Is Chapel Hill, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Chapel Hill has remained a Seller's Market.
Housing Prices in Chapel Hill, OH
How much do homes in Chapel Hill, OH cost?
Median Sold Price
$124,500
$111/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Chapel Hill was $124,500 in April 2024, up 8.7% from last year, and the median price per square foot was $111.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $23.5K | - | N/A |
2 Bedrooms | $91.5K | $70K | -23.5% |
3 Bedrooms | $123.9K | $124.7K | +0.6% |
4 Bedrooms | $138.5K | $179K | +29.2% |
5+ Bedrooms | $380K | - | N/A |
Summary: Chapel Hill housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 23.5%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 29.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
North Hill | $100K | $110K | +10.0% |
Chapel Hill | $114.5K | $124.5K | +8.7% |
Elizabeth Park Valley | $107K | $110.5K | +3.3% |
Housing Supply in Chapel Hill, OH
How many homes are available in Chapel Hill, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 14 | +16.7% |
Summary: The Chapel Hill real estate market had 14 homes for sale in April 2024, a 16.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 10 | 12 | +20.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Chapel Hill housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 4 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Chapel Hill in April 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 25% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
55 Days | 31 Days | -42.7% |
Summary: Homes in Chapel Hill had an average of 31 days on market in Apr 2024, down by 42.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Chapel Hill; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.