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James Mangum HouseJames Mangum House · Photo: Rangergreg281 · CC BY-SA 3.0
Housing in Governors Village

24 homes sold in Governors Village in the last year, at a typical $533K

Houses and condos split the market almost evenly. Below: what each kind of home sells for, what your budget buys, and a shortcut to every site where Governors Village homes are listed.

Homes for sale in Governors VillageZillowRedfinRealtor.comMore places to look ↓
Homes sold
24
October 2025 to September 2026
Typical sale price
$533K
median, weighted by sales
Price per square foot
$250
North Carolina $204
Paid vs. asking
99.5%
23% sold over asking
For sale now
7
September 2026 · 2 sold that month
What sold · last 12 months

Houses are 50% of Governors Village’s sales, at a typical $756K (year to May 2026)

24 homes sold in the year to September 2026.

Houses$756K

typical sale · 10 sold in the year to May 2026

Per square foot
$255NC $207
Days to sell
49
Sold over asking
10%
Listings with a price cut
36%
Fewer sales

Townhouses: 10 sold, typical $438K

Too few sales in 12 months for reliable figures.

11 years of sales

Fewer homes sell than a decade ago, at 1.8 times the 2016 price

24 sales in the last year, against 44 in 2017 and a low of 14 in 2023. The typical sale went from $296K in 2016 to $533K.

Homes soldTypical sale price
012253750$325K$450K$575K$700K2012: 25 sold, typical $318K’122014: 33 sold, typical $333K2016: 39 sold, typical $296K’162017: 44 sold, typical $321K2018: 35 sold, typical $370K’182019: 31 sold, typical $365K2020: 40 sold, typical $363K’202021: 26 sold, typical $504K2022: 23 sold, typical $574K’222023: 14 sold, typical $507K2025: 26 sold, typical $646K’25Last 12 months: 24 sold, typical $533KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $550K buys in Governors Village

Houseat $255 a sq ft, year to May 2026
The same money in North Carolinaat $207 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Governors Village homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

Rent or buy?

Owning the typical Governors Village home costs about $3,029 a month

Mortgage
Property tax
Insurance
Rent

Price: Governors Village’s typical sale, last 12 months. Property tax at Governors Village’s 0.6% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Governors Village is affordable on local pay is on Cost of living.

Before you buy in Governors Village

Five things worth knowing

0.6%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $533K home, about $2,980 a year.

Taxes vs. neighbors
B+

Schools

The schools grade for Governors Village, from test results, graduation and how much students grow.

Schools in Governors Village
17 min

Typical commute

The average one-way trip to work for people who live in Governors Village.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

No busy market nearby sells for less a square foot

The busier markets within 25 miles of Governors Village, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Chapel Hill578$614K$28623%41
Carrboro213$588K$28827%36
Morrisville170$524K$24310%47
Briar Chapel132$615K$26214%54
Fearrington Village60$607K$25229%39
Governors Club44$1.1M$28914%95
Governors Village24$533K$25023%53

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Governors Village, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Governors Village. People who follow the town see it, and so do people comparing Governors Village with their own town. No commission, no listing fee.

Questions about buying a home in Governors Village

What do homes sell for in Governors Village, NC?

24 homes sold in the year to September 2026 at a typical $533K, $250 a square foot.

Is Governors Village a buyer’s or seller’s market?

A seller’s market: 7 homes were for sale in September 2026 and 2 sold, about 3.5 months of supply. Buyers paid 99.5% of asking on average.

How much are property taxes in Governors Village?

About 0.6% of a home’s value a year. On a $533K home that’s near $2,980.

Where can I see homes for sale in Governors Village?

Zillow, Redfin, Realtor.com and Homes.com all carry Governors Village’s MLS listings; the search links above open each one filtered to Governors Village.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).