Neighborhood report · October 2026

Colony Lake

Chapel Hill, Orange County, NC

Median sale price · 12 mo
$335K+3.1%
30 days+490%
Days on market
98.4%−1.6%
Sale-to-list
50%+25%
Price cuts
Neighborhood snapshot
Homes sold · 12 mo10
Active listings7
Median sale price$335K
Latest saleSep 2026

Doorify MLS · live, trailing 12 months.

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Top Match #1
Top agent for Chapel Hill
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sold in Chapel Hill
100%
sold / list
19
avg days on mkt

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Recent sales in Colony Lake

Trailing 12 months
AddressTypeBd/BaSqftPrice$/sqftDOMStatus
105 Colby Place
Chapel Hill 27517
SFH4/31,992$550k$27634ClosedSee 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
$335K▲ 3%

Up 3% over the past year.

Days on market
30 days▲ 490%

Taking 490% longer to sell than a year ago.

List-to-sale ratio
98.4%▼ 2%

Softening off asking price.

Listings w/ price cut
50%▲ 25%

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)
  • 4 bd10%
  • 3 bd20%
  • 2 bd or fewer70%
New construction vs. resale
100%
New constructionResale
Sale price spread
  • < $400K90%
  • $400–600K10%

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