Neighborhood report · October 2026

Northwood

Chapel Hill, Orange County, NC

Median sale price · 12 mo
$630K−11.0%
33 days+500%
Days on market
98.4%−2.1%
Sale-to-list
60%+80%
Price cuts
Neighborhood snapshot
Homes sold · 12 mo5
Active listings4
Median sale price$630K
Latest saleAug 2026

Doorify MLS · live, trailing 12 months.

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Recent sales in Northwood

Trailing 12 months
AddressTypeBd/BaSqftPrice$/sqftDOMStatus
123 Tremont Circle
Chapel Hill 27516
SFH4/32,464$630k$25633ClosedSee more →
115 Lonebrook Drive
Chapel Hill 27516
SFH4/32,732$678k$2484ClosedSee more →

Showing 2 of 2 listings in Northwood · last 3 months. Click any row for full details.

Market health

Northwood · trended 12 months

This neighborhood specifically, not the wider ZIP or city.

Median sale price
$630K▼ 11%

Down 11% over the past year.

Days on market
33 days▲ 500%

Taking 500% longer to sell than a year ago.

List-to-sale ratio
98.4%▼ 2%

Softening off asking price.

Listings w/ price cut
60%▲ 80%

More price cuts than a year ago.

Months of inventory
9.5months
Buyer’s market
Seller’sBalancedBuyer’s

Ample inventory; buyers have room to negotiate. Absorption rate 11% / 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 May — the widest selection of the year here.

What sells here (bed/bath)
  • 4 bd40%
  • 3 bd40%
  • 5+ bd20%
New construction vs. resale
100%
New constructionResale
Sale price spread
  • $400–600K40%
  • $600–800K60%

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