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Chapel Hill town, TN

ZIP 37034 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 37034

Median Home Value
$306,200
Median Rent
$1,136
Affordability Snapshot
$84,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,967/mo PITI).

16%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.6x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

22.5 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 37034 in Chapel Hill town, TN, a household would need roughly $84,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,967. That is roughly in line with the local median household income ($84,906). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
84.3%+29% vs US avg
x
Vacancy Rate
8.5%-17% vs US avg
x
Broadband Access
91.9%+6% vs US avg
x
4+ Bedrooms
6.0%-60% vs US avg
x
Built Pre-1939
1.3%-90% vs US avg
x
Built Post-2014
4.8%-31% vs US avg
x
Rent Burden >30%
32.0%-36% vs US avg
x
Mortgage-Free
29.3%-23% vs US avg
x
$306,200
Home Value
$1,136
Rent
1998
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached86.1%
  • 1-unit attached0.1%
  • 2-9 units0.8%
  • 10+ units0.1%
  • Mobile home & other12.9%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$306,200
Median rent$1,136
Owner-occupied84.3%
Vacant8.5%
Price-to-income3.6x
Est. income to buy$84,000