HousingHandbookReference data

U.S. ZIP Code · NC27523

Chatham County · Durham-Chapel Hill, NC

Typical home value

$741,238[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-2.4%
5-year / yr
+7.8%
10-year / yr
+6.2%

Relative price

vs U.S.
+160.9%
vs metro
+77.3%
vs state
+160.4%
ZIP 27523 location in NC
Location of ZIP 27523 in NC

Price history

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

The typical home in 27523 is worth $741,238 — 77.3% above the Durham-Chapel Hill, NC median. Over the past year, values have fallen 2.4%. Homes here rent for a typical $1,958 a month — a 3.2% gross rental yield. The effective property tax rate is 0.6%.

#Rent & investment

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

Monthly rent
$1,958[2]
Gross yield
3.2%[2]
Cap rate
1.9%[2]

#Property tax

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

Effective tax rate
0.6%[3]
Typical annual tax
$4,087[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
20,269[3]
Median household income
$135,625[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
3
Middle
1
High
0
  • Salem Middle

    Middle · Grades 6–8 · Wake County Schools

    1,042 students

  • White Oak Elementary

    Elementary · Grades PK–5 · Wake County Schools

    785 students

  • Salem Elementary

    Elementary · Grades PK–5 · Wake County Schools

    753 students

  • Laurel Park Elementary

    Elementary · Grades PK–5 · Wake County Schools

    695 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 yield3.2%
Net yield (after ~40% expenses)1.9%
Annual rent$23,498

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$3,748
Loan principal$592,990
Down payment$148,248
Total interest paid$756,326

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 ratio2.40
Monthly cost to own$4,706
Monthly rent$1,958

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
96th percentile[1]
Rental yield
14th percentile[2]
Property tax
7th percentile[3]

Frequently asked

How much is a home worth in ZIP code 27523?
The typical home in 27523 is worth $741,238, based on the Zillow Home Value Index.
Are home values rising in 27523?
Home values in 27523 are down 2.4% over the past year, and up 7.8% a year over five years.
What is the typical rent in 27523?
A typical home in 27523 rents for about $1,958 a month, a gross rental yield of 3.2%.
What is the property tax rate in 27523?
The effective property tax rate in 27523 is 0.6% — roughly $4,087 a year on a typical home.
Who lives in 27523?
ZIP code 27523 has a population of 20,269 and a median household income of $135,625.

#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
    $677,691
    Gross yield
    3.0%
  • Chapel Hill, NC

    Typical home
    $646,540
    Gross yield
    3.1%
  • 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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