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.
Home Trends in Southern Village, NC
On average, homes in Southern Village, Chapel Hill sell after 19 days on the market compared to the national average of 52 days. The median sale price for homes in Southern Village, Chapel Hill over the last 12 months is $785,000, down 4% from the median home sale price over the previous 12 months.
Median Sale Price
$785,000
Median Single Family Sale Price
$851,000
Median Townhouse Sale Price
$590,000
Median 2 Bedroom Sale Price
$449,999
Median 1 Bedroom Sale Price
$330,000
Average Price Per Sq Ft
$348
Number of Homes for Sale
2
Last 12 months Home Sales
77
Median List Price
$785,000
Median Change From 1st List Price
-2%
Median Home Sale Price YoY Change
-4%