Ranch home in Chapel Hill, NC
This Ranch home in Chapel Hill, NC offers 2 bedrooms and 2 bathrooms across 1,213 square feet. Its Ranch character defines the property's look.
| Price | $385,000 |
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| Beds | 2 |
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| Baths | 2 |
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| Sqft | 1213 |
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| Architectural style | Ranch (90% match) |
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| Address | 37 S Circle Dr, Chapel Hill, NC 27516 |
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Why buy this home
- Confirmed Ranch architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Zillow.
Is this a good buy?
Priced below comparable homes.
- At $385K, this home is 41% below the $650K median for 44 similar Ranch homes in Chapel Hill, NC.
- That works out to $317 per square foot, 3% above the $308 comparable rate.
- On the market 14 days.
| This home | $385,000 |
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| Ranch median in Chapel Hill, NC | $649,500 (44 homes) |
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| Price per sq ft | $317 vs. $308 comps median |
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It is well below comparable homes, which can mean condition issues, a smaller lot or living area, a leasehold, or a data quirk. Check the source listing before getting excited. Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $2,515/month with 20% down at a 7.28% 30-year fixed rate. You would need about $107,779 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $2,107/mo |
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| Property tax (new-buyer reassessed rate) | $263/mo |
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| Homeowners insurance | $144/mo |
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| Total monthly | $2,515/mo |
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| Down payment (20%) | $77,000 |
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| Income needed | $107,779/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C- (54 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | C- (54/100) |
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| Beats renting in | 7% of modeled paths |
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| Modeled 5-yr equity (median) | $159,042 |
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| Range (10th to 90th pct) | $86,948 to $240,592 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward US where local data is thin.
Local home values
Typical home values in United States have risen about 20% over the past 5 years (+1% in the last year), per the Zillow Home Value Index. This reflects the national market, not this specific home.
View this home on Zillow