27516 Home Values & Market Trends
There are 733 homes currently listed for 27516. 27516 real estate market trends show that home prices range from $137,000 to $5,500,000, and the median sales price in the 27516 zip code is $639,847. The total number of properties sold within the past twelve months is 789. In 27516, 4 properties are in foreclosure, 2 are bank owned properties,and 2 are headed for auction.
Housing Market Summary for 27516
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $675K | $650K | -3.70% |
| Median Sold Price | $627.9K | $639.3K | 1.82% |
| Homes For Sale | 443 | 725 | 63.66% |
| Homes Sold | 316 | 247 | -21.84% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 27516
Browse Homes in 27516
The median list price of a home in Chapel Hill, is $639,847. A total of 733 properties are for sale, and the percentage of properties for sale in the zip code is 733.00%. The total count of 27516 properties is 985.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 27516 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 27516; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 27516 ranges from the highest value of $1,143,271 in chapel hill to the lowest value of $198,980 in chapel hill. Bank owned homes and properties account for 0.20% of properties in 27516. There is 1 cities within 27516; chapel hill containing 2 REO properties, has the highest number of bank owned properties in a single city.
- Auctionschapel hill has 3 auction properties, the highest number of properties going to auction in a single city in the state of 27516. Auction homes and other auction properties account for 0.20% of all properties in 27516. There is 1 cities within 27516; of that cities, the median estimated home value for homes going to auction ranges from $1,059,007 in chapel hill to the lowest value of $256,101 in chapel hill.
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More Real Estate Resources for 27516
Guide for 27516
North Carolina Foreclosure Laws
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.