Durham - NC housing market
The Durham metro has a typical home value of $411,727, down 1.7% from a year ago. Homes are moving fast at 17 days on market - a strong seller's market. 26% of listings have had a price cut. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($411,727) is the Zillow Home Value Index for the Durham - NC metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.
Prices are down 1.7% over the past year. A home worth $418,847 last year is now worth roughly $411,727.
The median sale price , what homes actually close for , is $408,352. Homes are selling at 97.9% of list price, meaning buyers have room to negotiate.
Homes listed in Durham - NC sit on the market for roughly 17 days before going pending. Shorter = seller's market; longer = buyer's market.
About 26.1% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 836 new listings hit the market each month in Durham - NC. There are currently 2,124 homes for sale, up 18.9% from a year ago.
The typical monthly rent in Durham - NC is $1,707, up 0.6% year over year. For investors, the price-to-rent ratio here is roughly 20x annual rent.
What's not on this page
This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.
Other metros in NC
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Charlotte - NC | $388,846 | -0.5% | 23.0d |
| Raleigh - NC | $438,344 | -2.3% | 20.0d |
| Greensboro - NC | $264,302 | +1.2% | 21.0d |
| Winston - NC | $281,131 | +2.8% | 19.0d |
| Fayetteville - NC | $257,381 | +0.6% | 24.0d |
| Asheville - NC | $425,516 | -3.8% | 58.0d |