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Area data

Chapel hill, NC — ZIP 27516

Population: 47,358 (Census ACS)

The median home value in ZIP 27516 (Chapel hill, NC) is $608,218 — down 1.7% over the past year. Homes sell for a median $725,000 after a median 27 days on market. Typical rent runs $2,197/month. 13 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with lightning, winterweather, hail the top-rated hazards. Cost of living is 7.5% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$608,218

Median home value

-1.7%

1-year change

27

Median days on market

Relatively Low

Hazard risk (county)

Home values & appreciation

Median home value
$608,218
1-year appreciation
-1.7%
3-year appreciation
+3.9%
5-year appreciation
+29.7%
10-year appreciation
+74.8%
All-time peak (2025-02)
$621,653
House Price Index (state)
438.2 (+1.0% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$725,000
Median list price
$682,500
Median price per sqft
$275
1-year sale-price change
+9.0%
Median days on market
27 days
Homes sold (recent period)
117
For-sale inventory
188
Sale-to-list ratio
99.0%
Active listings
129
1-year forecast
+0.2%
Days to pending
46 days
New listings (monthly)
61

Source: recent area sales and market data (ZIP-level)

Rents

Typical rent
$2,197/mo
1-year rent change
+3.5%
Studio fair-market rent
$908/mo
1BR fair-market rent
$1,135/mo
2BR fair-market rent
$1,308/mo
3BR fair-market rent
$1,700/mo
4BR fair-market rent
$1,962/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Below Average)
92.5 (100 = US avg)
Electricity rate (state-level)
14.0¢/kWh
Natural gas rate (state-level)
$16.40/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
13
Elementary schools
6
Middle schools
4
High schools
2
Charter schools
1
School districts serving the area
Woods Charter School, Chapel Hill-Carrboro City Schools, Chatham County Schools
Schools include
Woods Charter, Chapel Hill High, Seawell Elementary, FPG Elementary, Culbreth Middle

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Low
Top hazards (county)
lightning, winterWeather, hail, heatWave, hurricane
Notable hazard ratings (county)
coldWave: Relatively Low · drought: Relatively Low · earthquake: Relatively Low · hail: Relatively Moderate · heatWave: Relatively Moderate · hurricane: Relatively Moderate
FEMA flood zone
X
Flood risk level
Minimal
Wildfire risk to homes (county)
Higher than 29% of US counties
Buildings in wildfire direct-exposure zone
82.9%
Radon potential (county)
Low radon potential — EPA Zone 3 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Koppers Co., Inc. (Morrisville Plant) (18.1 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
63.0°F
Average high
72.0°F
Average low
53.0°F
Annual precipitation
42.6 in
Annual snowfall
1.4 in
USDA plant hardiness zone
8a (extreme annual low 10 to 15°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Walkability & transit

Walkability index
5.8 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
21,063
Jobs reachable by transit (45 min)
17,110

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
1
Nearest national park
Guilford Courthouse National Military Park (42 mi)
Airports within 30 mi
30
Nearest airport
Womble Field (4 mi)
Nearest major airport
Raleigh-Durham International Airport (RDU) (21 mi)
Hospitals nearby (~15 mi)
8
Hospitals include
DUKE UNIVERSITY HOSPITAL, DURHAM VA MEDICAL CENTER, NORTH CAROLINA SPECIALTY HOSPITAL
Avg hospital rating (CMS)
4.5 / 5
Best hospital rating nearby (CMS)
5.0 / 5
Solar radiation rating
Fair (4.4 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
-107 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,996
Housing built before 1970
13.0%
Housing built 2000 or later
43.6%
Median annual property tax
$4,802
Mean commute to work
16 min
Households with broadband internet
88.5%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
41,188
Average weekly wage
$1,312
Top industries (by employment)
Health Care, Accommodation & Food, Professional Services
Annual residential building permits (county)
325

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 27516State medianUS median
Median home value$608,218$287,250$289,727
Median sale price$725,000$330,000$325,000
Median days on market27 days70 days51 days
Typical rent$2,197/mo$1,686/mo$1,808/mo
Median annual property tax$4,802$1,366$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in ZIP 27516?
$608,218.
What is the median sale price in ZIP 27516?
$725,000.
How long do homes take to sell in ZIP 27516?
Median days on market: 27 days.
What is typical rent in ZIP 27516?
Typical rent: $2,197/month.
What is the natural-hazard risk in ZIP 27516?
Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: lightning, winterWeather, hail, heatWave, hurricane.
Is ZIP 27516 in a flood zone?
Minimal (FEMA NFIP). FEMA flood zone X.
What is the wildfire risk in ZIP 27516?
Risk to homes is higher than 29% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 27516?
Low radon potential — EPA Zone 3 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 27516?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve ZIP 27516?
13 schools (6 elementary, 4 middle, 2 high) (NCES, 2022-23).
Is ZIP 27516 walkable?
Walkability index: 5.8/20 (EPA Smart Location Database).
What is the cost of living in ZIP 27516?
Regional Price Parity: 92.5 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents