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Southern Village Home for Sale

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    $899,000

    • 4 Beds
    • 3.5 Baths
    • 3,100 Sq Ft

    403 Brookgreen Dr, Chapel Hill, NC 27516

    Welcome to 403 Brookgreen Drive, a charming two-story Charleston-style detached home nestled in the heart of the vibrant Southern Village in Chapel Hill. This inviting residence is in excellent condition, ready to welcome you home.Step inside to discover an array of features that blend comfort with style. The main level showcases beautiful hardwood floors that add warmth to the space. The

    Shahla Rezvani Coldwell Banker - HPW

    403 Brookgreen Dr, Chapel Hill, NC 27516

Why Live in Southern Village

Southern Village in Chapel Hill is a planned unit development featuring a mix of traditional and transitional style homes, including neotraditional designs with Greek Revival elements. The neighborhood offers a variety of housing options, from single-family detached homes to townhouses and condos, all nestled close together amidst leafy, forested land. Wide sidewalks lead to the village green, fostering a walkable community atmosphere. Southern Community Park, adjacent to the neighborhood, spans 72 acres and includes courts for basketball, pickleball, and inline hockey, as well as a playground and dog park. The Fan Branch Trail connects the park to the neighborhood, enhancing outdoor fitness opportunities. Southern Village Club provides additional amenities like a swim and tennis club, fitness classes, and a kids’ summer camp. The village center hosts small businesses, including Weaver Street Market, Al’s Burger Shack, and Rasa Malaysia, alongside The Lumina Theater, which features Art Deco design and colorful murals. The neighborhood is known for its vibrant events calendar, with outdoor movies and live music during the warmer months, and seasonal festivals like the Fall Arts on Market craft show. Located off U.S. Route 501, Southern Village is about 3 miles from downtown Chapel Hill, with easy access to Interstate 40 for trips to Durham and Raleigh. The area has a lower crime rate compared to the national average. Highly rated schools, including Mary Scroggs Elementary, Culbreth Middle, and Carrboro High, serve the neighborhood, which is also popular among University of North Carolina Chapel Hill faculty and staff.

Frequently Asked Questions

Is Southern Village a good place to live?
Southern Village is a good place to live. Southern Village is considered somewhat walkable and bikeable with some transit options. Southern Village has 9 parks for recreational activities. It has a median age of 39. The average household income is $162,356 which is above the national average. College graduates make up 87.9% of residents. A majority of residents in Southern Village are home owners, with 40.4% of residents renting and 59.6% of residents owning their home. A local real estate agent serving Southern Village can help you decide if this neighborhood is the right one for you. Learn more on our Southern Village neighborhood guide.
Is Southern Village, NC a safe neighborhood?
Southern Village, NC is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Southern Village?
The median home price in Southern Village is $524,900. If you put a 20% down payment of $105,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,720 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $117K a year to afford the median home price in Southern Village. The average household income in Southern Village is $162K.
What are the best public schools in Southern Village?
The best public schools that serve Southern Village are:
What are the best private schools in Southern Village?
The best private schools that serve Southern Village are:
What are the most popular zip codes in Southern Village, Chapel Hill, NC?
The most popular zip codes in Southern Village, Chapel Hill, NC include 27516, 27312, 27517, 27510 and 27514.
What are the most popular neighborhoods near Southern Village, Chapel Hill, NC?
The most popular neighborhoods near Southern Village, Chapel Hill, NC are Outlying Carrboro, Governors Club, Downtown Chapel Hill, Northside and Baldwin.
Are home prices dropping in Southern Village?
Yes, home prices in Southern Village are down 35% in the last 12 months.

Home Trends in Southern Village, NC

Housing Trends

Median Sale Price
$485,000
Median Single Family Sale Price
$485,000
Median Townhouse Sale Price
$485,000
Average Price Per Sq Ft
$245
Number of Homes for Sale
3
Last 12 months Home Sales
55
Months of Supply
0.70
Median List Price
$524,900
Median Change From 1st List Price
7%
Median Home Sale Price YoY Change
2%
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