What is the median home value in Governors Village, NC?

The median value of owner-occupied homes in Governors Village, NC is $602,100 (±$33,244), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

Figures last updated on .

Median home value
$602,100 (±$33,244)
Owner-occupied homes
505 (±184)
Most common range
$500,000 to $999,999

Home values in Governors Village

Owner-occupied homes by value, 2020–2024
ValueGovernors VillageChatham CountyNorth CarolinaUnited States
Less than $50,0000.0% (±8.1 points)5.5%5.9%5.3%
$50,000 to $99,9990.0% (±8.1 points)5.4%6.8%6.1%
$100,000 to $149,9990.0% (±8.1 points)4.4%8.3%6.8%
$150,000 to $199,9991.8% (±2.7 points)6.2%10.6%9.0%
$200,000 to $299,9998.1% (±10.9 points)10.6%20.5%17.8%
$300,000 to $499,99912.7% (±9.4 points)25.1%28.3%26.9%
$500,000 to $999,99977.4% (±13.6 points)35.9%16.3%20.9%
$1,000,000 or more0.0% (±8.1 points)6.8%3.3%7.1%

The most common range is $500,000 to $999,999, 77.4% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Governors Village against Chatham County, its state and the nation

Estimate (90% margin of error)
Governors VillageChatham CountyNorth CarolinaUnited States
Median home value$602,100 (±$33,244)$446,200 (±$14,553)$288,900 (±$1,086)$332,700
Owner-occupied homes505 (±184)26,591 (±795)2,853,493 (±14,473)84,210,142

In Governors Village, the median home value is higher than in Chatham County ($446,200).

It is also higher than in North Carolina ($288,900).

It is higher than the national figure ($332,700).

In Chatham County, Governors Village ranks 2 of 7 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 24 of 647.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Median home value in places near Governors Village

Nearest places with a published estimate, compared with Governors Village
PlaceDistanceMedian home valueCompared with this place
Governors Village—$602,100 (±$33,244)—
Governors Club1.4 mi$889,500 (±$76,608)Higher
Fearrington Village4.8 mi$472,600 (±$34,682)Lower
Chapel Hill5.3 mi$613,700 (±$21,263)Not measurably different
Briar Chapel5.5 mi$570,300 (±$33,658)Not measurably different
Carrboro6.1 mi$539,400 (±$38,058)Lower
Morrisville11 mi$518,800 (±$52,073)Lower
Durham11 mi$392,800 (±$6,855)Lower
Pittsboro11 mi$376,300 (±$32,235)Lower

Nearby places with a measurably lower figure: Fearrington Village, NC ($472,600), Carrboro, NC ($539,400), Morrisville, NC ($518,800).

Nearby places with a measurably higher figure: Governors Club, NC ($889,500).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Chatham County, place by place

RankPlaceMedian home value
1Governors Club$889,500 (±$76,608)
2Governors Village$602,100 (±$33,244)
3Briar Chapel$570,300 (±$33,658)
4Fearrington Village$472,600 (±$34,682)
5Pittsboro$376,300 (±$32,235)
6Goldston$190,700 (±$14,820)
7Siler City$154,600 (±$13,362)

Governors Village is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Governors Village

What is the average home value in Governors Village, NC?

The Census Bureau publishes the median: $602,100 (±$33,244) for owner-occupied homes in Governors Village (2020–2024 American Community Survey).

Is this what homes in Governors Village sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Governors Village CDP, North Carolina (place:27182, in state:37).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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