How much is a home worth in ZIP code 27701?

The typical home in 27701 is worth $429,906, based on the Zillow Home Value Index.

Are home values rising in 27701?

Home values in 27701 are up 0.3% over the past year, and up 3.7% a year over five years.

What is the typical rent in 27701?

A typical home in 27701 rents for about $1,760 a month, a gross rental yield of 4.9%.

What is the property tax rate in 27701?

The effective property tax rate in 27701 is 0.9% — roughly $3,715 a year on a typical home.

ZIP code 27701 has a population of 24,793 and a median household income of $69,740.

HousingHandbookReference data

…

U.S. ZIP Code · NC27701

Durham County · Durham-Chapel Hill, NC

Typical home value

$429,906^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +0.3%
5-year / yr: +3.7%
10-year / yr: +7.9%

Relative price

vs U.S.: +51.3%
vs metro: +2.8%
vs state: +51.0%

Price history

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

The typical home in 27701 is worth $429,906 — 2.8% above the Durham-Chapel Hill, NC median. Over the past year, values have risen 0.3%. Homes here rent for a typical $1,760 a month — a 4.9% gross rental yield. The effective property tax rate is 0.9%.

#Rent & investment

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

Monthly rent: $1,760^[2]
Gross yield: 4.9%^[2]
Cap rate: 2.9%^[2]

#Property tax

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

Effective tax rate: 0.9%^[3]
Typical annual tax: $3,715^[3]

#Climate risk

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

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

#Who lives here

Population: 24,793^[3]
Median household income: $69,740^[3]

#Migration

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

Net migration: +459^[5]
Moved in: 15,392
Moved out: 14,933

Schools

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

Public schools: 8
Elementary: 6
Middle: 0
High: 1

Durham School of the Arts
High · Grades 6–12 · Durham Public Schools
1,767 students
Durham Charter School
Other · Grades K–10 · Durham Charter School
777 students
Central Park School For Children
Elementary · Grades K–8 · Central Park School For Children
609 students
Eastway Elementary
Elementary · Grades PK–5 · Durham Public Schools
393 students
KIPP Durham College Preparatory
Elementary · Grades K–8 · KIPP Durham College Preparatory
365 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 yield4.9%

Net yield (after ~40% expenses)2.9%

Annual rent$21,123

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$2,174

Loan principal$343,924

Down payment$85,981

Total interest paid$438,657

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 ratio1.61

Monthly cost to own$2,840

Monthly rent$1,760

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: 0th percentile^[1]
Rental yield: 79th percentile^[2]
Property tax: 86th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 27701?: The typical home in 27701 is worth $429,906, based on the Zillow Home Value Index.
Are home values rising in 27701?: Home values in 27701 are up 0.3% over the past year, and up 3.7% a year over five years.
What is the typical rent in 27701?: A typical home in 27701 rents for about $1,760 a month, a gross rental yield of 4.9%.
What is the property tax rate in 27701?: The effective property tax rate in 27701 is 0.9% — roughly $3,715 a year on a typical home.
Who lives in 27701?: ZIP code 27701 has a population of 24,793 and a median household income of $69,740.

#Comparable ZIPs

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

27712 vs 27701 →
Durham, NC
Typical home
$430,063
Gross yield
5.5%
27713 vs 27701 →
Durham, NC
Typical home
$426,635
Gross yield
4.5%
27510
Carrboro, NC
Typical home
$437,661
Gross yield
4.0%
27707
Durham, NC
Typical home
$418,069
Gross yield
4.3%
27231
NC
Typical home
$399,579
Gross yield
—
27243
Efland CDP, NC
Typical home
$398,548
Gross yield
—

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Pit ZIP 27701 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · NC27701

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