Market Intelligence · NC / Chapel Hill

Chapel Hill, NC 27517 Housing Market

The typical home value in Chapel Hill's 27517 ZIP code is $673,134, up 0.4% over the past year. The median list price is $785,000, and homes spend a median of 57 days on the market. That points to a slow-moving market with steady values.

Updated August 2026Median value$673K

The median home value in Chapel Hill, NC 27517 is $673K as of August 2026, up 0.4% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 27517 range

$619K to $727K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+0.4% over 12 months

Typical home value in 27517 over the last 12 months: $671K in Aug 2025 to $673K in Aug 2026 (+0.4%).

Aug 2025$671K

Aug 2026$673K

The numbers

What is the 27517 housing market like?

Typical home value

$673K

Up0.4%YoY

Median list price

$785K

Down3.4%MoM

Days on market

57

Up1.8%MoM

Homes for sale

153

Up1.3%MoM

Price cuts

21.5%

Up7.1%MoM

New listings

52

Flat0.0%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 27517 home prices compare?

  • 27517$673,134
  • Chapel Hill$642,822
  • North Carolina$287,619
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Chapel Hill: 3 ZIPs; North Carolina: 718 ZIPs; United States: 26,265 ZIPs).

Context

Home values in 27517 have barely moved, rising 0.4% over the past year to a typical value of $673,134. There are 153 homes for sale, with 52 new listings added, so buyers have a decent amount to choose from. The median list price sits at $785,000, and homes take a median of 57 days to sell, which is not fast. About 21.5% of listings have taken a price cut, suggesting some sellers are adjusting to meet the market. For a seller, this means pricing accurately from the start matters more than usual, because buyers have options and time on their side.

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20% · $134,627

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