27514 — Chapel Hill, NC Home Values
Typical home value $656,675 as of June 2026 · 2nd of 32 in Durham-Chapel Hill, NC
Blue: typical home value (Zillow ZHVI) in ZIP code 27514, June 2021 to June 2026. This page shows observed data only; no forecast.
How 27514 compares in the Durham-Chapel Hill, NC area
ZIP code 27514 (Chapel Hill, NC) has a typical home value of $656,675 as of June 2026, ranking 2nd of 32 ZIP codes tracked in the Durham-Chapel Hill, NC area, more expensive than about 97% of ZIP codes in the metro. Prices here have moved -0.8% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +35.6%, from $484,124 in June 2021 to $656,675 in June 2026. Against observed rent, the typical home here sells for 33.2× the annual rent ($1,647/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 27514 has a population of 32,612, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 63.5% White, 15.7% Asian, 8.9% Black or African American, 6.7% Hispanic or Latino, 4.5% two or more races, 0.7% another race, and 0.1% American Indian or Alaska Native.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| East Chapel Hill High | 500 Weaver Dairy Rd, Chapel Hill, NC | 1.3 mi |
| Chapel Hill High | 9217 Seawell School Rd, Chapel Hill, NC | 2.1 mi |
| Phillips Middle | 606 N Estes Dr, Chapel Hill, NC | 2.1 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 27514?
$656,675 as of June 2026, the latest month Zillow has published observed data for.
Is 27514 an expensive ZIP code in the Durham-Chapel Hill, NC area?
27514 ranks 2nd of 32 ZIP codes in the Durham-Chapel Hill, NC area by typical home value, more expensive than about 97% of ZIP codes in the metro.
How much have home values in 27514 changed over the past year?
-0.8% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 27514?
The typical home price is 33.2× the observed annual rent in this ZIP code ($1,647/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 27514?
32,612, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 27514?
East Chapel Hill High (1.3 mi), Chapel Hill High (2.1 mi), Phillips Middle (2.1 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 27514?
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.