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Housing in Chapel Hill

87 homes sold in Chapel Hill in the last year, at a typical $295K

Houses and condos split the market almost evenly. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Chapel Hill homes are listed.

Homes sold
87
October 2025 to September 2026
Typical sale price
$295K
median, weighted by sales
Price per square foot
$212
Tennessee $208
Paid vs. asking
96.3%
9% sold over asking
For sale now
45
September 2026 · 7 sold that month
What sold · last 12 months

Houses are 56% of Chapel Hill’s sales, at a typical $370K (year to May 2026)

87 homes sold in the year to September 2026.

Houses$370K

typical sale · 51 sold in the year to May 2026

Per square foot
$224TN $209
Days to sell
86
Sold over asking
8%
Listings with a price cut
23%
Fewer sales

Townhouses: 40 sold, typical $235K

Too few sales in 12 months for reliable figures.

14 years of sales

More homes sell than most years, at 1.8 times the 2016 price

87 sales in the last year, against 167 in 2022 and a low of 31 in 2013. The typical sale went from $167K in 2016 to $295K.

Homes soldTypical sale price
050100150200$100K$200K$300K$400K2012: 32 sold, typical $90K’122013: 31 sold, typical $124K2014: 39 sold, typical $115K’142015: 40 sold, typical $144K2016: 64 sold, typical $167K’162017: 59 sold, typical $175K2018: 78 sold, typical $216K’182019: 67 sold, typical $227K2020: 85 sold, typical $256K’202021: 80 sold, typical $299K2022: 167 sold, typical $341K’222023: 153 sold, typical $332K2024: 51 sold, typical $346K’242025: 89 sold, typical $307KLast 12 months: 87 sold, typical $295KNow

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 $300K buys in Chapel Hill

Houseat $224 a sq ft, year to May 2026
The same money in Tennesseeat $209 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Chapel Hill 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.

What the sales history says · 14 years of sales

Bidding wars in Chapel Hill are rarer than before the pandemic, and more homes are for sale

We read every month of Chapel Hill’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 87 sales.

If you’re buying in Chapel Hill

  • Shop in October. It brings about 8 new listings a month, close to the busiest month, with fewer bidding wars (23% over asking).
  • Offer under asking. Buyers paid 96.3% of the list price on average; 9% paid over.
  • You’ll usually have time. Only 28% of homes go under contract within two weeks; the typical one takes 54 days.
Best time to buy

Summer brings the homes; spring brings the bidding wars

August has the most new listings (about 9 a month), but March is the most competitive: 32% of March sales close over asking. October offers nearly as much choice with fewer homes bid up (23%). November has the least competition (13%).

New listings a monthShare sold over asking
02.557.51013%27%40%Sweet spotJan: 7 new listings a month, 19% sold over asking, 71 days to sellJFeb: 6 new listings a month, 31% sold over asking, 121 days to sellFMar: 8 new listings a month, 32% sold over asking, 121 days to sellMApr: 9 new listings a month, 28% sold over asking, 64 days to sellAMay: 9 new listings a month, 25% sold over asking, 78 days to sellMJun: 9 new listings a month, 28% sold over asking, 41 days to sellJJul: 7 new listings a month, 29% sold over asking, 48 days to sellJAug: 9 new listings a month, 25% sold over asking, 59 days to sellASep: 9 new listings a month, 29% sold over asking, 43 days to sellSOct: 8 new listings a month, 23% sold over asking, 68 days to sellONov: 6 new listings a month, 13% sold over asking, 53 days to sellNDec: 5 new listings a month, 13% sold over asking, 68 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Tennessee as a whole

Chapel Hill now2017–192021 peakTN now
Sold over askingShare of sales that closed above the list price9%31%43%13%
Gone within two weeksShare of homes under contract within 14 days28%46%51%26%
Price paid vs. askingAverage sale price ÷ list price96.3%99.4%100.5%97.3%
Days to sellMedian days from listing to contract54666872
Supply

34 homes for sale on a typical day

That’s 2.3 times the 2017 low (15) and 93% more than in 2017–19.

2012: 24 for sale’122013: 20 for sale2014: 18 for sale2015: 16 for sale’152016: 15 for sale2017: 15 for sale2018: 18 for sale’182019: 20 for sale2020: 23 for sale2021: 17 for sale’212022: 20 for sale2023: 17 for sale2024: 16 for sale’242025: 35 for saleLast 12 months: 34 for saleNow
Across Tennessee

Chapel Hill ranks 107th of 126 busy Tennessee markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Chapel Hill is one of the state’s calmer markets.

Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Chapel Hill home costs about $1,663 a month

Mortgage
Property tax
Insurance
Rent

Price: Chapel Hill’s typical sale, last 12 months. Property tax at Chapel Hill’s 0.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Chapel Hill is affordable on local pay is on Cost of living.

Before you buy in Chapel Hill

Six things worth knowing

9

New listings in August

The month with the most choice. December has the fewest, about 5.

Best time to buy
0.5%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $295K home, about $1,490 a year.

Taxes vs. neighbors
B−

Schools

The schools grade for Chapel Hill, from test results, graduation and how much students grow.

Schools in Chapel Hill
35 min

Typical commute

The average one-way trip to work for people who live in Chapel Hill.

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

Lewisburg and Shelbyville sell for less a square foot

The busier markets within 25 miles of Chapel Hill, 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
Spring Hill1,163$532K$23716%74
Shelbyville320$302K$19515%68
Lewisburg247$261K$18414%95
Christiana97$394K$21718%46
Chapel Hill87$295K$2129%54
Rockvale27$534K$22416%80
Unionville26$464K$24514%88

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 Chapel Hill, free

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

Questions about buying a home in Chapel Hill

What do homes sell for in Chapel Hill, TN?

87 homes sold in the year to September 2026 at a typical $295K, $212 a square foot.

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

A balanced market: 45 homes were for sale in September 2026 and 7 sold, about 5.8 months of supply. Buyers paid 96.3% of asking on average.

When is the best time to buy in Chapel Hill?

August brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Chapel Hill?

About 0.5% of a home’s value a year. On a $295K home that’s near $1,490.

Where can I see homes for sale in Chapel Hill?

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

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).