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Durham Market Report

$373,934

AVERAGE PRICE OF 1,576 HOMES

$283,100

AVERAGE PRICE OF 12 DISTRESSED HOMES

$1,529,051

AVERAGE PRICE OF 28 MULTI-MILLION DOLLAR HOMES

$418,991

AVERAGE PRICE OF 685 NEWLY BUILT HOMES

$412,975

AVERAGE PRICE OF 379 HOMES WITH A POOL

$341,612

AVERAGE PRICE OF 31 REDUCED PRICE HOMES

Average Home

Average Price $373,934
Avg Bedrooms 3.16 beds
Avg Bathrooms 2.81 baths

Average Price by Bedrooms

1 bedroom $320,557
2 bedrooms $307,982
3 bedrooms $325,800
4 bedrooms $464,591
5 bedrooms $655,910
Durham Home Price Trends
  4/2020 3/2020 2/2020 1/2020 12/2019
Total Listings 1,493 1,449 1,386 1,347 1,500
Average Price $372,775 $372,165 $371,248 $370,338 $372,314
Avg Price Change +0.16% +0.25% +0.25% -0.53% +0.60%
Median Price $314,082 $312,347 $315,141 $315,357 $314,317
Med Price Change +0.56% -0.89% -0.07% +0.33% +0.69%
Avg Bedrooms 3.17 beds 3.16 beds 3.14 beds 3.12 beds 3.14 beds
Avg Bathrooms 2.82 baths 2.82 baths 2.82 baths 2.82 baths 2.8 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Hillside 368 $288,307 73 days
Jordan 360 $427,310 99 days
Northern 194 $319,629 98 days
Riverside 262 $493,436 117 days
Southern 308 $301,789 67 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,576 $373,934 91 days
Distressed Homes 12 $283,100 140 days
Multi-Million Dollar Homes 28 $1,529,051 223 days
Newly Built Homes 685 $418,991 129 days
Homes with a Pool 379 $412,975 76 days
Reduced Price Homes 31 $341,612 73 days
RE/MAX United | The Joe Ward Team.
7721 Six Forks Rd Ste 110
Raleigh, NC 27165
919-518-8182
Larry Mitchell
Loan Originator
NMLS# 702701
919-815-6807
larry.mitchell@primelending.com
5400 Glenwood Avenue, Suite 215
Raleigh, NC 27612

Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2020 Triangle MLS, Inc. of North Carolina. All rights reserved. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.” Listings were last updated May 27, 2020