Why Live in Franklin-Rosemary
Franklin-Rosemary, also known by its formal moniker Franklin-Rosemary Historic District, borders the UNC-Chapel Hill campus. The university is renowned for its competitive academics and NCAA-winning basketball, soccer and field hockey teams, and residents can bike to campus and the Morehead Planetarium, or walk to the neighborhood churches and the lively restaurants along Franklin Street. “Franklin Street is where the students go out and party when they win national championships,” says Jeanette Hussey, Realtor at West and Woodall Real Estate with more than four decades of experience. Franklin-Rosemary, named for the neighborhood’s two main parallel streets, encompasses a mixture of home styles and occupants. “The commercial part is geared to the students. The other part is historical homes where professors and executives live. We’re talking old houses that are well preserved. There are fraternity and sorority houses mixed in with residential houses as well,” Hussey adds. Though home styles vary, the pathways, stone walls, leafy trees and absence of high-rises help this historic district retain visual cohesion. It’s common to see students walking along the sidewalks under the
Home Trends in Franklin-Rosemary, NC
On average, homes in Franklin-Rosemary, Chapel Hill sell after 203 days on the market compared to the national average of 70 days. The median sale price for homes in Franklin-Rosemary, Chapel Hill over the last 12 months is $455,000, up 63% from the median home sale price over the previous 12 months.
Median Sale Price
$455,000
Median Single Family Sale Price
$455,000
Average Price Per Sq Ft
$224
Number of Homes for Sale
0
Last 12 months Home Sales
11
Median List Price
$452,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
63%