ZIP report · October 2026

27516

Chapel Hill, NC · Orange County

Median sale price · 12 mo
$620K−1.9%
22 days+38%
Days on market
98.9%−1.1%
Sale-to-list
33%+12%
Price cuts
ZIP snapshot
Homes sold · 12 mo548
Active listings352
Median sale price$620K

Doorify MLS · live, trailing 12 months.

Your top match agent

Top Match #1
Top agent for 27516
25
sold in 27516
100%
sold / list
29
avg days on mkt

Name & contact shared once you connect

Recent sales in 27516

Trailing 12 months
AddressTypeBd/BaSqftPrice$/sqftDOMStatus
1378 Great Ridge Parkway
Chapel Hill 27516
SFH4/43,329$800k$24043ClosedSee more →
18 Landover Circle
Chapel Hill 27516
SFH5/43,079$800k$26017ClosedSee more →
393 Wesley Court
Chapel Hill 27516
SFH3/32,219$600k$270108ClosedSee more →
512 Marion Way
Chapel Hill 27516
SFH2/22,215$635k$28725ClosedSee more →
142 Mike Lashley Lane
Chapel Hill 27516
SFH4/43,258$475k$14696ClosedSee more →

Showing 5 of 26 listings in 27516 · last 3 months. Click any row for full details.

Market health

27516 · trended 12 months

This ZIP specifically, not the wider city or county.

Median sale price
$620K▼ 2%

Down 2% over the past year.

Days on market
22 days▲ 38%

Taking 38% longer to sell than a year ago.

List-to-sale ratio
98.9%▼ 1%

Softening off asking price.

Listings w/ price cut
33%▲ 12%

More price cuts than a year ago.

Months of inventory
7.7months
Buyer’s market
Seller’sBalancedBuyer’s

Ample inventory; buyers have room to negotiate. Absorption rate 13% / mo · ZIP-wide.

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 bd32%
  • 3 bd42%
  • 5+ bd13%
  • 2 bd or fewer13%
New construction vs. resale
13%
87%
New constructionResale
Sale price spread
  • < $400K11%
  • $400–600K35%
  • $600–800K26%
  • $800K–1M14%
  • $1M +14%

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