The median home value in Chancellor, AL is $145,000. This is higher than the county median home value of $115,450. The national median home value is $308,980. The average price of homes sold in Chancellor, AL is $145,000. Approximately 72% of Chancellor homes are owned, compared to 15% rented, while 12% are vacant. Chancellor real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Chancellor real estate agent to arrange a tour today! Learn more about Chancellor Real Estate.