US5.com
  1. Home
  2. States
  3. North Carolina
  4. ZIP 27707
  5. Housing & Real Estate
Durham city, NC

ZIP 27707 — Housing & Real Estate

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

Middle ClassLarge CommunityLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 27707

Median Home Value
$371,500
Median Rent
$1,212
Affordability Snapshot
$102,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,386/mo PITI).

20%
Rent-to-Income Ratio

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

5.1x
Home Price-to-Income Ratio

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

25.5 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 27707 in Durham city, NC, a household would need roughly $102,000 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 $2,386. That is about 41% above the local median household income ($72,432), 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
47.2%-28% vs US avg
x
Vacancy Rate
8.6%-17% vs US avg
x
Broadband Access
92.0%+6% vs US avg
x
4+ Bedrooms
4.3%-71% vs US avg
x
Built Pre-1939
4.0%-69% vs US avg
x
Built Post-2014
2.1%-69% vs US avg
x
Rent Burden >30%
19.5%-61% vs US avg
x
Mortgage-Free
30.8%-19% vs US avg
x
$371,500
Home Value
$1,212
Rent
1985
Year Built
2016
Moved In

Residents have lived here since ~2016 on average

Housing Structure

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

  • 1-unit detached49.0%
  • 1-unit attached7.4%
  • 2-9 units18.2%
  • 10+ units24.6%
  • Mobile home & other0.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$371,500
Median rent$1,212
Owner-occupied47.2%
Vacant8.6%
Price-to-income5.1x
Est. income to buy$102,000