The story of this market
The typical home in ZIP 27705 sells for about $410,000, or $235 per square foot.
Prices are down 1.16% from a year ago, which gives buyers more room to negotiate. Homes take about 19 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,539 a month.
ZIP 27705 — Durham (portion)
The 27705 housing market remains competitive, driven by consistent demand from the university and medical sectors. While inventory levels have seen a slight increase, homes continue to sell at a brisk pace, maintaining a stable median price point. Buyers should expect a balanced market where well-priced properties move quickly.
This ZIP is ideal for university-affiliated professionals, medical staff, and families seeking proximity to major employment centers. It also attracts investors looking for stable rental demand driven by the nearby academic and healthcare institutions.
Median prices moved down 1.2% year over year.
Homes spend a median of 19 days on market with 2.8 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 99% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.0% · poverty 16.6% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 27705, Durham County NC
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime trends in the Durham area are monitored by local law enforcement, with the city generally experiencing urban-level crime rates that vary significantly by neighborhood. Residents are encouraged to consult the Durham Police Department's public crime mapping tools for specific block-level data.
The area is served by Durham Public Schools, which offers a mix of traditional, magnet, and specialty schools. Performance ratings vary across the district, with several schools in the 27705 vicinity benefiting from proximity to university-affiliated educational resources.
The region is generally at low risk for major natural disasters, though localized flooding can occur in low-lying areas near creeks and the Eno River. Standard homeowners insurance is widely available, though premiums are influenced by regional weather patterns.
The area benefits from its proximity to Duke University and the Duke University Health System, which serve as primary economic anchors. Ongoing development is focused on infill projects and mixed-use expansions that support the growing research and medical workforce.
Property taxes are assessed by Durham County based on the fair market value of real estate, with rates set annually by the county and city governments. Special districts may apply for specific municipal services, and homeowners may qualify for state-level homestead exemptions.
Residents in 27705 enjoy convenient access to major employment hubs, including Duke University, the VA Hospital, and Downtown Durham. The area is well-connected by major thoroughfares like I-85 and US-15/501, facilitating relatively efficient commutes to the Research Triangle Park.
The ZIP code features extensive access to green spaces, including the Duke Forest and various city parks that offer trails and outdoor recreation. Shopping and dining are concentrated along the 15-501 corridor and near the university campus.
The rental market is highly active due to the significant student and medical professional population, leading to consistent demand and low vacancy rates. Investors maintain a strong presence, with rental growth tracking steadily alongside regional economic expansion.
The economy is heavily anchored by the education and healthcare sectors, primarily driven by Duke University and its associated medical systems. The area also benefits from its proximity to the broader Research Triangle Park's technology and life sciences industries.
The area is served by a network of major highways including I-85 and US-15/501, providing connectivity to the wider Triangle region. Public transit options are provided by GoDurham, offering bus service throughout the city and connections to regional transit hubs.
Development is focused on high-density residential and mixed-use projects that cater to the university population and medical workforce. City planning emphasizes transit-oriented development along major corridors.
Parcels are subject to Durham County and City of Durham tax jurisdictions, with additional levies for public school funding and municipal services.
Property insurance remains stable, though homeowners in specific flood-prone zones near the Eno River may require specialized coverage.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Frankie's of Raleigh4.413 mi
- Urban Air Trampoline and Adventure Park4.115.8 mi
- RushHour Karting4.515.8 mi
- Phillips Farms of Cary4.415 mi
- Big Air Trampoline Park, Raleigh4.618.6 mi
- Topgolf3.813.1 mi
- Durham Performing Arts Center4.85.2 mi
- Frankie's of Raleigh4.413 mi
- Angus Barn4.615.2 mi
- Durham Bulls Athletic Park4.85.1 mi
- Sarah P. Duke Gardens4.93.4 mi
- Museum of Life and Science4.74.8 mi
- AMC Southpoint 173.98.6 mi
- Frankie's of Raleigh4.413 mi
- The Carolina Theatre4.75 mi
- Museum of Life and Science4.74.8 mi
- Duke University Chapel4.93 mi
- Morehead Planetarium and Science Center4.58.5 mi
- American Tobacco Campus4.75.1 mi
- Nasher Museum of Art at Duke University4.63.6 mi
- Sarah P. Duke Gardens4.93.4 mi
- Eno River State Park4.83.9 mi
- North Carolina Botanical Garden4.79 mi
- Occoneechee Mountain State Natural Area4.77.7 mi
- C. M. Herndon Park4.610.6 mi
- Crosswinds Boating Center4.519.5 mi
- Rollingview Marina Inc4.315.4 mi
- Hillandale Golf Course4.32.8 mi
- Falls Village Golf Club3.412.1 mi
- Finley Golf Club4.19.1 mi
- Chapel Hill Country Club4.77.4 mi
- Governors Club4.812.8 mi
- The Streets at Southpoint4.58.7 mi
- Harris Teeter4.43.6 mi
- Publix Super Market at the Marketplace at Ellis Crossing4.49.4 mi
- T.J. Maxx4.24.4 mi
- Boxyard RTP4.610.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Extensive forested area used for research and recreation.
Major cultural and educational anchor for the region.
Renowned public garden located on the university campus.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.