Chapel Hill, NC Real Estate
According to census data in the year 2000 there were 19,084 housing units in Chapel Hill.
This represents a 28.5% growth from 14,850 in 1990.
Of those housing units, 18,910 were located in either urbanized areas or urban clusters, and 174 were located in what is classified as a rural area.
Homeownership rate in Chapel Hill is about 42.2%.
Chapel Hill's vacancy rate, including seasonal lodging, is about 6%.
Average household size is 2.21 people.
The majority of houses, apartments or condos in Chapel Hill were built after 1975.
|Housing Units by Size|
|Five Bedrooms or more||6.40%|
Owned Homes, Apartments and Condos
|Average Household Size||2.51|
|Median year structure was built||1978|
|Median Value of occupied units||$229,100|
|Median Price asked for vacant units||$226,100|
Rented Homes, Apartments and Condos
|Average Household Size||1.98|
|Median year structure was built||1973|
|Median Monthly Rent asked for vacant units||$682|
Owners Finance Status
|Second Mortgage & Equity Loan||0.40%|
|Home Equity Loan||15.10%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||17.8%|