Why is the town named Pittsboro?
A few years ago I was showing an out of town client around, I think she was from New Jersey, and she said “The town is so cute but why does it have to be named PITTSboro? I can’t see telling my friends I’m moving to PITTSboro!” I had never thought why the town was named Pittsboro.
This is how Pittsboro got it’s name:
“It was incorporated in 1787 as the county seat of the recently-formed Chatham County, and was originally named “Pittsborough,” after William Pitt the Younger, the Earl of Chatham. Many of the original founding families came from sections of eastern North Carolina in the early nineteenth century and built large homes in town.”
Pittsboro’s Place in the Triangle Today: Real Estate
Pittsboro, North Carolina, the county seat of Chatham County, presents a varied real estate market as of late 2023 and into early 2024. One of the reasons for the variability is is Pittsboro, the town, vs areas with a Pittsboro address in Chatham County.
City Sewer or Septic System?
City sewer is only available in the Town of Pittsboro so homes outside of town limits require septic systems. Septic systems require large lots from around 3/4 acre and up. Land is expensive so new homes on acre plus lots in Pittsboro, Chatham County, have a median price, in January 2024, of $1,370,000, with an average of 3700 sq ft and $350 sq ft. Some large neighborhoods like Governors Club and Briar Chapel have their own sewer plants so the lots can be small and homes can be lower priced.
Sometimes even real estate agents don’t realize that if an address is Pittsboro it may not actually be IN Pittsboro. Addresses are assigned by the post office and don’t mean anything except the house is in Chatham County. My information comes from the Triangle MLS and I noticed properties were listed in town limits when they were 20 minutes outside of town and actually closer to Chapel Hill.
Pittsboro in Town Property Values
- Median Home Prices and Trends: In 2023 The low sold price was $205,000 and the high price was $1,433,875. The median sales price was $525,000.
- Average New Home Values: In 2023 The low sold price was $400,000 and the high price was $1,433,875. The median price was $540,000 and $243 sq ft.
- Sale-to-List Price Ratio: Homes in Pittsboro sold for approximately the asking price in 2023 with a sale-to-list price ratio of 100%.
- Market Activity:With so many new homes it is hard to understand the days on the market. New homes are often listed before the house is started. and the MLS shows new homes as 0 days on the market.
- Inventory and Listings Update: The current abundance of inventory in Pittsboro is largely influenced by the developments in Chatham Park. Last year, Chatham Park alone saw the sale of 87 homes. As of January 2, 2024, there are 36 active single-family listings in the area. This increase in inventory is partly due to builders preparing for Pittsboro’s Spring market, a popular time for moving, especially among families looking to relocate during the summer school break. In the Triangle area, the typical duration from contract to closing ranges between 30 to 45 days.
This massive planned mixed use development will change Pittsboro and the Triangle bringing an additional 60,000 residents over the projected timeline for development.
For an in-depth exploration of Chatham Park, including exclusive photos and personal experiences, check out our full feature Chatham Park page.
Local Arty Things to Do around Pittsboro:
- Clyde Jones’ Critter Crossing: Clyde Jones, a legend on the folk art scene, is known for his hand-carved and painted critters made from scrap wood. Some of his famous works are on display near the Haw River in the Bynum community. Bynum is interesting to drive through and then take a walk over the old Haw River Bridge.
- Fearrington Village: This community features restaurants, shops, and gardens, along with folk art although I noticed the other day Vollis Simpson’s whirligigs were missing. Hopefully by the time you read this they will be repaired and reinstalled.
- French Connection: An eclectic goods shop offering folk art for yards, sustainable textiles, and more, housed in a building from the 1900s. I often bring out of town folks here because it is such fun to browse the interesting collections. Screaming for Vintage: You never know what you will find! My husband and I enjoy looking at vintage accessories and furniture and my son found a couple of t-shirts, one from his favorite local bar in Nashville.
- The Rosemary House B&B: A colonial home built in 1912, serving as a gathering place for folk artists and enthusiasts, featuring The Kindred Gallery.
- Small B&B Cafe and Folk Art Museum: Offers a bed and breakfast and cafe experience, owned by folk art advocates Dave Clark and Lisa Piper. The Folk are museum just moved to Siler City in Chatham County but the Cafe is still there.
- Pittsboro Gallery of Arts:This gallery provides Chatham County and the surrounding area with high-quality local fine art and fine craft created by regional artists and craftspeople. One of my favorite local artists, Rita Baldwin, is featured in the gallery.
- Annual Studio Tour by Chatham Artists Guild:
Held on the first two weekends of December, this tour is a highlight for many local artists. I go almost every year to find unique Christmas presents. It offers an opportunity to visit artist studios scattered across Chatham County’s rolling hills and pastoral farmlands. Visitors can meet the artists, learn about their processes, and browse affordable original artworks. I usually buy pottery from Doug Dotson studio and also from Mark Hewett.
- The Phoenix bakery: The cakes are a work of art. I like the seating area with eclectic furniture. Good coffee, sandwiches and of course, the delicious baked goods.
Marianne Howell Wright