Chapel Hill, TN

Buyer's market-7.6% YoY

Housing market overview · Updated weekly

$365,000median sale price

Homes sold

3

Last 12 weeks

Days on market

195

Average pace

Active listings

38

12.7 months supply

Sale-to-list

100.3%

Above asking

The Chapel Hill housing market is currently classified as a buyer's market with a median sale price of $365,000. Prices have fallen 7.6% compared to last year, with homes spending an average of 195 days on market, indicating 12.7 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Chapel Hill

There are currently 38 homes listed for sale in Chapel Hill, Tennessee. The median listing price is $360K.

Active listings

38

Homes on market

Median list price

$360K

Avg. days on market

195

Days until sale

New this week

11

Newly listed

Price drops:21.1%of listings
Sale-to-list:100.3%

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Frequently asked questions

What is the average home price in Chapel Hill?

The median home sale price in Chapel Hill is $365,000, down 7.6% from last year.

How long do homes stay on market in Chapel Hill?

Homes typically spend 195 days on market before going under contract.

Is Chapel Hill a buyer's or seller's market?

With 12.7 months of supply, Chapel Hill is currently a buyer's market.

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