ZIP Code 27514 — Chapel Hill, NC Home Prices (2026)
The typical home in ZIP 27514 (Chapel Hill, North Carolina) is worth about $651,000 at roughly $281 per square foot — about the same as the Chapel Hill median and 121% more expensive than the typical U.S. home.
How 27514 compares
ZIP 27514 is a mid-priced ZIP code for Chapel Hill: its typical home value of $651,000 ranks #2 of the 3 Chapel Hill ZIP codes we track (the citywide range runs from $608,000 in 27516 to $680,000 in 27517). Per square foot it costs about $281, against $281 for Chapel Hill as a whole, $202 for North Carolina, and $195 nationally.
| Area | Typical value | $ / sq ft |
|---|---|---|
| ZIP 27514 | $651,000 | $281 |
| Chapel Hill, NC | $651,000 | $281 |
| North Carolina | $290,000 | $202 |
| United States | $294,000 | $195 |
Home value by size in 27514
Using this ZIP’s rate of about $281 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $281,000 |
| 1,500 sq ft | $421,500 |
| 2,000 sq ft | $562,000 |
| 2,500 sq ft | $702,500 |
| 3,000 sq ft | $843,000 |
Salary needed to buy a home in ZIP 27514
To buy the typical $651,000 home in ZIP 27514 with 20% down, you need a household income of roughly $177,000 a year (about $4,130 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $210,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $32,600 | $5,140/mo | $220,000/yr |
| 10% (+PMI) | $65,100 | $4,910/mo | $210,000/yr |
| 20% | $130,200 | $4,130/mo | $177,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in ZIP 27514
At about $281 per square foot, here is roughly how much home different budgets get you in ZIP 27514:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $300k | 1070 sq ft | below the local median — condos, smaller or older homes |
| $400k | 1420 sq ft | below the local median — condos, smaller or older homes |
| $500k | 1780 sq ft | below the local median — condos, smaller or older homes |
| $600k | 2140 sq ft | around the typical home here |
| $750k | 2670 sq ft | around the typical home here |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 27514 home.
Estimate a specific home in 27514
The estimator below is pre-set to ZIP 27514 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.
All Chapel Hill ZIP codes by home value
Where 27514 sits among Chapel Hill’s 3 ZIP codes:
ZIP 27514 home prices: frequently asked
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See the full Chapel Hill home values page, all North Carolina cities, or price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.