How much is a home worth in ZIP code 27278?

The typical home in 27278 is worth $475,652, based on the Zillow Home Value Index.

Are home values rising in 27278?

Home values in 27278 are down 2.2% over the past year, and up 5.9% a year over five years.

What is the typical rent in 27278?

A typical home in 27278 rents for about $1,501 a month, a gross rental yield of 3.8%.

What is the property tax rate in 27278?

The effective property tax rate in 27278 is 0.8% — roughly $3,874 a year on a typical home.

ZIP code 27278 has a population of 27,925 and a median household income of $105,887.

HousingHandbookReference data

…

U.S. ZIP Code · NC27278

Orange County · Durham-Chapel Hill, NC

Typical home value

$475,652^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -2.2%
5-year / yr: +5.9%
10-year / yr: +6.6%

Relative price

vs U.S.: +67.4%
vs metro: +13.8%
vs state: +67.1%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 27278 is worth $475,652 — 13.8% above the Durham-Chapel Hill, NC median. Over the past year, values have fallen 2.2%. Homes here rent for a typical $1,501 a month — a 3.8% gross rental yield. The effective property tax rate is 0.8%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,501^[2]
Gross yield: 3.8%^[2]
Cap rate: 2.3%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.8%^[3]
Typical annual tax: $3,874^[3]

#Climate risk

FEMA National Risk Index ratings for Orange County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Low^[4]
Riverine flood: Relatively Moderate
Coastal flood: Not Applicable
Wildfire: Very Low
Drought: Relatively Low
Heat wave: Relatively Moderate
Hurricane: Relatively Moderate
Tornado: Relatively Moderate
Earthquake: Relatively Low
Winter weather: Relatively High

#Who lives here

Population: 27,925^[3]
Median household income: $105,887^[3]

#Migration

Household moves in and out of Orange County over a year, from IRS tax-return data.

Net migration: -866^[5]
Moved in: 5,811
Moved out: 6,677

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 12
Elementary: 6
Middle: 2
High: 3

Orange High
High · Grades 9–12 · Orange County Schools
1,220 students
Cedar Ridge High
High · Grades 9–12 · Orange County Schools
1,118 students
Eno River Academy
Other · Grades K–12 · Eno River Academy
810 students
A L Stanback Middle
Middle · Grades 6–8 · Orange County Schools
625 students
River Park Elementary
Elementary · Grades PK–5 · Orange County Schools
555 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield3.8%

Net yield (after ~40% expenses)2.3%

Annual rent$18,011

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$2,405

Loan principal$380,521

Down payment$95,130

Total interest paid$485,334

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio2.08

Monthly cost to own$3,123

Monthly rent$1,501

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 36th percentile^[1]
Rental yield: 29th percentile^[2]
Property tax: 79th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 27278?: The typical home in 27278 is worth $475,652, based on the Zillow Home Value Index.
Are home values rising in 27278?: Home values in 27278 are down 2.2% over the past year, and up 5.9% a year over five years.
What is the typical rent in 27278?: A typical home in 27278 rents for about $1,501 a month, a gross rental yield of 3.8%.
What is the property tax rate in 27278?: The effective property tax rate in 27278 is 0.8% — roughly $3,874 a year on a typical home.
Who lives in 27278?: ZIP code 27278 has a population of 27,925 and a median household income of $105,887.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

27705 vs 27278 →
Durham, NC
Typical home
$474,897
Gross yield
4.5%
27503 vs 27278 →
Durham, NC
Typical home
$492,460
Gross yield
—
27343
NC
Typical home
$506,580
Gross yield
—
27510
Carrboro, NC
Typical home
$437,661
Gross yield
4.0%
27712
Durham, NC
Typical home
$430,063
Gross yield
5.5%
27701
Durham, NC
Typical home
$429,906
Gross yield
4.9%

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Pit ZIP 27278 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · NC27278

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