Governors Village, NC · Market Data

Governors Village, North Carolina real estate market data.

Real estate market data for Governors Village, NC (Chatham County) — Census median home value $565,500, county listing prices down about 0.5% over the past year.

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Governors Village, NC is in Chatham County, North Carolina — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 2,148, with a median household income of $124,857. Census data puts Governors Village's median home value at $565,500 (all owner-occupied homes); Chatham County's current median listing price runs $849,500, down about 0.5% over the past year.

At a glance

Governors Village market snapshot

Population

2,148

Median Household Income

$124,857

Median Home Value (city)

$565,500

Median Listing Price (Chatham County)

$849,500

Median Gross Rent

$1,779/mo

Price Trend (YoY)

-0.5%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗

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Why Governors Village

What makes Governors Village different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Governors Village's median home value — across all owner-occupied homes, not just recent sales — at $565,500. Separately, Chatham County's current median listing price (via Realtor.com data, 2026-06-01) runs $849,500. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.

County Price Trend

Chatham County's FHFA house price index shows a 5.99% annual change in 2025.

Population & Income

Governors Village has an estimated population of 2,148 and a median household income of $124,857, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Governors Village's Census-reported median home value works out to about 4.5x the area's median household income, and median gross rent runs roughly 17% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

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Common questions

Governors Village FAQ

What are home values like in Governors Village, NC?

The Census Bureau's American Community Survey puts Governors Village's median home value at $565,500. Chatham County's current median listing price runs $849,500, down about 0.5% over the past year.

What is the population of Governors Village, NC?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Governors Village's population at approximately 2,148.

What's the median rent in Governors Village, NC?

The Census ACS estimates median gross rent in Governors Village at approximately $1,779 per month.

What is the median household income in Governors Village, NC?

Census ACS data puts the median household income in Governors Village at approximately $124,857.

Is the Governors Village housing market growing?

Chatham County's FHFA house price index shows a 5.99% annual change in 2025.

Is Governors Village, NC affordable relative to income?

Census ACS data puts Governors Village's median home value at about 4.5 times the median household income, with median gross rent equal to roughly 17% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

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