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Chapel Hill town, NC

ZIP 27517 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 27517

Median Home Value
$571,900
Median Rent
$1,365
Affordability Snapshot
$157,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,674/mo PITI).

13%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

4.6x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

34.9 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 27517 in Chapel Hill town, NC, a household would need roughly $157,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $3,674. That is about 26% above the local median household income ($124,821), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
67.4%+3% vs US avg
x
Vacancy Rate
5.5%-47% vs US avg
x
Broadband Access
94.1%+8% vs US avg
x
4+ Bedrooms
11.5%-23% vs US avg
x
Built Pre-1939
1.8%-86% vs US avg
x
Built Post-2014
2.9%-58% vs US avg
x
Rent Burden >30%
21.4%-57% vs US avg
x
Mortgage-Free
45.1%+18% vs US avg
x
$571,900
Home Value
$1,365
Rent
1998
Year Built
2017
Moved In

Residents have lived here since ~2017 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached57.6%
  • 1-unit attached11.3%
  • 2-9 units12.1%
  • 10+ units16.0%
  • Mobile home & other3.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$571,900
Median rent$1,365
Owner-occupied67.4%
Vacant5.5%
Price-to-income4.6x
Est. income to buy$157,000