The average home listing price in Chapel Hill is currently at $167,214, a small 4.5 percent rise from last year. At the same time, inventory in this city marginally declined 5.9 percent in the same period. The number of homes for sale dropped from 17 in last year to 16 in this year. The vaulted ceilings featured in various residential properties in this city can help make rooms look brighter and more attractive. Avoid the mess and congestion of the city and relax in the small town atmosphere of Chapel Hill. If you have lots of clothes, shoes and other belongings to keep organized, don't worry as many properties here have walk-in closets with loads of space to store everything.