Carrboro, NC

Carrboro is a small town located in the Triangle region of North Carolina. The town has a population of around 21,000 and is known for its vibrant arts and culture scene, as well as its strong real estate market. Carrboro is home to several notable colleges, including the University of North Carolina at Chapel Hill and Duke University. The town's real estate market is driven by a mix of young professionals and families looking for affordable housing.

The average price of homes in Carrboro was $269,500 in 2017. The town's most expensive neighborhoods are located on the eastern side of town near UNC- Chapel Hill and Duke University. In contrast, the cheapest neighborhoods are located on the western side of town near downtown Carrboro.

The majority of homes in Carrboro are single-family homes. However, there is a growing trend towards multifamily housing in the area. This trend is likely due to the high demand for affordable housing combined with limited land availability in Carrboro. There are currently no major developments planned for the area that would increase the number of multifamily units available.

Carrboro's real estate market is dominated by young professionals and families who want to live close to their jobs or schools. This makes it an ideal location for people who want to live in an urban environment but without high prices or long commute times.