Chapel Hill, NC Housing Market: Home Prices & Rent
Chapel Hill home values since 2000
Last few years
Rent in Chapel Hill
Owning vs renting, monthly
Buying the typical Chapel Hill home with 20% down at this week's 7.32% 30-year rate costs about $4,195/month (principal, interest plus ~1.5% a year for tax and insurance) vs $1,723/month typical rent.
Rate: Freddie Mac, week of Oct 22, 2026. Estimate for comparison only.
Chapel Hill vs the Durham metro, North Carolina and the U.S.
| Typical home | 12-month change | Typical rent | |
|---|---|---|---|
| Chapel Hill, NC | $622k | -0.7% | $1,723/mo |
| Durham metro | $402k | -2.5% | $1,640/mo |
| North Carolina | $332k | -0.2% | - |
| United States | $366k | +1.2% | $1,932/mo |
Get Chapel Hill, NC's housing report every month
Home prices, rent and what changed - one short email when the new data comes out. Free, unsubscribe any time.
Common questions
Are home prices falling in Chapel Hill, NC?
Yes - the typical Chapel Hill home value is down 0.7% over the past 12 months, at $622k (September 2026).
Is the Chapel Hill housing market crashing?
Home values are close to their 2020s high and down 0.7% over the past year - a gradual decline, not a sudden collapse. Whether that continues isn't knowable from the data - this page updates every month when new figures come out.
How much is rent in Chapel Hill, NC?
Typical rent in Chapel Hill is $1,723 a month (September 2026), +1.1% over 12 months.
Is Chapel Hill more expensive than the rest of the Durham area?
The typical Chapel Hill home ($622k) is 55% above the Durham metro typical of $402k (September 2026).
More of the Durham area
Sources: Data Provided by Zillow Group (Zillow Home Value Index and Zillow Observed Rent Index for the city of Chapel Hill, September 2026; days to contract for the metro area). 30-year mortgage rate: Freddie Mac PMMS. How we calculate.