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Featured local agent — Chapel Hill, TN
Sarah Mitchell
Compass Real Estate · Chapel Hill, TN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Chapel Hill, TN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$362,500median sale price
How is the Chapel Hill, TN housing market right now?
The median home sale price in Chapel Hill, TN is $362,500, up 11.5% year-over-year. Homes sell in an average of 85 days with 27 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Chapel Hill a buyer's or seller's market?
Chapel Hill, TN is currently a leaning buyer's, based on 4.5 months of supply and homes selling in about 85 days. How we determine this →
Homes sold
6
Last 12 weeks
Days on market
85
Average pace
Active listings
27
4.5 months supply
Sale-to-list
97.9%
Below asking
What does the Chapel Hill housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $362,500 |
| Median list price | $311,495 |
| Year-over-year price change | +11.5% |
| Average days on market | 85 days |
| Active inventory | 27 listings |
| Months of supply | 4.5 months |
| Sale-to-list price ratio | 97.9% |
| Median price per sq ft | $199/sq ft |
| Homes sold (latest month) | 6 |
| New listings (latest month) | 8 |
| Listings with a price cut | 33.3% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Chapel Hill by property type?
How the Chapel Hill, TN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $373,750 | $199/sq ft | 4 | 80 days |
| Townhouse | $246,500 | $200/sq ft | 2 | 87 days |
Source: Redfin · Updated monthly
The Chapel Hill housing market is currently classified as a leaning buyer's with a median sale price of $362,500. Prices have risen 11.5% compared to last year, with homes spending an average of 85 days on market, indicating 4.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.1x provides context for how home values compare to local earning capacity.
Homes for sale in Chapel Hill
There are currently 27 homes listed for sale in Chapel Hill, Tennessee. The median listing price is $311K.
Active listings
27
Homes on market
Median list price
$311K
Avg. days on market
85
Days until sale
New this week
8
Newly listed
Who lives in Chapel Hill?
Population
1,531
Median income
$77,826/yr
Median age
44.2 years
Owner-occupied
84.2%
College grads
14.8%
Avg commute
35.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Chapel Hill?
Zillow home value
$395,235
Price-to-income
5.1x
Source: Zillow Research
What is it like to live in Chapel Hill?
Chapel Hill is a community of approximately 2K residents with a median age of 44.2 years.The median household income is $77,826, which reflects a relatively affluent area with strong earning potential. 14.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 84.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 35.3 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Chapel Hill offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Chapel Hill?
3 schools tracked · 1,831 students
The largest public schools serving Chapel Hill, TN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Forrest School
Grades 7-12 · 826 students
Chapel Hill Elementary
Grades PK-3 · 559 students
Delk-Henson Intermediate School
Grades 4-6 · 446 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Chapel Hill, TN?
Want a head-to-head view? Compare Chapel Hill side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Chapel Hill?
The median home sale price in Chapel Hill is $362,500, up 11.5% from last year.
How long do homes stay on market in Chapel Hill?
Homes typically spend 85 days on market before going under contract.
What is the median income in Chapel Hill?
The median household income is $77,826 per year.
Is Chapel Hill a buyer's or seller's market?
With 4.5 months of supply, Chapel Hill is currently a leaning buyer's.
What is the Zillow home value estimate for Chapel Hill?
The Zillow Home Value Index (ZHVI) for Chapel Hill is $395,235, representing the typical home value in the area.
How much does a single-family home cost in Chapel Hill?
The median single-family home price in Chapel Hill, TN is $373,750 (about $199 per square foot).
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