Durham, NC Housing Market
The Durham housing market is very competitive. Homes in Durham receive 2 offers on average and sell in around 13 days. The median sale price of a home in Durham was $425K last month, up 4.9% since last year. The median sale price per square foot in Durham is $240, up 3.0% since last year.
Durham Housing Market Trends
In April 2024, Durham home prices were up 4.9% compared to last year, selling for a median price of $425K. On average, homes in Durham sell after 13 days on the market compared to 38 days last year. There were 314 homes sold in April this year, up from 291 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 11 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 16 days.
- Hot homescan sell for about 2% 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 about 2% 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|4 Weeks Ago~$500K OfferSold for $500K3 bd | 2.5 ba | ~2,250 sqftOver List Price8%Days on Market3Competing Offers2Down Payment~20%
- Offer Not Accepted|10 Weeks Ago~$100K OfferSold for $200K3 bd | 1 ba | ~1,250 sqftUnder List Price59%Days on Market80Competing Offers—Down Payment~20%
- Offer Not Accepted|12 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
- $308,000 Last Sold Price2 beds3 baths1,673 sq ft3038 Courtney Creek Blvd, Durham, NC 27713List Price$310,000Sale to List1% under listDays on Market35 days3038 Courtney Creek Blvd, Durham, NC 27713
- $490,000 Last Sold Price3 beds2 baths2,005 sq ft5924 Williamsburg Way, Durham, NC 27713List Price$475,000Sale to List3% over listDays on Market29 days5924 Williamsburg Way, Durham, NC 27713
- $440,000 Last Sold Price1 bed1 bath876 sq ft130 Hunt St #106, Durham, NC 27701List Price$445,000Sale to List1% under listDays on Market67 days130 Hunt St #106, Durham, NC 27701
- $295,000 Last Sold Price3 beds2 baths1,221 sq ft5 Jonathan Cir, Durham, NC 27707List Price$292,700Sale to List1% over listDays on Market49 days5 Jonathan Cir, Durham, NC 27707
- $700,000 Last Sold Price4 beds2.5 baths2,919 sq ft1244 Magic Hollow Rd, Durham, NC 27713List Price$709,500Sale to List1% under listDays on Market49 days1244 Magic Hollow Rd, Durham, NC 27713
- $175,000 Last Sold Price1 bed1 bath744 sq ft7 Prestwick Pl, Durham, NC 27705List Price$189,000Sale to List7% under listDays on Market113 days7 Prestwick Pl, Durham, NC 27705
- $375,000 Last Sold Price3 beds2 baths1,620 sq ft2714 Ellen St, Durham, NC 27705List Price$375,000Sale to List0% over listDays on Market34 days2714 Ellen St, Durham, NC 27705
- $355,000 Last Sold Price3 beds2.5 baths1,633 sq ft5206 Malik Dr, Durham, NC 27703List Price$370,000Sale to List4% under listDays on Market56 days5206 Malik Dr, Durham, NC 27703
See all recently sold homes in Durham.
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Schools in Durham
- Elementary
- Middle
- High
GreatSchools Rating
9/10 R N Harris Elementary Public • PreK-5 | 298 Students | 4 reviews |
9/10 Pearsontown Elementary Public • PreK-5 | 775 Students | 24 reviews |
8/10 Sandy Ridge Elementary School Public • PreK-5 | 542 Students | 5 reviews |
7/10 Oak Grove Elementary Public • PreK-5 | 494 Students | 11 reviews |
7/10 Merrick-Moore Elementary Public • PreK-5 | 544 Students | 3 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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