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 $231, up 4.1% 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 17 days.
- Hot homescan sell for about 2% 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% below list price and go pending in around 19 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, 0.89% 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 | Jan '24 - Mar '24 | ||
1 | 725 | ||
2 | 705 | ||
3 | 587 | ||
4 | 569 | ||
5 | 342 | ||
6 | 319 | ||
7 | 248 | ||
8 | 220 | ||
9 | 159 | ||
10 | 143 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 357 | ||
2 | 323 | ||
3 | 253 | ||
4 | 187 | ||
5 | 185 | ||
6 | 136 | ||
7 | 95 | ||
8 | 75 | ||
9 | 45 | ||
10 | 41 |
Home offer insights for Durham
Recent offers
- Offer Not Accepted|5 Weeks Ago~$100K OfferSold for $200K3 bd | 1 ba | ~1,250 sqftUnder List Price59%Days on Market80Competing Offers—Down Payment~20%
- Offer Not Accepted|6 Weeks Ago~$550K OfferSold for $600K3 bd | 2 ba | ~2,000 sqftOver List Price2%Days on Market2Competing Offers10Down Payment~20%
- Offer Not Accepted|11 Weeks Ago~$350K OfferSold for $350K4 bd | 2.5 ba | ~2,250 sqftUnder List Price3%Days on Market77Competing Offers0Down Payment—
View houses in Durham that sold recently
Recently sold homes
- $320,000 Last Sold Price3 beds2 baths1,520 sq ft155 Barclay Rd, Durham, NC 27712List Price$320,000Sale to List0% over listDays on Market47 days155 Barclay Rd, Durham, NC 27712
- $400,414 Last Sold Price3 beds2.5 baths1,599 sq ft1 Lake Hill Dr, Durham, NC 27713List Price$369,900Sale to List8% over listDays on Market41 days1 Lake Hill Dr, Durham, NC 27713
- $264,000 Last Sold Price2 beds2 baths1,080 sq ft804 Eva St, Durham, NC 27701List Price$269,900Sale to List2% under listDays on Market104 days804 Eva St, Durham, NC 27701
- $490,000 Last Sold Price3 beds2 baths1,936 sq ft5512 Redwood Rd, Durham, NC 27704List Price$565,000Sale to List13% under listDays on Market68 days5512 Redwood Rd, Durham, NC 27704
- $363,000 Last Sold Price3 beds2.5 baths1,674 sq ft1204 Metropolitan Dr, Durham, NC 27713List Price$357,500Sale to List2% over listDays on Market36 days1204 Metropolitan Dr, Durham, NC 27713
- $433,000 Last Sold Price3 beds2.5 baths1,866 sq ft2117 Cedar Grove Dr, Durham, NC 27703List Price$419,000Sale to List3% over listDays on Market20 days2117 Cedar Grove Dr, Durham, NC 27703
- $451,000 Last Sold Price3 beds2.5 baths1,748 sq ft4 Indian Head Ct, Durham, NC 27703List Price$425,000Sale to List6% over listDays on Market29 days4 Indian Head Ct, Durham, NC 27703
- $215,000 Last Sold Price2 beds1 bath1,038 sq ft2626 Harvard Ave, Durham, NC 27703List Price$235,000Sale to List9% under listDays on Market43 days2626 Harvard Ave, Durham, NC 27703
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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