Chapel Hill Homes under $500,000

Welcome to Chapel Hill, North Carolina, a vibrant town known for its rich history, beautiful landscapes, and a strong sense of community. Nestled in the heart of the Piedmont region, Chapel Hill is home to the prestigious University of North Carolina, which infuses the area with a youthful energy and a plethora of cultural events, dining options, and recreational activities. With its charming downtown area, lush parks, and scenic trails, Chapel Hill offers a perfect blend of urban convenience and natural beauty.

For those looking to plant roots in this enchanting town, Chapel Hill boasts an impressive selection of homes priced under $500,000. Whether you’re a first-time homebuyer, a growing family, or looking to downsize, you’ll find a variety of options that cater to different tastes and lifestyles. From cozy bungalows with character to modern townhomes featuring contemporary designs, the housing market here presents an opportunity for everyone.

Imagine strolling through the picturesque neighborhoods lined with mature trees, or enjoying a weekend at the local farmers' market, where you can savor fresh produce and artisanal goods. With excellent schools, a strong sense of community, and a commitment to sustainability, Chapel Hill is not just a place to live; it’s a place to thrive.

Explore the charm of Chapel Hill and discover your dream home today! With homes under $500,000, this vibrant town invites you to be part of its rich tapestry. Experience the unique blend of Southern hospitality and modern living that makes Chapel Hill truly special.

Newest Chapel Hill Homes under $500,000

$300,000

2 Beds ⋅ 3 Baths ⋅ 10196277 MLS ⋅ ACTIVE Status

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 golf courses and more. Many trails and paths for recreation right out your backdoor. Free Chapel Hill bus stop is only a couple of hundred feet away for a quick ride to UNC, UNC hospital, & more! Kitchen has been completed redone with white cabinets, granite counters, subway tile backsplash, stainless appliances and really shines. Dining room or office in the front of the property and a spacious living room with brick accent wall looks over the patio and tress to the south facing rear of the home. Solid floors, welcoming foyer and powder room round out downstairs. Upstairs features all new carpet, 2 bedrooms and 2 baths with the primary having it's own ensuite and dual closets. Second bedroom is spacious with long range views of the pool, and a large closet and additional storage. The hall bath has been updated with new vanity, quartz counters, underhung sink, faucet, mirror. This would make a great home for it's next buyer, turn key rental for the investor client, or game day pied-à-terre for all your UNC game weekend or day activities.

606 Oak Tree Dr Unit 606, Chapel Hill

$315,000

3 Beds ⋅ 2 Baths ⋅ 10195901 MLS ⋅ ACTIVE Status

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 approximately 1.2 miles from UNC-Chapel Hill and close to downtown. Freshly painted and carpet-free throughout, this move-in-ready home offers numerous updates for its next owner. The main level features a spacious family room and separate dining room with brand-new luxury vinyl plank flooring and peaceful wooded views. The updated kitchen includes newer appliances, a new faucet, and additional improvements. Upstairs, you'll find two bedrooms with hardwood and ceiling fans, plus a shared full bathroom. The basement offers one additional bedroom and a flex room, a second full bath, a laundry and utility area with a washer and dryer, and direct access to the rear patio—providing excellent separation of space and privacy. New roof installed in 2023. Located along a free bus route and convenient to bike paths, UNC, Franklin Street, The Root Cellar, the YMCA, Bolin Creek trails, restaurants, shopping, and entertainment. Don't miss this exceptional Chapel Hill home—a rare opportunity to enjoy flexible living, thoughtful updates, and an unbeatable location near UNC and downtown!

205 Sunrise Ln Unit Apt C, Chapel Hill

$260,000

2 Beds ⋅ 2 Baths ⋅ 10195861 MLS ⋅ ACTIVE Status

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 vinyl plank flooring, a stylish remodeled kitchen featuring quartz countertops, and a beautifully updated walk-in shower. The open, inviting layout is complemented by modern finishes throughout, making this home move-in ready. Enjoy the convenience of a first-floor location along with the community's excellent amenities, including a pool, clubhouse, tennis courts, and sidewalks. Ideally situated near shopping, dining, recreation, and all that Chapel Hill has to offer. A wonderful opportunity to enjoy comfort, convenience, and an unbeatable location!

1411 Arborgate Cir, Chapel Hill

$495,000

3 Beds ⋅ 3 Baths ⋅ 10195792 MLS ⋅ ACTIVE Status

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 bordered by mature trees sits right next door. Featuring 3 bedrooms, 2.5 baths, and a two-car garage, the home offers comfortable spaces to gather and unwind. Fresh interior paint throughout and a freshly painted screened-in porch give the home a refreshed feel. Hardwood floors anchor the open main level, where the living room with fireplace flows into the kitchen and dining area. The kitchen features granite countertops, stainless steel appliances, a tile backsplash, and ample cabinetry. Decorative wall trim adds character to the dining area, while the screened-in porch overlooking wooded surroundings provides a welcoming spot for morning coffee or relaxing outdoors. Upstairs, updated luxury vinyl plank flooring in a contemporary light wood tone creates a bright, cohesive look. The generous primary suite features a tray ceiling and an ensuite bath with dual vanities, a soaking tub, and a separate shower. Two additional bedrooms, a full bath, and an upstairs laundry room offer everyday convenience. The open loft provides flexible space for a home office, reading nook, or additional living area. Additional updates include an HVAC system replaced in 2024 and a refrigerator replaced in 2021. HOA-maintained grounds and exterior maintenance, including the roof, simplify upkeep. Enjoy nearby walking trails and convenient access to shopping, dining, UNC, and I-40.

274 Lexes Trl, Chapel Hill

$245,000

2 Beds ⋅ 2 Baths ⋅ 10195754 MLS ⋅ ACTIVE Status

Welcome home to this beautifully refreshed 2-bedroom, 2-bath condo in the desirable Providence Glen community! Offering 1,075 square feet of comfortable, easy living, this home features a bright, open layout, fresh interior paint, and carpet replaced in 2023. A new refrigerator, new washer, and new dryer all convey, making this home truly move-in ready. Enjoy an incredibly convenient Chapel Hill location just minutes from Wegmans, Eastgate shopping and dining, Trader Joe's, Whole Foods, I-40, UNC-Chapel Hill, Duke, and RTP. Enjoy low-maintenance condo living with an HOA fee that covers condo-style master insurance and maintenance of the common areas, private streets, roofs, siding, decks, and common areas within each building. Providence Glen amenities include a swimming pool, clubhouse, and tennis court, giving you even more to enjoy without the upkeep of a single-family home. Freshly updated, move-in ready, and ideally located for easy access to Chapel Hill and the Triangle, this Providence Glen condo is ready to welcome you home!

1011 Arborgate Cir, Chapel Hill

$220,000

2 Beds ⋅ 2 Baths ⋅ 10195634 MLS ⋅ ACTIVE Status

Welcome home to this roomy 2-bedroom, 1.5-bathroom townhouse nestled in one of the best locations in Chapel Hill. Steps from University Place (shopping, dining, Silverspot Cinema, Chapel Hill Farmer's Market, fitness, banks, post office, etc.), Chapel Hill Community Center (greenway, indoor pool, park, etc.), and more, this home is the ultimate launching pad for anyone wanting to experience the best of Chapel Hill. Willow Terrace is a classic, old-school Chapel Hill community known for its remarkable location and solid townhomes. If you have a vehicle (even if you may not need one), parking is easy with designated private spots. Inside, find a spacious living room with impressive storage and a big front window. A powder room, a large eat-in kitchen, and a convenient laundry area complete the main floor. The sunny kitchen features a lovely layout and vintage charm. The kitchen's back door leads to a quiet courtyard. Upstairs, find two spacious bedrooms with hardwood floors and a full bathroom. Both bedrooms have great closets and big windows. The walls were freshly painted just prior to listing. It's a blank canvas awaiting its new chapter. Thoughtfully priced, this property is ready for your touch, updates, and fingerprint. It's ready for you! This is a great opportunity to own a property in an outstanding location and update it to your liking, whether it be your forever home, a cozy place for your kids to start their adult lives, or a Tar Heel pied-à-terre. This property is 5 minutes from UNC, a world-class university and hospital, and 15minutes from Duke University and Medical Center. It is also located in the heart of the Chapel Hill-Carrboro City Schools district. Mornings on the Bolin Creek trail, weekend coffee or lunch at your favorite spot, people-watching with friends (ice cream + cone in hand) at Jeni's, dinner out (or in with your farmers' market haul), and a lux movie theater experience all await just outside your front door. And that's just scratching the surface of this awesome location! If your next chapter includes soaking in the energy of a truly excellent location and settling into the simplicity of an efficient property and lifestyle, this property is waiting for you!

1002 Willow Dr Unit 19, Chapel Hill

$424,990

3 Beds ⋅ 4 Baths ⋅ 10195626 MLS ⋅ ACTIVE Status

Welcome to the NOLA Plan in the heart of Durham! Discover modern townhome living at 1058 Zelkova Lane in Twinleaf Townes by TriPointe Homes. This stylish 3-story home is designed to impress with a first-floor flex room featuring a full bath and walk-in shower -- perfect for guests, a home office, or your own private retreat. Love to entertain? The oversized kitchen island, sleek contemporary finishes, and open-concept design create the perfect space for hosting friends and family. Location, it doesn't get much better: Only 0.5 miles to I-40; Just minutes to UNC (4 mi), Duke (8 mi), RTP, and Southpoint Whether you're commuting, dining out, shopping, or exploring Durham, everything you need is right at your fingertips. Opportunities like this don't last long in one of Durham's most desirable communities -- schedule your visit today! Photos are renderings or of a model home. Actual features, finishes, and selections may vary.

1058 Zelkova Ln, Chapel Hill

$329,000

3 Beds ⋅ 3 Baths ⋅ 10195519 MLS ⋅ ACTIVE Status

WELCOME to SUMMERFIELD CROSSING - where low-maintenance living meets an unbeatable CHAPEL HILL location! Bright, airy & move-in ready. The inviting kitchen flows seamlessly into the open Living & Dining areas—perfect for everyday living or entertaining. Cozy up by the wood-burning fireplace with your favorite book, or step outside and enjoy the fall breeze on your private patio. With 3 Bedrooms + 2.5 Baths, this versatile floorplan offers plenty of options for bedrooms, guests, a home office & more. Love the outdoors? Explore nearby Booker Creek Trail, or take a quick hop, skip & jump to Eastgate for shopping, Trader Joe's, Wegman's, dining, coffee, free busline & many more everyday conveniences, while close to UNC/Duke & major highway commutes. Easy living, a fantastic location & ready for YOU!

112 Mossbark Ln, Chapel Hill

$275,000

2 Beds ⋅ 2 Baths ⋅ 10195409 MLS ⋅ ACTIVE Status

Welcome to effortless, low-maintenance living in a setting that feels like a getaway every day. Nestled among beautifully manicured grounds, mature trees, and peaceful walkways, this stunning end unit condo offers exceptional community amenities, a clubhouse, sparkling pool, and fitness center. Step inside and be greeted by an abundance of natural light pouring through a wall of windows. This sun drenched home boasts 9-foot ceilings, elegant arched doorways, brand-new carpeting, and an inviting open floor plan designed for both comfort and style. The spacious two-bedroom, two-bath layout includes a generous primary suite featuring a tray ceiling, large walk in closet, soaking tub, and separate shower. The well appointed kitchen offers abundant cabinetry and flows seamlessly into the warm and welcoming family room, complete with vaulted ceiling and cozy fireplace. Enjoy your morning coffee in the adjacent dining area, which opens to your own private deck. Additional highlights include an oversized one-car garage with direct interior access and extra storage. Enjoy easy access to shopping, dining, major highways, and public transit including a nearby bus stop with direct service to UNC campus. Plus, UNC-Chapel Hill, Duke University, and Research Triangle Park are all minutes away, making this carefree, connected living at its finest.

201 Presque Isle Ln, Chapel Hill

$199,000

3 Beds ⋅ 2 Baths ⋅ 10194067 MLS ⋅ ACTIVE Status ⋅ Building A BLDG.

One of a kind 3 bedroom top floor condominium, freshly painted in classic antique white, with brand new carpet and vinyl flooring, One of the few units that features a walk in shower and stackable washer/dryer. Serene and quiet location, with a good-sized private balcony providing a calm and secluded wooded view. Primary bedroom oversees the pool. New refrigerator and renovated bathrooms. Assigned/reserved parking just outside the building entrance is included. Ideal for primary residence as well as investor opportunity in a well established community. Please reach out to listing agent for ownership information. This is an estate sale.

500 Umstead Dr Unit A302, Chapel Hill

$344,000

3 Beds ⋅ 2 Baths ⋅ 10195130 MLS ⋅ ACTIVE Status

Tucked at the rear of the community with green space just beyond the screened porch, this second-floor end-unit condo offers a little extra privacy in an incredibly convenient Chapel Hill location. Inside, you'll find 3 bedrooms, 2 full baths, an open and spacious living area with a gas-log fireplace, and an updated kitchen with quartz countertops and high ceilings throughout. Step onto the screened porch for morning coffee, an evening wind-down, or simply a quiet spot to enjoy the trees and birds out back. Additionally, this home is move-in ready and has never had pets or been smoked in, and a detached storage unit provides additional space for bikes, seasonal items, and more. The secure building includes elevator access, while the community offers a pool, clubhouse, playground, tennis courts, and pickleball courts. Leave the car at home with bus service nearby, or hop on I-40 for easy access to UNC, Duke, and RTP. Downtown Chapel Hill, Wegmans, Eastgate, shopping, dining, and everyday conveniences are all just minutes away. Chapel Hill-Carrboro City Schools.

823 Providence Glen Dr, Chapel Hill

$175,000

3 Beds ⋅ 1 Baths ⋅ 10195082 MLS ⋅ ACTIVE Status

Discover the possibilities at 163 Twilight Lane! Tucked away on a private setting in Chapel Hill, this unique property includes two lots totaling approximately 2.1 acres, offering plenty of room to enjoy the outdoors and envision what could come next. The 3-bedroom, 1-bath home provides a great starting point for buyers ready to add their own style, make updates, and unlock its potential. The additional lot adds another layer of opportunity, whether you're looking for extra privacy, space for outdoor living, gardening, recreation, or simply more room to spread out. Surrounded by a peaceful, wooded setting, the property offers a tucked-away feel while remaining convenient to the Chapel Hill area. With Jordan Lake recreation nearby and access to the shopping, dining, entertainment, and amenities of Chapel Hill, this property brings together space, privacy, and possibility. Whether you're searching for a home to make your own or a property with additional land and long-term potential, 163 Twilight Lane is ready for its next chapter.

163 Twilight Ln, Chapel Hill

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Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2026 Triangle MLS, Inc. of North Carolina. Data last updated .