In recent years, Chapel Hill, North Carolina, has become a haven for homeowners. Chapel Hill real estate has become more and more popular, and thankfully this has not inflated the market too much. Chapel Hill has everything a homeowner could want: a fun college town, fabulous restaurants, entertainment, and education, and stunning views. Here's a closer look at some of what Chapel Hill has to offer:
The real estate market in Chapel Hill is diverse - the area ranks third in the nation for the number of modernist homes, and other styles are popular throughout. Price also varies greatly, with a large number of homes worth over a million for such a small town. For the artistic mind who wants to start from scratch, there is land available from around $40,000. For those seeking a single-family home, Chapel Hill offers wonderful neighborhoods with homes from $150,000. And for the person looking to settle into something eye-popping, Chapel Hill is home to a number of upper-echelon homes starting at around $500,000.
Chapel Hill sits in a hub of academic success: it is home to the acclaimed University of North Carolina at Chapel Hill, while North Carolina State and prestigious Duke University are just a few miles away. The result is a trickle-down effect that can be felt on the local school scene. The local public and private middle, elementary, and high schools are all influenced by the phenomenal nearby universities, which produce great teachers, museums, and exhibits, while also having a profound influence on Chapel Hill children.
In recent years, Chapel Hill has had a food renaissance of sorts, turning into one of America's gastronomical gems. In fact, the food magazine Bon Appetit named Chapel Hill "Foodiest Small Town in America" in 2008, and many of the area's acclaimed restaurants - such as Elaine's on Franklin, and Lantern Restaurant - have received national attention and been featured in premier television shows and magazines.
Because of Chapel Hill's close proximity to the universities mentioned above, there are plenty of activities and nightlife. The surrounding schools offer a myriad of opportunities for sporting events, art exhibits (Ackland Art Museum being one of them), and performances, while the preponderance of undergraduate and graduate students has resulted in a booming nightlife scene in the city. It's not all influenced by the schools, however, and besides great restaurants, Chapel Hill is home to art galleries, movie theaters, and coffee shops. Downtown Chapel Hill (around Franklin Street) is a bustling area with tons of real estate listings in the surrounding area.
Chapel Hill offers neighborhoods of every kind, from those such as Cameron-McCauley (the historic district), to Lake Forest (aptly named for its lakeside location). There are neighborhoods that have a large selection of contemporary homes (Timberlyne) or new builds (Briar Chapel or Winmore), as well as golf communities (Governor's Club and the Oaks). Whatever you're looking for, chances are you'll find Chapel Hill homes for sale that fit your criteria and lifestyle. Whether you are looking for an open kitchen, large dining rooms, or classic homes that were built years ago, Chapel Hill's residential real estate market is the perfect one for you.
Chapel Hill and the Triangle Housing Market Reports are available here: https://www.trianglehousehunter.com/blog/category/market_conditions/
Check out the sidebar to the right to explore popular neighborhoods in Chapel Hill!
Contact us to schedule an buyer consultation at our office and starting touring homes! Whether you are looking for a fixer-upper or something move-in ready we are happy to help you with your home search.
Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2020 Triangle MLS, Inc. of North Carolina. Data last updated .