Chapel Hill Home Prices & Values

$66,400 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • -0.2% 1-year change
  • 1.2% 1-year forecast

The median home value in Chapel Hill is $66,400. Chapel Hill home values have declined -0.2% over the past year and Zillow predicts they will rise 1.2% within the next year. The median list price per square foot in Chapel Hill is $55, which is higher than the Akron average of $53. The median price of homes currently listed in Chapel Hill is $68,000 while the median price of homes that sold is $83,000.

Foreclosures will be a factor impacting home values in the next several years. In Chapel Hill 15.1 homes are foreclosed (per 10,000). This is greater than the Akron value of 14.2 and also greater than the national value of 4.8

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Relative ZHVI
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Chapel Hill Market Overview

Data through May 31, 2014
  • $66,400 ZHVI
  • 1.2% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (May 31, 2015)
  • $68,000 Median listing price
  • No recent data Median sale price
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Chapel Hill Market Health

Data through May 31, 2014
  • 1.9/10 Less healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average of days on Zillow
  • No data Homes with negative equity (18.8% US Avg)
  • No data Delinquent on mortgage (7.2% US Avg)

Homes foreclosed (per 10,000)

15.1 homes Chapel Hill
14.2 homes Akron
4.8 homes United States
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Nearby Neighborhoods

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Highland Square $84,300 Ellet $82,100 Goodyear Heights $62,000
North Hill $57,100 Elizabeth Park Valley $51,000 South Akron $44,400
University of Ohio Akron $43,500 Middlebury $42,400 East Akron $39,800

Listings & Sales

Data through May 31, 2014
  • $55 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 27.9% Listings with price cut
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Chapel Hill Rentals

Data through May 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$792 Chapel Hill
$749 Akron
$1,310 United States
  • 2.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • No data Rent list price
  • No data Rent list price / sq ft
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