Durham, NC Housing Market
The Durham housing market is very competitive. Homes in Durham receive 2 offers on average and sell in around 16 days. The median sale price of a home in Durham was $425K last month, up 7.7% since last year. The median sale price per square foot in Durham is $230, up 3.8% since last year.
Durham Housing Market Trends
In March 2024, Durham home prices were up 7.7% compared to last year, selling for a median price of $425K. On average, homes in Durham sell after 16 days on the market compared to 41 days last year. There were 285 homes sold in March this year, down from 330 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Durham housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for around list price and go pending in around 14 days.
- Hot homescan sell for about 3% above list price and go pending in around 4 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for around list price and go pending in around 18 days.
- Hot homescan sell for about 1% above list price and go pending in around 5 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% above list price and go pending in around 6 days.
- Hot homescan sell for about 5% above list price and go pending in around 3 days.
Durham Migration & Relocation Trends
- Across the nation, 0.90% of homebuyers searched to move into Durham from outside metros.
- New York homebuyers searched to move into Durham more than any other metro followed by Washington and San Francisco.
- 74% of Durham homebuyers searched to stay within the Durham metropolitan area.
- Myrtle Beach was the most popular destination among Durham homebuyers followed by Greensboro and Asheville.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 780 | ||
2 | 754 | ||
3 | 580 | ||
4 | 571 | ||
5 | 361 | ||
6 | 322 | ||
7 | 256 | ||
8 | 220 | ||
9 | 142 | ||
10 | 136 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 331 | ||
2 | 280 | ||
3 | 227 | ||
4 | 198 | ||
5 | 197 | ||
6 | 143 | ||
7 | 87 | ||
8 | 48 | ||
9 | 45 | ||
10 | 41 |
Home offer insights for Durham
Recent offers
- Offer Not Accepted|6 Weeks Ago~$100K OfferSold for $200K3 bd | 1 ba | ~1,250 sqftUnder List Price59%Days on Market80Competing Offers—Down Payment~20%
- Offer Not Accepted|8 Weeks Ago~$550K OfferSold for $600K3 bd | 2 ba | ~2,000 sqftOver List Price2%Days on Market2Competing Offers10Down Payment~20%
View houses in Durham that sold recently
Recently sold homes
- $560,000 Last Sold Price4 beds3 baths2,808 sq ft512 Crafton St, Durham, NC 27703List Price$545,000Sale to List3% over listDays on Market50 days512 Crafton St, Durham, NC 27703
- $3,700,000 Last Sold Price6 beds5.5 baths6,681 sq ft4003 Bristol Rd, Durham, NC 27707List Price$3,999,000Sale to List7% under listDays on Market212 days4003 Bristol Rd, Durham, NC 27707
- $510,000 Last Sold Price4 beds3.5 baths2,260 sq ft1417 Southpoint Trl, Durham, NC 27713List Price$490,000Sale to List4% over listDays on Market84 days1417 Southpoint Trl, Durham, NC 27713
- $418,000 Last Sold Price3 beds2.5 baths1,622 sq ft607 Colby Pl, Durham, NC 27713List Price$425,000Sale to List2% under listDays on Market69 days607 Colby Pl, Durham, NC 27713
- $442,000 Last Sold Price3 beds2 baths1,460 sq ft8 Tavern Pl, Durham, NC 27707List Price$449,000Sale to List2% under listDays on Market43 days8 Tavern Pl, Durham, NC 27707
- $469,000 Last Sold Price3 beds2.5 baths2,256 sq ft1920 Woodsdale Dr, Durham, NC 27703List Price$450,000Sale to List4% over listDays on Market28 days1920 Woodsdale Dr, Durham, NC 27703
- $420,000 Last Sold Price3 beds2.5 baths2,102 sq ft302 Canvasback Dr, Durham, NC 27704List Price$418,000Sale to List0% over listDays on Market61 days302 Canvasback Dr, Durham, NC 27704
- $316,000 Last Sold Price3 beds2.5 baths1,684 sq ft19 Bloomsbury Ct, Chapel Hill, NC 27517List Price$322,000Sale to List2% under listDays on Market37 days19 Bloomsbury Ct, Chapel Hill, NC 27517
See all recently sold homes in Durham.
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Schools in Durham
- Elementary
- Middle
- High
GreatSchools Rating
10/10 Pearsontown Elementary Public • PreK-5 | 816 Students | 24 reviews |
8/10 Easley Elementary Public • K-5 | 503 Students | 15 reviews |
7/10 George Watts Elementary Public • PreK-5 • Choice school | 392 Students | 4 reviews |
7/10 Southwest Elementary Public • PreK-5 | 614 Students | 40 reviews |
7/10 R N Harris Elementary Public • PreK-5 • Choice school | 343 Students | 4 reviews |
Climate's impact on Durham housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Durham.
Flood Factor - Moderate
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Major
Wind Factor
Wind likelihood over time
Heat Factor - Major
Heat Factor
Transportation in Durham
Walk Score®
Transit Score®
Bike Score®
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