Section Image

Franklin-Rosemary

Franklin-Rosemary

$1,451,534 Average Value
$510 Average Price per Sq Ft
3 Homes For Sale

Historic homes and off-campus living at UNC-Chapel Hill

Franklin-Rosemary, also known by its formal moniker Franklin-Rosemary Historic District, borders the UNC-Chapel Hill campus. The university is renowned for its competitive academics and NCAA-winning basketball, soccer and field hockey teams, and residents can bike to campus and the Morehead Planetarium, or walk to the neighborhood churches and the lively restaurants along Franklin Street. “Franklin Street is where the students go out and party when they win national championships,” says Jeanette Hussey, Realtor at West and Woodall Real Estate with more than four decades of experience. Franklin-Rosemary, named for the neighborhood’s two main parallel streets, encompasses a mixture of home styles and occupants. “The commercial part is geared to the students. The other part is historical homes where professors and executives live. We’re talking old houses that are well preserved. There are fraternity and sorority houses mixed in with residential houses as well,” Hussey adds.

Walking through time: homes date between the 1800s and present day

Though home styles vary, the pathways, stone walls, leafy trees and absence of high-rises help this historic district retain visual cohesion. It’s common to see students walking along the sidewalks under the neighborhood’s power lines and tall oak trees. Architectural styles range widely from Greek Revival and Federal homes dating back to the 1800s, to 1920s American Craftsmans, to contemporary constructions built as recently as 2023. However, most of the homes were built between the late 19th century and late 20th century. Properties may include detached garages or guest houses. Age and square footage affect prices, which fall between $750,000 and $1.7 million.

Going out on Franklin Street

Franklin Street is lined with restaurants and retailers, as well as some businesses that combine the two, such as Epilogue Books Chocolate Brews. This bookstore and café also hosts comedy shows and literary events. TRU, open until midnight on weekends, serves customized sandwiches and salads. Locals can walk to bars like Goodfellows and brunch spots like Carolina Coffee Shop, the town’s oldest restaurant. Varsity Theater, built in 1927, is a small independent venue on Franklin Street where movie-goers can see a film for less than ten dollars. A few streets away, shoppers can get groceries at Harris Teeter or Weaver Street Market, a co-op selling sustainable and local products.

Outings at the arboretum, planetarium and Horace Williams House

One of Franklin-Rosemary’s historic homes is the Horace Williams House. It has been preserved as it was when it was built in 1854 for a UNC professor and his family, and today hosts community events and local art exhibitions. On the other side of Franklin Street, locals can explore the Morehead Planetarium and Science Center. The planetarium supplements its star shows with exibits, lectures and the popular Science LIVE! series of scientific demonstrations for younger audiences. It borders Coker Arboretum, where residents can stroll amongst plants both native and exotic covering five acres. The paths throughout the arboretum are wheelchair accessible, and leashed pets are welcome to join their two-legged companions. For a deeper immersion into nature, Battle Branch Trail leads to hiking paths within the trees of Battle Park.

Chapel Hill’s highly lauded public schools and university

Students in the neighborhood are served by the Chapel Hill-Carrboro City Schools, which earns an overall rating of A-plus from Niche. Kids may attend Northside Elementary School, rated B-plus on Niche. Phillips Middle, rated A, ranks within the top ten best public middle schools in the state, according to Niche. Chapel Hill-Carrboro City Schools district recognized the principal of Phillips Middle School, Tiffany Cheshire, with the Principal of the Year award in 2024. High schoolers may attend East Chapel Hill High, rated A-plus. Students who wish to stay in town for higher education may apply to UNC-Chapel Hill, a nationally recognized public research university. Other highly regarded universities in the area include Duke University in Durham and North Carolina State University in Raleigh.

Getting around Chapel Hill

Residents have nearby access to Route 86, known locally as M.L.K. Jr. Boulevard, which bisects Chapel Hill. Buses stop along Franklin Street, transporting passengers to UNC Medical Center and other nearby destinations via Chapel Hill Transit. Franklin-Rosemary is 20 miles from Raleigh-Durham International Airport.
Laura Copan
Written By
Laura Copan

Agents Specializing in this Area

See All Agents

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Johnny Chappell, an experienced agent in this neighborhood.

Transit

Airport

Raleigh-Durham International

28 min drive

Bus

East Franklin Street & South Boundary Street Eastbound

Bus

Hillsborough Street & North Street

Bus

East Franklin Street & Planetarium Westbound

Bus

East Franklin Street & Raleigh Street

Bus

Hillsborough Street & East Rosemary Street

Bus

East Franklin Street & Henderson Street

Bus

East Franklin Street & Park Place

Crime and Safety

1 - Low Crime, 10 - High Crime Franklin-Rosemary US
Homicide 2 4
Sexual Assault 3 4
Assault with Weapon 2 4
Robbery 3 4
Burglary 6 4
Motor Vehicle Theft 4 4
Larceny 6 4
Crime Score 4 4

Source: WhatIsMyCrimeRisk.com

Franklin-Rosemary Demographics and Home Trends

Housing Trends

Median List Price
$1,400,000
Median Sale Price
$1,175,000
Median Single Family Sale Price
$1,525,000
Median Change From 1st List Price
14%
Last 12 months Home Sales
20
Median Home Sale Price YoY Change
13%
Average Price Per Sq Ft
$510

Neighborhood Facts

Number of Homes in Neighborhood
168
Number of Homes for Sale
3
Median Year Built
1937
Months of Supply
1.80
Average Single Family Home Size Sq Ft
2,584
Significantly above the national average
1,927
Average 2 Bedroom Size Sq Ft
1,040
Median Lot Size Sq Ft
15,246

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Johnny Chappell, an experienced agent in this neighborhood.

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
560
Median Age
28
Population under 18
18.2%
Below the national average
23.8%
Population over 65
13.4%
Below the national average
19.1%

Finances

Median Household Income
$45,555
Significantly below the national average
$71,702
Average Household Income
$113,602

Education and Workforce

High School Graduates
99.1%
College Graduates
73.7%
Significantly above the national average
34.1%
Advanced Degrees
46.9%
Significantly above the national average
13.3%
% Population in Labor Force
57%

Weather

Annual Precipitation
44''
Average Winter Low Temperature
32°F
Average Summer High Temperature
90°F
Annual Snowfall
0''

Area Factors

Bikeable

Bike Score®

65 / 100

Car-Dependent

Walk Score®

39 / 100

Good Transit

Transit Score®

55 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Nearby Neighborhoods

Reviews

Are you familiar with the Franklin-Rosemary neighborhood? to let others know what life in this neighborhood is like.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Franklin-Rosemary