HousingHandbookReference data

U.S. ZIP Code · NC27517

Chatham County · Durham-Chapel Hill, NC

Typical home value

$677,691[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+0.9%
5-year / yr
+7.3%
10-year / yr
+6.0%

Relative price

vs U.S.
+138.6%
vs metro
+62.1%
vs state
+138.1%
ZIP 27517 location in NC
Location of ZIP 27517 in NC

Price history

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

The typical home in 27517 is worth $677,691 — 62.1% above the Durham-Chapel Hill, NC median. Over the past year, values have risen 0.9%. Homes here rent for a typical $1,692 a month — a 3.0% 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
$1,692[2]
Gross yield
3.0%[2]
Cap rate
1.8%[2]

#Property tax

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

Effective tax rate
0.8%[3]
Typical annual tax
$5,535[3]

#Climate risk

FEMA National Risk Index ratings for Chatham 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 Low
Hurricane
Relatively Moderate
Tornado
Relatively Moderate
Earthquake
Relatively Low
Winter weather
Relatively Low

#Who lives here

Population
29,564[3]
Median household income
$128,683[3]

#Migration

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

Net migration
+672[5]
Moved in
2,963
Moved out
2,291

Schools

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

Public schools
4
Elementary
4
Middle
0
High
0
  • North Chatham Elementary

    Elementary · Grades PK–5 · Chatham County Schools

    623 students

  • Rashkis Elementary

    Elementary · Grades PK–5 · Chapel Hill-Carrboro City Schools

    433 students

  • Glenwood Elementary

    Elementary · Grades K–5 · Chapel Hill-Carrboro City Schools

    408 students

  • Ephesus Elementary

    Elementary · Grades PK–5 · Chapel Hill-Carrboro City Schools

    389 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.

Gross yield3.0%
Net yield (after ~40% expenses)1.8%
Annual rent$20,305

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.

Monthly payment$3,427
Loan principal$542,153
Down payment$135,538
Total interest paid$691,487

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.

Own : rent ratio2.63
Monthly cost to own$4,455
Monthly rent$1,692

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
93rd percentile[1]
Rental yield
0th percentile[2]
Property tax
82nd percentile[3]

Frequently asked

How much is a home worth in ZIP code 27517?
The typical home in 27517 is worth $677,691, based on the Zillow Home Value Index.
Are home values rising in 27517?
Home values in 27517 are up 0.9% over the past year, and up 7.3% a year over five years.
What is the typical rent in 27517?
A typical home in 27517 rents for about $1,692 a month, a gross rental yield of 3.0%.
What is the property tax rate in 27517?
The effective property tax rate in 27517 is 0.8% — roughly $5,535 a year on a typical home.
Who lives in 27517?
ZIP code 27517 has a population of 29,564 and a median household income of $128,683.

#Comparable ZIPs

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

  • Apex, NC

    Typical home
    $687,752
    Gross yield
    4.0%
  • Chapel Hill, NC

    Typical home
    $646,540
    Gross yield
    3.1%
  • Apex, NC

    Typical home
    $741,238
    Gross yield
    3.2%
  • Chapel Hill, NC

    Typical home
    $608,272
    Gross yield
    4.3%
  • Pittsboro, NC

    Typical home
    $562,182
    Gross yield
    3.7%
  • NC

    Typical home
    $506,580
    Gross yield

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