Why Live in Bingham
Bingham, a neighborhood in Chapel Hill, is characterized by its dense woodlands and rolling farmland, providing a serene and insulated living environment. Home styles range from modest manufactured and ranch-style homes to larger Colonial Revivals, European-style homes, and working farmhouses on expansive acreages. New construction townhomes are also available, with many buildable lots offering potential for custom homes. Outdoor enthusiasts will find the Cane Creek Reservoir appealing for seasonal fishing and boating, while the Haw River offers popular whitewater paddling opportunities. Wildlife such as bald eagles and otters can often be spotted near the river. For shopping and dining, residents typically travel to nearby Mebane, which features Tanger Outlets, national chain restaurants, and local retailers like the Curious Peddler and Bright Penny Brewing. Bingham is conveniently located within 20 miles of Mebane, Hillsborough, Chapel Hill, and Durham, with easy access to Interstate 40 and North Carolina Highway 54. This makes commuting to major employers like UNC, Duke University, and Duke Hospital straightforward. The neighborhood is served by the Orange County school district, with Cedar Ridge High School being highly rated. Additionally, three universities—UNC Chapel Hill, Duke University, and North Carolina Central University—are within close proximity, offering a range of undergraduate and graduate programs.
Home Trends in Bingham, NC
On average, homes in Bingham, Chapel Hill sell after 90 days on the market compared to the national average of 70 days. The median sale price for homes in Bingham, Chapel Hill over the last 12 months is $330,000, up 10% from the median home sale price over the previous 12 months.
Median Sale Price
$330,000
Median Single Family Sale Price
$376,990
Median Townhouse Sale Price
$589,000
Median 1 Bedroom Sale Price
$675,000
Average Price Per Sq Ft
$335
Number of Homes for Sale
6
Last 12 months Home Sales
95
Median List Price
$371,990
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
10%