Carrboro, NC housing market
Typical home value
$413K
▼ 3.5% 1 yr
Typical rent
$1,564/mo
▲ 2.8% 1 yr
Gross rent yield
4.5%
U.S. 6.3%
5-year home value change
+24%
U.S. +20%
Key takeaways
- 1The typical home in Carrboro is worth $412,896, down 3.5% over the past year and up 24% over five years.
- 2Typical rent is $1,564 a month (+2.8% YoY), a gross rent yield of 4.5% (below the Durham, NC metro's 4.9%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $2,269/mo, $705 more than typical rent.
- 4Zillow forecasts the Durham, NC metro's home values to change −0.4% over the next 12 months.
Market temperature (Durham, NC metro)
Strong buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 27/100, #479 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Carrboro compares
| Measure | Carrboro | Durham, NC metro | United States |
|---|---|---|---|
| Typical home value | $412,896 | $401,581 | $366,157 |
| Home value, 1-yr change | −3.5% | −2.5% | +1.2% |
| Typical rent | $1,564 | $1,640 | $1,932 |
| Rent, 1-yr change | +2.8% | +2.6% | +2.7% |
| Gross rent yield | 4.5% | 4.9% | 6.3% |
| Price-to-rent ratio | 22.0 | 20.4 | 15.8 |
| Mortgage P&I, typical home | $2,269 | $2,207 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Carrboro rental, pre-filled.
Rent vs buy in Carrboro
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $413K home.
Landlord in North Carolina? See North Carolina deposit, late fee and notice rules.
Other cities in the Durham, NC metro
Durham, NC
$385K home$1,626 rent
▼ 3.7% 1 yr
Chapel Hill, NC
$622K home$1,723 rent
▼ 0.7% 1 yr
Hillsborough, NC
$461K home$1,509 rent
▼ 2.9% 1 yr
Pittsboro, NC
$550K home$1,872 rent
▲ 0.4% 1 yr
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.