ZIP Code 27517 — Chapel Hill, NC Home Prices (2026)

The typical home in ZIP 27517 (Chapel Hill, North Carolina) is worth about $680,000 at roughly $276 per square foot — 4% more expensive than the Chapel Hill median and 131% more expensive than the typical U.S. home.

$680,000
Typical home value
$276
Price per sq ft
#1 of 3
Chapel Hill ZIPs by value
+4%
vs Chapel Hill median

How 27517 compares

ZIP 27517 is one of the pricier ZIP codes in Chapel Hill: its typical home value of $680,000 ranks #1 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 $276, against $281 for Chapel Hill as a whole, $202 for North Carolina, and $195 nationally.

AreaTypical value$ / sq ft
ZIP 27517$680,000$276
Chapel Hill, NC$651,000$281
North Carolina$290,000$202
United States$294,000$195

Home value by size in 27517

Using this ZIP’s rate of about $276 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.

Home sizeEstimated value
1,000 sq ft$276,000
1,500 sq ft$414,000
2,000 sq ft$552,000
2,500 sq ft$690,000
3,000 sq ft$828,000

Salary needed to buy a home in ZIP 27517

To buy the typical $680,000 home in ZIP 27517 with 20% down, you need a household income of roughly $185,000 a year (about $4,320 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $220,000, because the loan is bigger and mortgage insurance kicks in.

Down paymentCash downMonthly paymentIncome needed
5% (+PMI)$34,000$5,370/mo$230,000/yr
10% (+PMI)$68,000$5,130/mo$220,000/yr
20%$136,000$4,320/mo$185,000/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 27517

At about $276 per square foot, here is roughly how much home different budgets get you in ZIP 27517:

BudgetApprox. sizeWhat that looks like locally
$400k1450 sq ftbelow the local median — condos, smaller or older homes
$500k1810 sq ftbelow the local median — condos, smaller or older homes
$600k2170 sq ftaround the typical home here
$750k2720 sq ftaround the typical home here
$1.00M3620 sq ftabove the median — larger homes or the pricier ZIPs

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 27517 home.

Estimate a specific home in 27517

The estimator below is pre-set to ZIP 27517 — 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 27517 sits among Chapel Hill’s 3 ZIP codes:

#ZIP codeTypical value$ / sq ft
127517 (this page)$680,000$276
227514$651,000$281
327516$608,000$297

ZIP 27517 home prices: frequently asked

What is the average home price in ZIP code 27517? +
The typical home in ZIP 27517 (Chapel Hill, NC) is worth about $680,000 as of 2026. That is 4% more expensive than the Chapel Hill median of $651,000 and 131% more expensive than the U.S. median of $294,000.
What is the price per square foot in 27517? +
About $276 per square foot in 27517, versus $281 across Chapel Hill and $202 across North Carolina. At that rate a 1,500 sq ft home runs roughly $414,000 and a 2,500 sq ft home about $690,000.
What salary do you need to buy a house in ZIP 27517? +
For the typical $680,000 home in ZIP 27517, a household income of about $185,000 a year covers the payment with 20% down (a 30-year fixed at 6.5%, plus taxes and insurance, under the 28% rule). With 10% down you need roughly $220,000; with 5% down about $230,000.
Is 27517 an expensive ZIP code? +
Within Chapel Hill, 27517 ranks #1 of 3 ZIP codes by typical home value, which makes it one of the pricier ZIP codes in Chapel Hill. Nationally it is relatively expensive.

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.