27709, Durham, NC

The 27709 zip code of Durham, North Carolina is home to a population of around 146,000 people. The median household income in this zip code is $60,000, and the median home value is $213,500. In terms of home equity, the majority of homeowners in this zip code have between $100,000 and $250,000 in equity in their homes. This means that most homeowners in this zip code are able to use their home equity to cover some or all of their monthly expenses.

There are a number of factors that contribute to the high home values in the 27709 zip code of Durham. First and foremost, Durham is one of the most affluent cities in North Carolina. Second, there is a high demand for housing stock in this area due to its excellent schools and amenities. Finally, there has been a steady increase in home prices over the past several years due to strong economic growth rates and limited supply options.