Market Overview
Home Prices in Chapel Hill, TN
The median home value in Chapel Hill, TN is $395,235 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.6% compared to a year ago and up 3.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Chapel Hill are priced4% below average. Chapel Hill is part of the Lewisburg, TN metro area.
Over the past five years, Chapel Hill home values have risen by approximately31.7%, reflecting strong long-term appreciation in this market.
Price History
Chapel Hill Home Price Trend
City Comparison
Chapel Hill vs. National Median
At $395,235, homes in Chapel Hill cost 4% below the national median of $410,000. This makes Chapel Hill a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Chapel Hill?
20% Down Payment
$79,047
on $395,235
Monthly P&I
$2,061/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,617/mo
incl. taxes & insurance
Income Needed
$104,680
gross annual (30% rule)
10% Down Option
$39,524
+ PMI applies
Loan Amount (20% dn)
$316,188
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Chapel Hill, TN?
The median home value in Chapel Hill is $395,235 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.6% year-over-year.
How much have home prices changed in Chapel Hill?
Over the past year, home values in Chapel Hill have increased by 0.6%. Over five years, prices have risen approximately 31.7%.
How much do I need to earn to buy a home in Chapel Hill?
To comfortably afford the median home price of $395,235 with a 20% down payment ($79,047) at today's rates (6.8%), you'd need a gross annual income of approximately $104,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Chapel Hill compare to the national average home price?
The national median home value is approximately $410,000. At $395,235, homes in Chapel Hill are 4% below the national average.
What metro area is Chapel Hill part of?
Chapel Hill is part of the Lewisburg, TN metropolitan area. Home prices and market conditions can vary across the broader metro region.