If you need assistance, please call 919-518-8182

Durham Market Report

$397,849

AVERAGE PRICE OF 1,348 HOMES

$187,740

AVERAGE PRICE OF 5 DISTRESSED HOMES

$1,975,215

AVERAGE PRICE OF 31 MULTI-MILLION DOLLAR HOMES

$421,059

AVERAGE PRICE OF 625 NEWLY BUILT HOMES

$444,848

AVERAGE PRICE OF 379 HOMES WITH A POOL

$376,318

AVERAGE PRICE OF 22 REDUCED PRICE HOMES

Average Home

Average Price $397,849
Avg Bedrooms 3.11 beds
Avg Bathrooms 2.79 baths

Average Price by Bedrooms

1 bedroom $316,084
2 bedrooms $366,194
3 bedrooms $340,578
4 bedrooms $462,453
5 bedrooms $919,086
Durham Home Price Trends
  10/2020 9/2020 8/2020 7/2020 6/2020
Total Listings 1,496 1,503 1,532 1,550 1,580
Average Price $391,898 $383,138 $381,247 $380,592 $376,697
Avg Price Change +2.29% +0.50% +0.17% +1.03% -0.05%
Median Price $320,091 $316,150 $318,204 $319,729 $318,178
Med Price Change +1.25% -0.65% -0.48% +0.49% +0.83%
Avg Bedrooms 3.14 beds 3.14 beds 3.14 beds 3.16 beds 3.18 beds
Avg Bathrooms 2.82 baths 2.81 baths 2.81 baths 2.82 baths 2.81 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Hillside 307 $283,026 73 days
Jordan 318 $472,764 139 days
Northern 169 $366,265 111 days
Riverside 205 $506,826 109 days
Southern 279 $320,630 85 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,348 $397,849 105 days
Distressed Homes 5 $187,740 211 days
Multi-Million Dollar Homes 31 $1,975,215 222 days
Newly Built Homes 625 $421,059 155 days
Homes with a Pool 379 $444,848 85 days
Reduced Price Homes 22 $376,318 63 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 November 24, 2020
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