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Downtown Chapel Hill Homes for Sale

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  • /32

    $940,000

    • 2 Beds
    • 2.5 Baths
    • 1,249 Sq Ft

    601 W Rosemary St Unit 905, Chapel Hill, NC 27516

    Rare Air in Chapel Hill! Enjoy soaring views from this 9th floor Greenbridge Condominiumwhich boasts a perfect location for all things Chapel Hill and Carrboro. This exceptional twostory unit with an unparalleled panoramic view offers abundant amenities and access. Wow! isthe exclamation upon entry to this unmatched space that captivates the senses.The main floor offers the convenience of an open

    Neil Porter Peak City Realty LLC

    601 W Rosemary St Unit 905, Chapel Hill, NC 27516
  • /25

    $755,000

    • 2 Beds
    • 2 Baths
    • 1,159 Sq Ft

    601 W Rosemary St Unit 418, Chapel Hill, NC 27516

    Seize the opportunity to own a luxurious condo situated at the vibrant crossroads of Chapel Hill and Carrboro. This elegant residence offers the perfect blend of urban convenience and serene green living, located just steps away from both bustling downtowns.One of the standout features of this condo is its 280 square foot exclusive private balcony, providing breathtaking views —a rare

    Isabelle Apel Compass -- Chapel Hill - Durham

    601 W Rosemary St Unit 418, Chapel Hill, NC 27516
  • /35

    $1,034,500

    • 2 Beds
    • 2 Baths
    • 1,091 Sq Ft

    140 W Franklin St Unit 800, Chapel Hill, NC 27516

    Enjoy the premier downtown location and amenities of this well-designed and recently renovated condominium on the top floor of 140 West Franklin. It is priced below its 2025 tax value. The 8th floor condo features a newly completed kitchen renovation by local design firm Sitzer-Spuria, with new custom cabinetry by artisan Elijah Leeds and Miele appliances including a dishwasher,

    Katherine Kopp Compass -- Chapel Hill - Durham

    140 W Franklin St Unit 800, Chapel Hill, NC 27516

About Downtown Chapel Hill

Downtown Chapel Hill is a vibrant neighborhood with a mix of condos and sororities, primarily catering to students and younger families. Housing options include units in the Greenbridge condo complex and the mixed-use space at 140 West Franklin Street. Despite limited housing downtown, ongoing development aims to meet the high demand for affordable living spaces. The area is known for its high property taxes compared to neighboring counties. While designated parks are scarce, the university campus offers ample green spaces, including the historic Old Well and Battle Park's 93 acres of forested land. The North Carolina Botanical Garden, a few miles away, provides additional outdoor activities and sculptures. Franklin Street is the hub for dining and nightlife, featuring local favorites like Top of the Hill brewery, Brandwein’s Bagel, and the iconic bar He’s Not Here. Upscale dining options include Lantern, known for its Asian fusion cuisine. Events such as the Festifall Arts Market and Pride Promenade add to the neighborhood's cultural vibrancy. The area is well-connected, with Interstate 40 about 5 miles away and Raleigh-Durham International Airport 17 miles distant. Public transportation is available, with bus routes covering Chapel Hill and Carrboro. The UNC Medical Center is less than 2 miles from Franklin Street. Schools in the area are highly rated, with Carrboro Elementary, Smith Middle, and East Chapel Hill High School all earning top marks.

Frequently Asked Questions

Is Downtown Chapel Hill a good place to live?
Downtown Chapel Hill is a good place to live. Downtown Chapel Hill is considered fairly walkable and very bikeable with good transit options. Downtown Chapel Hill has 2 parks for recreational activities. It has a median age of 24. The average household income is $114,160 which is above the national average. College graduates make up 75.5% of residents. A majority of residents in Downtown Chapel Hill are renters, with 76.3% of residents renting and 23.7% of residents owning their home. A local real estate agent serving Downtown Chapel Hill can help you decide if this neighborhood is the right one for you. Learn more on our Downtown Chapel Hill neighborhood guide.
Is Downtown Chapel Hill, NC a safe neighborhood?
Downtown Chapel Hill, NC is less safe than the average neighborhood in the United States. It received a crime score of 6 out of 10.
How much do you need to make to afford a house in Downtown Chapel Hill?
The median home price in Downtown Chapel Hill is $907,475. If you put a 20% down payment of $181,500 and had a 30-year fixed mortgage with an interest rate of 6.81%, your estimated principal and interest payment would be $4,740 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $203K a year to afford the median home price in Downtown Chapel Hill. The average household income in Downtown Chapel Hill is $114K.
What are the best public schools in Downtown Chapel Hill?
The best public schools that serve Downtown Chapel Hill are:
What are the best private schools in Downtown Chapel Hill?
The best private schools that serve Downtown Chapel Hill are:
What are the most popular zip codes in Downtown Chapel Hill, Chapel Hill, NC?
The most popular zip codes in Downtown Chapel Hill, Chapel Hill, NC include 27703, 27302, 27312, 27253 and 27502.
What are the most popular neighborhoods near Downtown Chapel Hill, Chapel Hill, NC?
The most popular neighborhoods near Downtown Chapel Hill, Chapel Hill, NC are West Chapel Hill Historic District, Franklin-Rosemary, Outlying Carrboro, Greenwood and Southern Village.

Home Trends in Downtown Chapel Hill, NC

Home Trends

Median Price (12 Mo)
$895,000
Median Single Family Price
$895,000
Median 2 Bedroom Price
$928,500
Median 1 Bedroom Price
$592,249
Average Price Per Sq Ft
$696
Number of Homes for Sale
3
Last 12 months Home Sales
18
Months of Supply
2.00
Median List Price
$907,475
Median Discount From 1st List Price
1%
Median Home Sale Price YoY Change
24%
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