17

Chapel Hill, NC Homes for Sale under $200,000

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  • 139 Kingsbury Dr Unit 6B, Chapel Hill, NC 27514
    139 Kingsbury Dr Unit 6B, Chapel Hill, NC 27514
    139 Kingsbury Dr Unit 6B, Chapel Hill, NC 27514
    /47

    $200,000

    • 2 Beds
    • 2.5 Baths
    • 1,168 Sq Ft

    139 Kingsbury Dr Unit 6B, Chapel Hill, NC 27514

    Quiet upper floor unit with two spacious bedrooms each with private en-suite bath and double vanity. Good size kitchen next to dining beside large living room that opens to a covered porch balcony for fresh outdoor air. Unit is close to community laundry room, seasonal pool & tennis court. On free Chapel Hill bus line 15 minutes to downtown andUNC campus. Walk to two shopping centers with

    J.B. Hu CHK Realty

    139 Kingsbury Dr Unit 6B, Chapel Hill, NC 27514
  • 306 Ashley Forest Rd Unit Bldg F, Chapel Hill, NC 27514
    306 Ashley Forest Rd Unit Bldg F, Chapel Hill, NC 27514
    306 Ashley Forest Rd Unit Bldg F, Chapel Hill, NC 27514
    /16

    $175,000

    • 2 Beds
    • 1.5 Baths
    • 876 Sq Ft

    306 Ashley Forest Rd Unit Bldg F, Chapel Hill, NC 27514

    Move-in ready and beautifully updated, this home offers bright living spaces, a functional floor plan, and spacious bedrooms throughout. The renovated kitchen and bathrooms add a fresh, modern feel, while the layout makes everyday living and entertaining easy. Ideally located close to UNC and on the bus line, this home also offers quick access to schools, parks, shopping, dining, and major

    Kevin Zhu CHK Realty

    306 Ashley Forest Rd Unit Bldg F, Chapel Hill, NC 27514
  • 0 Morrow Mill Rd Unit 10161911, Chapel Hill, NC 27516
    0 Morrow Mill Rd Unit 10161911, Chapel Hill, NC 27516
    0 Morrow Mill Rd Unit 10161911, Chapel Hill, NC 27516
    /10

    $186,000

    • Land
    • 5.64 Acres
    • $32,979 per Acre

    0 Morrow Mill Rd Unit 10161911, Chapel Hill, NC 27516

    Property Includes 4 subdivided lots all total being 5.64 Acres. Has paved road frontage on Morrow Mill Road. Great location with short commute to Carrboro, Chapel Hill, Mebane, Burlington.

    Dickie Andrews Andrews & Associates Realty

    0 Morrow Mill Rd Unit 10161911, Chapel Hill, NC 27516
  • 19102 Stone Brook, Chapel Hill, NC 27517
    19102 Stone Brook, Chapel Hill, NC 27517
    19102 Stone Brook, Chapel Hill, NC 27517
    /7

    $160,000

    • Land
    • 11,761 Sq Ft
    • $592,593 per Acre

    19102 Stone Brook, Chapel Hill, NC 27517

    Welcome to the highly esteemed Stone Brook neighborhood within Governors Club, where this exceptional homesite offers more than just prime location. Nestled amidst the gently sloped terrain, this property provides ample privacy and seclusion but also the tranquil ambiance of waterfront living. Step out your future back door to enjoy the calming vistas of the pond, creating a serene backdrop for

    Joelle W. Poole Ann Milton Realty

    19102 Stone Brook, Chapel Hill, NC 27517
  • 144 Lincoln Ln, Chapel Hill, NC 27516
    144 Lincoln Ln, Chapel Hill, NC 27516
    144 Lincoln Ln, Chapel Hill, NC 27516
    /16

    $149,000

    • Land
    • 5,227 Sq Ft
    • $1,241,667 per Acre

    144 Lincoln Ln, Chapel Hill, NC 27516

    Shovel-Ready Investor Gem - 1.3 Miles to UNC Campus! Skip the red tape and start building immediately on this prime lot in the heart of Chapel Hill. Located just 1.3 miles from UNC, this property is perfectly positioned for high-demand student housing or a lucrative rental. All the heavy lifting is done: approx $20,000+ in pre-construction value is included, featuring town-approved architectural

    Krissan Gault Coldwell Banker HPW

    144 Lincoln Ln, Chapel Hill, NC 27516
  • 500 Umstead Dr Unit 304, Chapel Hill, NC 27516
    500 Umstead Dr Unit 304, Chapel Hill, NC 27516
    500 Umstead Dr Unit 304, Chapel Hill, NC 27516
    /11

    $189,900

    • 3 Beds
    • 2 Baths
    • 1,210 Sq Ft

    500 Umstead Dr Unit 304, Chapel Hill, NC 27516

    Great location and schools in Chapel Hill, minutes to downtown, UNC, Umstead Park, and highways. Three bedrooms and two full bathrooms, a bright and airy environment with fresh paint, in move-in condition. Excellent for a first-time home buyer or investor.

    Eric Young Carolina Realty One Triangle L

    500 Umstead Dr Unit 304, Chapel Hill, NC 27516
  • 55235 Broughton, Chapel Hill, NC 27517
    55235 Broughton, Chapel Hill, NC 27517
    55235 Broughton, Chapel Hill, NC 27517
    /25

    $200,000

    • Land
    • 37,897 Sq Ft
    • $229,885 per Acre

    55235 Broughton, Chapel Hill, NC 27517

    Golf Course VIEW. Excellent value in Governors Club. Exciting opportunity to build your dream home with a full walk-out Lower Level. This huge (0.87 acre), downward sloping, lot will accommodate your cascading home (Transitional with Lower Level/workshop: CA Contemporary w/floor to ceiling glass walls for your private views). Broughton road is the home to many stunning estates. Bring your own

    Jill Ehrenfeld Governors Club Realty

    55235 Broughton, Chapel Hill, NC 27517
  • 1416 Jack Bennett Rd, Chapel Hill, NC 27517
    1416 Jack Bennett Rd, Chapel Hill, NC 27517
    1416 Jack Bennett Rd, Chapel Hill, NC 27517
    /28

    $170,000

    • Land
    • 2 Acres
    • $85,000 per Acre

    1416 Jack Bennett Rd, Chapel Hill, NC 27517

    Discover the perfect opportunity to build your dream home on this beautiful 2-acre unimproved residential parcel near Lake Johnson Park. Tucked in a peaceful, natural setting, this property offers a blend of privacy and convenience in one of Raleigh's most sought-after areas. Zoned for residential use, the land provides ample space for a custom home, outdoor living, and more. Utilities are

    Anthony Casella Jason Mitchell Real Estate

    1416 Jack Bennett Rd, Chapel Hill, NC 27517
  • 11471 Club Dr, Chapel Hill, NC 27517
    11471 Club Dr, Chapel Hill, NC 27517
    11471 Club Dr, Chapel Hill, NC 27517
    /4

    $105,000

    • Land
    • 8,058 Sq Ft
    • $567,568 per Acre

    11471 Club Dr, Chapel Hill, NC 27517

    Unique golf course lot in Governors Club. Level pad for footprint of your home with sloping lot to fairway. Overlooks the 7th hole on the Foothills Nine of this Jack Nicklaus designed course. Clubhouse, which includes restaurant and pro shop, is less than a 3 minute from this lot. House plan must be approved by the Architectural Review Board ( ARB ). Builder must be on the ARB approved list. No

    Mike Mauriello Coldwell Banker - HPW

    11471 Club Dr, Chapel Hill, NC 27517
  • 500 Umstead Dr Unit 104C, Chapel Hill, NC 27516
    500 Umstead Dr Unit 104C, Chapel Hill, NC 27516
    500 Umstead Dr Unit 104C, Chapel Hill, NC 27516
    /9

    $198,000

    • 2 Beds
    • 1.5 Baths
    • 911 Sq Ft

    500 Umstead Dr Unit 104C, Chapel Hill, NC 27516

    Great Location Rented for $1,400 per monthYears lease but can be canceled. Tenant wants to stay. Call listing agent for all showingsJim 919-260-6778

    Pamela Zeman Dunlap Lilley Properties

    500 Umstead Dr Unit 104C, Chapel Hill, NC 27516
  • 244 Brown Bear Ct, Chapel Hill, NC 27517
    244 Brown Bear Ct, Chapel Hill, NC 27517
    244 Brown Bear Ct, Chapel Hill, NC 27517
    /12

    $199,000

    • Land
    • 19,602 Sq Ft
    • $442,222 per Acre

    244 Brown Bear Ct, Chapel Hill, NC 27517

    0.45 acre lot in the desirable Preserve at Jordan Lake ready for your custom build. community offers extensive amenities, including a pool, pickleball/tennis courts, fitness room, and Davis Love III signature golf course for additional fee.

    Everett Stevenson Compass -- Chapel Hill - Durham

    244 Brown Bear Ct, Chapel Hill, NC 27517
  • 130 S Estes Dr Unit D1, Chapel Hill, NC 27514
    130 S Estes Dr Unit D1, Chapel Hill, NC 27514
    130 S Estes Dr Unit D1, Chapel Hill, NC 27514
    /18

    $139,000

    • 1 Bed
    • 1 Bath
    • 670 Sq Ft

    130 S Estes Dr Unit D1, Chapel Hill, NC 27514

    Opportunity in Chapel Hill at an exceptional price point- create the space you've been dreaming of. Located in the established Camelot Village community, this condo offers a true blank canvas with improvements already in motion- ideal for buyers who want a premium location and the ability to add their own finishes and updates over time. Minutes to UNC-Chapel Hill with easy access to Chapel Hill

    Raunaq Soin Allen Tate/Cary

    130 S Estes Dr Unit D1, Chapel Hill, NC 27514
  • 71001 Everard, Chapel Hill, NC 27517
    71001 Everard, Chapel Hill, NC 27517
    71001 Everard, Chapel Hill, NC 27517
    /51

    $200,000

    • Land
    • 11,369 Sq Ft
    • $766,284 per Acre

    71001 Everard, Chapel Hill, NC 27517

    One of the very few remaining undeveloped lots in the sought after Tryon Court! Level lot in Governors club, home to the 27-hole Jack Nicklaus Signature golf course. Tryon Court is a walkable neighborhood with sidewalks nearby. Join the Club and walk to tennis, indoor pool, outdoor pool and grill, fitness center and pickleball. Wave to friendly neighbors strolling by. Walk to the school bus stop.

    Jill Ehrenfeld Governors Club Realty

    71001 Everard, Chapel Hill, NC 27517
  • 56706 Nash, Chapel Hill, NC 27517
    56706 Nash, Chapel Hill, NC 27517
    56706 Nash, Chapel Hill, NC 27517
    /3

    $190,000

    • Land
    • 14,374 Sq Ft
    • $575,758 per Acre

    56706 Nash, Chapel Hill, NC 27517

    Prime elevated homesite in the desirable Saddle Ridge section of Governors Club. An ideal setting to build your custom dream home and enjoy peaceful views. Tucked away at the end of a cul-de-sac and backing to a greenway for exceptional privacy.

    Steve Raj The Virtual Realty Group INC

    56706 Nash, Chapel Hill, NC 27517
  • 11467 Club Dr, Chapel Hill, NC 27517
    11467 Club Dr, Chapel Hill, NC 27517
    11467 Club Dr, Chapel Hill, NC 27517
    /10

    $150,000

    • Land
    • 10,541 Sq Ft
    • $619,835 per Acre

    11467 Club Dr, Chapel Hill, NC 27517

    Difficult to find golf course level lot. There are a variety of plans to pick from to build in this large lot located in Club Cottage neighborhood. Bring your own builder. No time limit on building. Very private backyard. Walk to the Club or Fitness center (membership is separate). Located close to Duke, UNC-Ch, RTP and RDU.

    Mahnaz Valipour Julie Wright Realty Group LLC

    11467 Club Dr, Chapel Hill, NC 27517
  • 4 Shepherd Ln Unit Bldg C, Chapel Hill, NC 27514
    4 Shepherd Ln Unit Bldg C, Chapel Hill, NC 27514
    4 Shepherd Ln Unit Bldg C, Chapel Hill, NC 27514
    /18

    $179,900

    • 2 Beds
    • 1 Bath
    • 800 Sq Ft

    4 Shepherd Ln Unit Bldg C, Chapel Hill, NC 27514

    LOW MAINTENANCE condo in a quiet, park-like setting in the heart of Chapel Hill just minutes from UNC and downtown. This bright 2-bedroom unit offers a functional layout, spacious bedrooms, and great natural light with peaceful, tree-lined views. CONVENIENT location within walking distance to University Place, Chapel Hill Community Center, Harris Teeter, Silverspot Cinema, Caffe Driade, local

    Juan Agudelo Raleigh Realty Inc.

    4 Shepherd Ln Unit Bldg C, Chapel Hill, NC 27514
  • 15 Shepherd Ln, Chapel Hill, NC 27514
    15 Shepherd Ln, Chapel Hill, NC 27514
    15 Shepherd Ln, Chapel Hill, NC 27514
    /20

    $142,000

    • 1 Bed
    • 1 Bath
    • 577 Sq Ft

    15 Shepherd Ln, Chapel Hill, NC 27514

    This 1-bedroom, 1-bath condo offers a straightforward, low-maintenance lifestyle in a highly accessible location. The interior features a functional open floorplan that connects the kitchen and living areas, creating a clean and versatile space. Spacious bedroom. Ideally situated for convenience, the property is just minutes from campus, downtown, and local shopping. Easy access to major highways

    Stephen Lustgarten Coldwell Banker HPW

    15 Shepherd Ln, Chapel Hill, NC 27514
North Carolina Orange County Chapel Hill

Real Estate & Homes in Chapel Hill, NC under $200,000

Home Trends in Chapel Hill, NC

On average, homes in Chapel Hill, NC sell after 41 days on the market compared to the national average of 56 days. The median sale price for homes in Chapel Hill, NC over the last 12 months is $688,000, down 6% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$688,000
Median Single Family Sale Price
$785,000
Median Townhouse Sale Price
$481,000
Median 2 Bedroom Sale Price
$560,000
Median 1 Bedroom Sale Price
$320,000
Average Price Per Sq Ft
$312
Number of Homes for Sale
237
Last 12 months Home Sales
677
Months of Supply
4.20
Median List Price
$749,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-6%

Popular Home Searches in Chapel Hill, NC

With a strong university presence and tree-lined streets, Chapel Hill attracts buyers looking for charm and thoughtful design.

How to Buy a Home How to Finance a Home How to Sell a Home

In Chapel Hill, you'll find a diverse selection of properties with 17 homes for sale under $200,000, catering to budget-conscious buyers seeking affordable housing solutions. Whether you're a first-time homebuyer in search of a cozy starter home or an investor eyeing a promising opportunity, these affordable homes provide a gateway into the real estate market in Chapel Hill, NC.

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