The story of this market
The typical home in ZIP 27709 sells for about $213,000, or $226 per square foot.
Prices are down 6.2% from a year ago, which gives buyers more room to negotiate. Homes take about 28 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,745 a month.
ZIP 27709 — Durham
The 27709 housing market is experiencing a cooling phase, with median prices declining year-over-year as supply dynamics shift. While the area remains a critical employment hub, the broader Durham market is seeing increased days on market and a stabilization in sale-to-list ratios, reflecting a more balanced environment for buyers.
This ZIP is primarily suited for professionals and researchers working within Research Triangle Park who prioritize proximity to major employment anchors and regional transit corridors.
Median prices moved down 6.2% year over year.
Homes spend a median of 28 days on market with 4.2 months of supply — a fast-moving market.
35% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.5% · poverty 5.0% — 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 -6.2%/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 27709, Durham County NC
Not determinable for this specific ZIP code; regional crime data is typically reported at the city or county level.
Schools serving the Research Triangle Park area are part of the Durham Public Schools system, which maintains a diverse range of academic performance ratings.
The area is subject to standard North Carolina climate risks, including potential for heavy rainfall and localized flooding; insurance premiums are influenced by regional hazard exposure.
The ZIP is synonymous with Research Triangle Park, a major global hub for technology, life sciences, and research institutions, driving significant regional economic momentum.
Property taxes are assessed by Durham County based on the fair market value of real estate; the rate is determined by the county and city tax levies.
Located centrally within the Research Triangle, this ZIP offers immediate access to I-40 and NC-147, providing efficient transit to major employment hubs in Durham, Raleigh, and Chapel Hill.
The area features proximity to several greenways and corporate-campus parklands, with major shopping and dining districts accessible in nearby South Durham and Cary.
The rental market is heavily influenced by the transient professional and student population associated with the Research Triangle, maintaining steady demand and moderate vacancy pressure.
The economy is dominated by the life sciences, technology, and research sectors centered in Research Triangle Park, with major employers including global pharmaceutical and tech firms.
The area is served by major highway corridors including I-40 and I-540, facilitating regional connectivity across the Triangle metro area.
Ongoing infrastructure and commercial development projects are focused on densifying the Research Triangle Park core to support continued corporate growth.
Durham County Central Appraisal District conducts periodic revaluations to ensure property assessments align with current market values.
Parcels in this area are subject to Durham County property taxes and may fall within specific utility or service districts associated with the Research Triangle Park management.
Property insurance rates in the region are reflective of North Carolina's coastal-adjacent risk profile, with premiums varying based on specific property location and construction type.
North Carolina continues to experience positive net domestic migration, driven by the growth of the Research Triangle and Charlotte metro areas.
North Carolina is a non-judicial foreclosure state, allowing for a streamlined process under the power of sale clause in deeds of trust.
North Carolina requires sellers to provide a Residential Property and Owners' Association Disclosure Statement to buyers, covering the condition of the property.
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 Raleigh4.44.5 mi
- Dave & Buster's Cary410.1 mi
- Happy Feet Planet Apex4.712.3 mi
- Urban Air Trampoline and Adventure Park4.14.4 mi
- RushHour Karting4.54.4 mi
- Lenovo Center4.510.1 mi
- North Carolina Museum of Art4.810.8 mi
- North Carolina State Fair4.410.7 mi
- Atlantic Union Bank Convention Center4.615 mi
- Topgolf3.81.9 mi
- North Carolina Museum of Art4.810.8 mi
- Sarah P. Duke Gardens4.98.5 mi
- Downtown Cary Park4.88.8 mi
- Museum of Life and Science4.79.7 mi
- Frankie's of Raleigh4.44.5 mi
- North Carolina Museum of Natural Sciences4.814.8 mi
- North Carolina Museum of Art4.810.8 mi
- Museum of Life and Science4.79.7 mi
- Marbles Kids Museum4.815.1 mi
- Duke University Chapel4.98.7 mi
- North Carolina Museum of Art4.810.8 mi
- Sarah P. Duke Gardens4.98.5 mi
- Downtown Cary Park4.88.8 mi
- Lake Johnson Park4.712.3 mi
- JC Raulston Arboretum4.811.5 mi
- Topgolf3.81.9 mi
- Drive Shack4.79.4 mi
- Knights Play Golf Center4.312.7 mi
- Prestonwood Country Club4.76.8 mi
- Hillandale Golf Course4.310 mi
- Crabtree4.411 mi
- H Mart Cary4.67.1 mi
- The Streets at Southpoint4.54.3 mi
- Fenton4.69.8 mi
- Raleigh-Durham International Airport4.44.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A world-renowned research and technology park serving as the primary economic anchor for the region.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass. Contamination repair: median rent, median household income reproduced Durham County's own figure to the dollar and were cleared — a parent aggregate is not this ZIP's reading.