Home Affordability in 27701
Durham, NC — Durham County
The median home price in ZIP code 27701 (Durham) is $345,000 with a median household income of $58,000. The price-to-income ratio is 5.9x.
Median Home Price
$345,000
Median Income
$58,000
Price-to-Income
5.9x
Est. Affordable Home
$226,000
Property Tax Rate
0.89%
Annual Property Tax
$3,071
Cost of Living
99
Metro Area
Durham MSA
Down Payment Scenarios for ZIP 27701
| Down Payment | Amount | Loan Amount | PMI |
|---|---|---|---|
| 3% | $10,350 | $334,650 | Yes |
| 5% | $17,250 | $327,750 | Yes |
| 10% | $34,500 | $310,500 | Yes |
| 20% | $69,000 | $276,000 | No |
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