$2,255 Closing Credit*
$189,900
1,248 SqFt
3 Beds
•1 Full Bath, 1 Partial
Setrena N Young, Listing Office: Keller Williams Greater Metropolitan
Is Chapel Hill, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Chapel Hill was a Seller's Market.
Key Takeaway
Chapel Hill is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Chapel Hill, OH
How much do homes in Chapel Hill, OH cost?
Median Sold Price
$132,450
$112/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$7,950(+6.4%)
Key Takeaway
Homes in Chapel Hill have sold for 6.4% more than they did a year ago.
Summary: The median home sold price in Chapel Hill was $132,450 in November 2024, up 6.4% from last year, and the median price per square foot was $112.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $39.5K | $51.9K | +31.5% |
| 3 Bedrooms | $126K | $129.9K | +3.1% |
| 4 Bedrooms | $158K | $165K | +4.4% |
| 5+ Bedrooms | - | $235K | N/A |
Summary: Chapel Hill housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 31.5%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| North Hill | $105K | $117.3K | +11.7% |
| Chapel Hill | $124.5K | $132.4K | +6.4% |
Housing Supply in Chapel Hill, OH
How many homes are available in Chapel Hill, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 17 | +41.7% |
Summary: The Chapel Hill real estate market had 17 homes for sale in November 2024, a 41.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 3 | 9 | +200.0% |
| 4 Bedrooms | 4 | 2 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Chapel Hill housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 200%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chapel Hill, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Chapel Hill in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Chapel Hill, OH
How long does it take to sell a home in Chapel Hill, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 14 Days | 20 Days | +42.1% |
Summary: Homes in Chapel Hill had an average of 20 days on market in Nov 2024, up by 42.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Chapel Hill are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Chapel Hill; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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