The story of this market
The typical home in ZIP 27703 sells for about $386,352, or $253 per square foot.
Prices are down 2.7% from a year ago, which gives buyers more room to negotiate. Homes take about 75 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,584 a month.
ZIP 27703 — Durham
The 27703 housing market is currently balanced, with home prices showing slight year-over-year declines while inventory remains stable. Demand is supported by the area's proximity to Research Triangle Park, though rising days on market suggest a cooling trend compared to previous years.
This ZIP is well-suited for commuters and families seeking proximity to Research Triangle Park and major highway corridors.
Median prices moved down 2.7% year over year.
Homes spend a median of 75 days on market with 6.5 months of supply — a balanced-paced market.
25% of listings have cut prices · homes sell at 98.4% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 9.9% — 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 7.9%/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 7.2%/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 27703, 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.
The area benefits from proximity to Research Triangle Park, driving demand for housing and infrastructure development.
Property taxes are assessed by Durham County and the City of Durham, with rates applied to the assessed value of real property.
Residents have convenient access to I-40 and I-85, facilitating commutes to major employment hubs in Durham and Research Triangle Park.
The area features access to local parks, greenways, and proximity to shopping centers and dining options in the eastern Durham corridor.
The rental market is characterized by steady demand driven by the proximity to major employment centers, with moderate vacancy pressure.
The economy is heavily influenced by the proximity to Research Triangle Park, with a strong focus on technology, life sciences, and education.
The area is served by major highway corridors including I-40 and I-85, providing connectivity to the broader Triangle region.
Significant residential and mixed-use development is ongoing to accommodate population growth in the eastern Durham area.
Durham County performs periodic property revaluations to ensure assessments reflect current market conditions.
Parcels are subject to Durham County and City of Durham tax jurisdictions, with additional school district levies.
Property insurance premiums are influenced by regional hazard profiles, including storm and wind exposure.
Data retrieved from US Census Bureau 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 Raleigh4.43.3 mi
- Dave & Buster's Cary413.6 mi
- Happy Feet Planet Apex4.717.6 mi
- Urban Air Trampoline and Adventure Park4.18.6 mi
- RushHour Karting4.58.6 mi
- Lenovo Center4.512.1 mi
- North Carolina Museum of Art4.812.2 mi
- North Carolina State Fair4.412.7 mi
- Atlantic Union Bank Convention Center4.616.1 mi
- Topgolf3.86.2 mi
- North Carolina Museum of Art4.812.2 mi
- Sarah P. Duke Gardens4.97.5 mi
- Museum of Life and Science4.76.9 mi
- Downtown Cary Park4.812.6 mi
- Frankie's of Raleigh4.43.3 mi
- North Carolina Museum of Natural Sciences4.815.7 mi
- North Carolina Museum of Art4.812.2 mi
- Museum of Life and Science4.76.9 mi
- Marbles Kids Museum4.816 mi
- Duke University Chapel4.98 mi
- North Carolina Museum of Art4.812.2 mi
- Sarah P. Duke Gardens4.97.5 mi
- Downtown Cary Park4.812.6 mi
- William B. Umstead State Park4.86 mi
- Thomas Brooks Park4.712.8 mi
- Rollingview Marina Inc4.35.9 mi
- Topgolf3.86.2 mi
- Drive Shack4.711.9 mi
- Prestonwood Country Club4.711.9 mi
- Hillandale Golf Course4.38.4 mi
- Falls Village Golf Club3.41.8 mi
- Crabtree4.411.1 mi
- H Mart Cary4.612.5 mi
- The Streets at Southpoint4.58.8 mi
- Fresh International Market - Raleigh4.44.6 mi
- Harris Teeter4.47.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Major anchor for regional employment and economic activity.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.