapel Hill (zip 27514) real estate is 35 years old

The Rental Market in Chapel Hill (zip 27514)

- Renters make up 48.7% of the Chapel Hill (zip 27514) population
- 3.1% of houses and apartments in Chapel Hill (zip 27514), 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
	11,071.0	139,647,020.0
	37	42
	$569,300	$338,100
	25.0%	16.6%
	72.1%	57.0%
	108.1%	101.1%
	$13.81	$10.98
	$7,049	$2,690
	44.9%	57.4%
	10.7%	11.2%
	44.4%	31.4%
Vacant Housing
	3.1%	1.9%
	1.8%	0.4%
	0.3%	0.7%
	0.0%	0.4%
	0.6%	3.6%
	4.9%	4.1%
Value of Owner-Occupied Housing
	1.9%	2.6%
	0.0%	2.4%
	0.3%	2.8%
	0.4%	3.9%
	0.0%	4.5%
	2.6%	11.3%
	1.6%	13.0%
	10.4%	20.1%
	14.8%	13.6%
	16.7%	8.3%
	31.4%	9.7%
	12.7%	3.9%
	5.2%	2.2%
	1.2%	0.8%
	0.7%	1.1%
Housing Units by Year Structure Built
	0.6%	0.2%
	13.0%	13.6%
	13.0%	13.6%
	14.6%	13.6%
	20.6%	13.2%
	21.7%	14.8%
	14.6%	13.6%
	6.0%	10.0%
	2.3%	4.7%
	3.2%	12.2%

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