Home values, rents and more in ZIP code 27516 (UNC Carolina North, Chapel Hill, NC)
September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07
Open 27516 in ProMap- Under $310k
- $310k–$390k
- $390k–$440k
- $440k–$570k
- $570k+
- No data
How 27516 compares
The typical home in ZIP code 27516 (UNC Carolina North, Chapel Hill, NC) is worth about $599,000, according to the Zillow Home Value Index for September 2026. Home values in 27516 are 49% above the typical value in the Durham metro area ($402,000) and 1.6 times the U.S. typical value ($366,000).
Over the past year, home values in 27516 fell 1.2%, compared with −2.5% in the Durham metro area and +1.2% nationally.
Typical rent is $2,297 a month (Zillow Observed Rent Index), 40% above the Durham metro area ($1,640) and 19% above the U.S. ($1,932). Rents rose 4.4% over the past year.
The median household income is $106,353, against $83,500 in the Durham metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).
About 47,358 people live in 27516 (American Community Survey 2020–24).
27516 has the 4th-highest typical home value of the 28 ZIP codes in the Durham metro area and the 39th-highest of 719 in North Carolina with Zillow figures.
Part of: Chapel Hill, NC · Orange County, NC · Durham metro area · North Carolina
More for 27516 in ProMap Plus
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- 5- and 10-year price changes
- Days on market and months of supply
- Price cuts and sale-to-list ratio
- Price-to-income and monthly cost to buy
- Zillow 12-month price forecast
- Crime rates
- School test scores
- Homeowners insurance premiums
- Commute time to downtown
- Flood, wildfire and natural hazard risk
- Property-tax rate
- 2024 presidential vote
- Age, education and household make-up
- Amenities and transit nearby
Nearby ZIP codes
Sources
Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.
"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.