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Cedar Lake Home Values and Market Report

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Report prepared by grossmanrealestategroup.com Grossman Real Estate Group

Market at a glance

Over the last 12 months, homes sold for 100.0% of list price in 85 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $290K Sold · $290K
$530K$450K$370K$290K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 1 sale in Jun. Last month: 0.

Where the market stands

All homes in this report, by status.

4homes
Active2 · 50%
Sold (12 mo)2 · 50%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

6.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$1.22M
Sold$408K

Average days on market

Active134 days
Sold85 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 2
Average list price $1,222,500
Avg. days on market 134 days
Avg. price per ft² $252
Avg. living area 4,858 ft²
Avg. beds / baths 12.0 / 6.0

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

$1.5M$1M$500K$0

Price vs. living area: 2 homes plotted, up to $1.5M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 2 homes in this status.

348-360 Cedar Lake Rd Unit A & B$260
543-549 Cedar Lake Rd$244

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
543-549 Cedar Lake RdChapel Hill, NC 27516 1265,301$1,295,000$244102 days
348-360 Cedar Lake Rd Unit A & BChapel Hill, NC 27516 1264,416$1,150,000$260167 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .