FMLS Residential · school

Chapel Hill

Closed sales series. Latest median $346,700 (+6.6% YoY). Balanced on live supply.

Closed sales through 2026-09. Live inventory is a current snapshot, not the closed month. 107 active · 3 under contract · 15 pending. Total residential listings by status: 125.

Data confidence: High. 220 closings in the last 12 months. Enough closings to read a trend.

Latest median$346,700+6.6% YoY
Months of supply5.9Balanced · 5.8 on 18/mo trailing-12
$/SF$134-4.7% YoY
DOM61+72.9% YoY
Sale/list97.4%61.1% below

Versus the FMLS footprint

Latest closed month only, not the 12-month figure above. The FMLS footprint is the macro context.

Median price-12.2%$346,700 vs $395,000 FMLS-wide
$/SF-28.4%$134 vs $187 FMLS-wide
DOM+83%61 days vs 33 FMLS-wide
Sale/list-1.4 pts97.4% vs 98.8%

Opportunity score

0–100. Higher means more room for a buyer right now. Price change uses the 3-month median, not one month. Each part is scored 0–100, then weighted. Includes live supply and demand. Screening tool, not a forecast.

71
Buyer window

3-month volume-weighted median $328,800 (+2.2% vs same 3 months last year) on 62 closings. Latest month is $346,700. Confidence: Moderate (62 closings in 3 months).

3-month $/SF is up 1.7% versus the same 3 months last year.

Months of supply60
5.9 months · 25% of the score

Active homes divided by last month’s closings. Under 4 favors sellers. Above 6 gives buyers more choices and more room.

YoY price33
+2.2% · 20% of the score

3-month volume-weighted median versus the same 3 months a year ago. One month cannot swing this. A rising median with falling $/SF is usually mix, not appreciation.

New / closed95
2.39 · 20% of the score

New listings in 30 days versus last month’s closings. Above 1.2 means inventory is building. That usually softens the next 30–90 days.

Pending / (active + under contract)90
0.14 · 15% of the score

Pending divided by active plus under contract. Not pending divided by active alone. Low means demand is not absorbing the stock.

Price reduced77
44% · 10% of the score

Share of recent closings that had already cut the list price. High means sellers are adjusting. That is where negotiation usually appears.

DOM trend89
+29.5% · 10% of the score

Direction of days on market over the last 6 months, not the current DOM. A low score here means DOM is falling, which favors sellers even if supply is high.

Balanced

5.9 months of supply on last month’s pace (107 active ÷ 18 closings). 5.8 months on the trailing-12 pace (average 18 closings a month). These are different windows.Balanced. Buyers have choices; well-priced homes still close close to list. 61.1% of last month’s closings were below list. Days on market are up 73% from a year ago.

Homes for sale near Chapel Hill, GA →

How homes actually closed

Based on 18 closings. One sale moves these percentages by 6 points. Read the direction, not the exact share.

Above list5.6%More than 1% over list
At list33.3%Within 1% of list
Below list61.1%More than 1% under list
Price reduced44.4%Original list higher than final

Leading signals

These move before closed prices. Use them to see if the next 30–60 days look tighter or looser than last month’s closings.

Pending / (active + under contract)0.1415 pending ÷ 110 (active + under contract)
New / closed2.3943 listed in 30 days vs 18 closed
Softening

New listings are outpacing sales and closed sales are already taking longer or reducing more. Expect more inventory and more negotiating room over the next 30–90 days.

If you own in Chapel Hill

High confidence. 220 closings in the last 12 months.

  • Buyers search this school zone. It is the competitive set for your home, more than the city median.
  • Recent closings center around $324,604. About $145 per square foot. Use that as a starting point, then adjust for your street and condition.
  • 5.9 months of supply on last month’s pace. Expect about 39 days if you price correctly. Longer than that usually means the price is high.
  • 61.1% of recent closings were below list. If you are thinking about selling in the next 90 days, look at what is active now, not just what closed. Homes for sale near Chapel Hill, GA →

What this means if you are listing in Chapel Hill

  • Price to the closed median and $/SF here ($346,700, $134), not the FMLS-wide number. This market is below the FMLS footprint by 12.2% on median.
  • With 5.9 months of supply, expect about 61 days on market if priced correctly. Longer than that usually means the market is telling you the price is high.
  • 61.1% of recent closings were below list and 44.4% of listings had already reduced. Concessions show up more on listings that have already sat.
  • Check live inventory for the actual competition before you set the number. Homes for sale near Chapel Hill, GA →

What this means if you are making an offer

  • Well-priced homes still close close to list; your better leverage is on homes that have sat.
  • Your better leverage is on homes that have been listed 30+ days or have already reduced. About 44.4% of recent closings had a price reduction.
  • This micro-market diverges from the FMLS footprint by 12%. Do not use the statewide median as your comp base.
  • Closed prices lag 30–90 days. Confirm current supply on the inventory page before you assume the temperature has not shifted.

Live inventory mix

Current listings by price band and property type. Where the competition actually is right now.

Price bands

BandListedShare
Under $300k2620.8%
$300–500k6249.6%
$500–750k3024.0%
$750k–1M32.4%
$1M+43.2%

Property types

TypeListedMedian ask
Single Family Residence110$421,950
Townhouse11$265,000
Condominium4$342,500

107 active, 3 under contract, 15 pending. 43 new in the last 30 days.

Median close price

Median close price · 2021-10 – 2026-09
2021-102026-09

Monthly series

Most recent months first. Medians require at least 5 closings in the month.

MonthClosedMedian$/SFDOMSale/listBelowReduced
Sep 202618$346,700$1346197.4%61.1%44.4%
Aug 202617$300,000$1452498.3%52.9%23.5%
Jul 202627$335,000$1553499.5%40.7%40.7%
Jun 202618$340,450$1602798.3%58.8%27.8%
May 202611$325,000$14030100.0%20.0%54.5%
Apr 202619$269,900$13935100.0%42.1%42.1%
Mar 202622$322,500$1413799.9%47.6%27.3%
Feb 202616$303,195$1626999.2%50.0%50.0%
Jan 202612$277,500$1424296.4%72.7%16.7%
Dec 202519$360,000$1243498.5%61.1%57.9%
Nov 202521$305,000$15228100.0%47.6%42.9%
Oct 202520$383,750$14156100.0%30.0%65.0%
Sep 202527$325,180$14035100.0%44.4%51.9%
Aug 202525$320,000$15522100.0%44.0%48.0%
Jul 202527$320,000$1371498.8%51.9%22.2%
Jun 202526$327,000$1415199.4%50.0%46.2%
May 202526$332,400$14626100.0%26.9%34.6%
Apr 202527$365,000$15420100.0%37.0%33.3%
Mar 202530$333,885$16124100.0%33.3%43.3%
Feb 202521$306,900$13721100.0%33.3%33.3%
Jan 202515$305,000$1542698.8%53.3%33.3%
Dec 202424$365,950$1373598.6%54.2%54.2%
Nov 202415$315,000$1613398.2%60.0%46.7%
Oct 202434$328,500$1684398.5%58.8%47.1%

Below = closed under 99% of list. Reduced = original list higher than final list.

Homes for sale near Chapel Hill, GA → · ← FMLS report