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Durham city, NC

ZIP 27705 — Housing & Real Estate

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

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 27705

Median Home Value
$398,500
Median Rent
$1,255
Affordability Snapshot
$110,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,560/mo PITI).

21%
Rent-to-Income Ratio

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

5.6x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

26.5 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 27705 in Durham city, NC, a household would need roughly $110,000 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 $2,560. That is about 55% above the local median household income ($71,153), 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

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
44.6%-32% vs US avg
x
Vacancy Rate
9.6%-7% vs US avg
x
Broadband Access
92.8%+7% vs US avg
x
4+ Bedrooms
5.2%-65% vs US avg
x
Built Pre-1939
3.9%-70% vs US avg
x
Built Post-2014
1.3%-81% vs US avg
x
Rent Burden >30%
25.5%-49% vs US avg
x
Mortgage-Free
38.2%+0% vs US avg
x
$398,500
Home Value
$1,255
Rent
1986
Year Built
2018
Moved In

Residents have lived here since ~2018 on average

Housing Structure

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

  • 1-unit detached43.1%
  • 1-unit attached9.2%
  • 2-9 units15.9%
  • 10+ units29.8%
  • Mobile home & other2.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$398,500
Median rent$1,255
Owner-occupied44.6%
Vacant9.6%
Price-to-income5.6x
Est. income to buy$110,000