Chapel Hill Homes under $500,000

Welcome to Chapel Hill, North Carolina—a vibrant town known for its rich history, academic excellence, and charming Southern hospitality. Nestled in the heart of the Triangle, Chapel Hill is home to the prestigious University of North Carolina, which infuses the area with a youthful energy and a thriving cultural scene. With its picturesque landscapes, tree-lined streets, and a vibrant downtown filled with eclectic shops, restaurants, and art galleries, Chapel Hill offers a unique blend of urban convenience and small-town charm.

For those seeking to make Chapel Hill their home, you'll be delighted to discover a variety of homes available for under $500,000. This price range opens the door to a diverse array of options, from cozy bungalows and modern townhomes to charming single-family residences. Whether you're a first-time homebuyer, a growing family, or looking to downsize, Chapel Hill has something to suit every lifestyle and budget.

Imagine waking up to the sounds of nature, with parks and trails just a stone's throw away, perfect for outdoor enthusiasts. Enjoy the local farmer’s markets, community events, and a strong sense of community that makes Chapel Hill truly special. With its excellent schools, friendly neighborhoods, and a commitment to sustainability, it’s no wonder that Chapel Hill consistently ranks as one of the best places to live in North Carolina.

Explore the possibilities of calling Chapel Hill home, where your dream of living in a vibrant, welcoming community can become a reality—all without breaking the bank!

Newest Chapel Hill Homes under $500,000

524 Aberdeen Dr Unit 204, Chapel Hill image

524 Aberdeen Dr Unit 204, Chapel Hill $320,000

Why pay rent when you can invest in Chapel Hill property close to UNC. Step into luxury with this beautifully updated 1-bedroom, 1.5-bathroom condo featuring modern high...

1 Beds
2 Baths
10196864 MLS
ACTIVE Status

13 Davie Cir, Chapel Hill $475,000

This charming 1930s bungalow is full of original details you won't find in a run-of-the-mill newer build. Just steps from Franklin Street and about a mile from campus, th...

2 Beds
1 Baths
10196742 MLS
ACTIVE Status

187 Manordale Dr, Chapel Hill $399,900

Fabulous opportunity to own a spacious townhome with three ensuite bedrooms in a convenient location near I-40, RDU, UNC-Chapel Hill, and Duke Medical Center. Freshly pai...

3 Beds
3 Baths
10196695 MLS
COMING SOON Status

2119 Irvin Cir, Chapel Hill $499,000 ▼

Great location! Close to amenities and no city tax's! Corner lot with a fenced yard! 3 bed 1 bath with new windows and metal roof! State maintained dead end road. Landsc...

3 Beds
1 Baths
10196503 MLS
ACTIVE Status

817 Edwards St Unit B, Chapel Hill image

817 Edwards St Unit B, Chapel Hill $345,000

Come see this beautiful 2 bedroom 2.5 bath condo located close to all the things you know you want to do around Chapel Hill and Carrboro. Freshly painted and renovated, ...

2 Beds
3 Baths
10196431 MLS
ACTIVE Status

2201 Environ Way, Chapel Hill — 2000 $405,000

Welcome to Chapel Hill's East 54! Enjoy the open floor plan with natural light streaming through floor-to-ceiling windows and an open balcony. This one bedroom condo has ...

1 Beds
1 Baths
10190291 MLS
2000 Bldg.
ACTIVE Status

220 Elizabeth St Unit C3, Chapel Hill image

220 Elizabeth St Unit C3, Chapel Hill $235,000

Chapel Hill Location & Value! This newly updated, spacious 2 bedroom, 2.5 bath condo is tucked just off Franklin Street, putting you close to UNC, Downtown Chapel Hill, t...

2 Beds
3 Baths
LP770145 MLS
ACTIVE Status

1904 Overland Dr, Chapel Hill $495,000

Do you know that feeling when you walk into a home and instantly get the sense that it has been well cared for, maintained, and loved? Welcome to 1904 Overland. An abunda...

4 Beds
2 Baths
10196301 MLS
ACTIVE Status

606 Oak Tree Dr Unit 606, Chapel Hill image

606 Oak Tree Dr Unit 606, Chapel Hill $300,000

Welcome to 606 Oak Tree Drive in the Oaks. The ease of access from this property cannot be beat. A couple of short blocks from restaurants, grocery stores, drug stores, ...

2 Beds
3 Baths
10196277 MLS
ACTIVE Status

205 Sunrise Ln Unit Apt C, Chapel Hill image

205 Sunrise Ln Unit Apt C, Chapel Hill $315,000

Location, space, and flexibility—all in one! Welcome to 205 Sunrise Lane, a beautifully updated three-story condo that lives like a townhome, ideally located approximatel...

3 Beds
2 Baths
10195901 MLS
ACTIVE Status

1411 Arborgate Cir, Chapel Hill $260,000

Welcome to this beautifully updated first-floor condo in a fantastic Chapel Hill location! This spacious 2-bedroom, 2-bath home offers easy one-level living with luxury v...

2 Beds
2 Baths
10195861 MLS
ACTIVE Status

274 Lexes Trl, Chapel Hill $495,000

Welcome home to this bright and inviting end-unit townhome in Ballentine, where windows on three sides fill the rooms with natural light and an expansive green space bord...

3 Beds
3 Baths
10195792 MLS
ACTIVE Status