Neighborhood report · August 2026

Colony Lake

Chapel Hill, Orange County, NC

Median sale price · 12 mo
$318K−2.9%
29 days+314%
Days on market
98.3%−1.7%
Sale-to-list
40%+4%
Price cuts
Neighborhood snapshot
Homes sold · 12 mo12
Active listings5
Median sale price$325K
Latest saleAug 2026

Doorify MLS · live, trailing 12 months.

Your top match agent

Top Match #1
Top agent for Chapel Hill
22
sold in Chapel Hill
99%
sold / list
21
avg days on mkt

Name & contact shared once you connect

Recent sales in Colony Lake

Trailing 12 months
AddressTypeBd/BaSqftPrice$/sqftDOMStatus
305 Saint Thomas Drive
Chapel Hill 27517
SFH3/31,412$395k$2802ClosedSee more →

Showing 1 of 1 listing in Colony Lake · last 3 months. Click any row for full details.

Market health

Colony Lake · trended 12 months

This neighborhood specifically, not the wider ZIP or city.

Median sale price
$318K 3%

Down 3% over the past year.

Days on market
29 days 314%

Taking 314% longer to sell than a year ago.

List-to-sale ratio
98.3% 2%

Softening off asking price.

Listings w/ price cut
40% 4%

More price cuts than a year ago.

Months of inventory
8.4months
Buyer’s market
Seller’sBalancedBuyer’s

Ample inventory; buyers have room to negotiate. Absorption rate 12% / mo · This neighborhood.

Best month to list

When homes here sell fastest, for the most.

J
F
M
A
M
J
J
A
S
O
N
D

Listings peak in September — the widest selection of the year here.

What sells here (bed/bath)
  • 3 bd30%
  • 2 bd or fewer70%
New construction vs. resale
100%
New constructionResale
Sale price spread
  • < $400K100%

Market and sales data from Doorify MLS, trailing 12 months. The matched agent’s identity is released only after a signed referral agreement.