Durham Market Report

$377,830

AVERAGE PRICE OF 1,558 HOMES

$255,116

AVERAGE PRICE OF 6 DISTRESSED HOMES

$1,443,877

AVERAGE PRICE OF 28 MULTI-MILLION DOLLAR HOMES

$417,909

AVERAGE PRICE OF 670 NEWLY BUILT HOMES

$409,474

AVERAGE PRICE OF 397 HOMES WITH A POOL

$362,244

AVERAGE PRICE OF 42 REDUCED PRICE HOMES

Average Home

Average Price $377,830
Avg Bedrooms 4.08 beds
Avg Bathrooms 3.9 baths

Average Price by Bedrooms

1 bedroom $309,422
2 bedrooms $326,437
3 bedrooms $329,973
4 bedrooms $467,978
5 bedrooms $744,281
Durham Home Price Trends
  6/2020 5/2020 4/2020 3/2020 2/2020
Total Listings 1,581 1,528 1,494 1,450 1,389
Average Price $376,816 $376,762 $372,657 $372,047 $370,828
Avg Price Change +0.01% +1.10% +0.16% +0.33% +0.26%
Median Price $318,334 $315,481 $314,004 $312,270 $314,826
Med Price Change +0.90% +0.47% +0.56% -0.82% -0.05%
Avg Bedrooms 3.54 beds 2.72 beds 2.97 beds 3.04 beds 2.81 beds
Avg Bathrooms 3.33 baths 2.76 baths 2.53 baths 2.41 baths 2.44 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Hillside 356 $284,992 79 days
Jordan 373 $439,509 101 days
Northern 188 $335,669 97 days
Orange 1 $850,000 22 days
Riverside 252 $485,569 125 days
Southern 309 $312,268 74 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,558 $377,830 58 days
Distressed Homes 6 $255,116 167 days
Multi-Million Dollar Homes 28 $1,443,877 229 days
Newly Built Homes 670 $417,909 139 days
Homes with a Pool 397 $409,474 76 days
Reduced Price Homes 42 $362,244 66 days
United Home Group
2280 S. Church, Suite 206
Burlington, NC 27215
101 Cosgrove Avenue #200
Chapel Hill, NC
27514

Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS. Last updated: July 5, 2020
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 July 5, 2020