27517 — Chapel Hill, NC Home Values
Typical home value $684,698 as of June 2026 · 1st of 32 in Durham-Chapel Hill, NC
Blue: typical home value (Zillow ZHVI) in ZIP code 27517, June 2021 to June 2026. This page shows observed data only; no forecast.
How 27517 compares in the Durham-Chapel Hill, NC area
ZIP code 27517 (Chapel Hill, NC) has a typical home value of $684,698 as of June 2026, ranking 1st of 32 ZIP codes tracked in the Durham-Chapel Hill, NC area, the most expensive ZIP code in the metro. Prices here have moved +0.2% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +36.7%, from $500,791 in June 2021 to $684,698 in June 2026. Against observed rent, the typical home here sells for 33.6× the annual rent ($1,700/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Durham-Chapel Hill, NC forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Durham.
Population and demographics
ZIP code 27517 has a population of 28,676, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 70.1% White, 9.8% Hispanic or Latino, 8.4% Black or African American, 5.7% Asian, 5.2% two or more races, 0.6% another race, and 0.1% American Indian or Alaska Native.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| North Chatham Elementary | 3380 Lystra Road, Chapel Hill, NC | 1.5 mi |
| Scroggs Elementary | 501 Kildaire Rd, Chapel Hill, NC | 3.2 mi |
| Culbreth Middle | 225 Culbreth Rd, Chapel Hill, NC | 3.8 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 27517?
$684,698 as of June 2026, the latest month Zillow has published observed data for.
Is 27517 an expensive ZIP code in the Durham-Chapel Hill, NC area?
27517 ranks 1st of 32 ZIP codes in the Durham-Chapel Hill, NC area by typical home value, the most expensive ZIP code in the metro.
How much have home values in 27517 changed over the past year?
+0.2% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 27517?
The typical home price is 33.6× the observed annual rent in this ZIP code ($1,700/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 27517?
28,676, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 27517?
North Chatham Elementary (1.5 mi), Scroggs Elementary (3.2 mi), Culbreth Middle (3.8 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 27517?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Durham-Chapel Hill, NC forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.