Durham Market Report

$492,721

AVERAGE PRICE OF 1,185 HOMES

$608,636

AVERAGE PRICE OF 187 HOMES WITH A POOL

$170,000

AVERAGE PRICE OF 2 DISTRESSED HOMES

$1,696,372

AVERAGE PRICE OF 48 MULTI-MILLION DOLLAR HOMES

$571,994

AVERAGE PRICE OF 523 NEWLY BUILT HOMES

$505,865

AVERAGE PRICE OF 15 REDUCED PRICE HOMES

Average Home

Average Price $492,721
Avg Bedrooms 3.17 beds
Avg Bathrooms 2.88 baths

Average Price by Bedrooms

1 bedroom $421,614
2 bedrooms $458,310
3 bedrooms $429,177
4 bedrooms $497,349
5 bedrooms $791,829
Durham Home Price Trends
  4/2022 3/2022 2/2022 1/2022 12/2021
Total Listings n/a 1,074 1,053 1,065 1,191
Average Price n/a $481,054 $476,741 $478,731 $467,851
Avg Price Change n/a +0.90% -0.42% +2.33% n/a
Median Price n/a $403,381 $399,267 $400,061 $399,760
Med Price Change n/a +1.03% -0.20% +0.08% n/a
Avg Bedrooms n/a 2.85 beds 2.57 beds 2.55 beds 2.85 beds
Avg Bathrooms n/a 2.53 baths 1.97 baths 1.93 baths 2.39 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Hillside 379 $399,087 94 days
Jordan 219 $540,672 91 days
Northern 143 $469,905 84 days
Other High School 1 $319,000 30 days
Riverside 198 $661,889 100 days
Southern 197 $422,589 84 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,185 $492,721 55 days
Homes with a Pool 187 $608,636 46 days
Distressed Homes 2 $170,000 372 days
Multi-Million Dollar Homes 48 $1,696,372 123 days
Newly Built Homes 523 $571,994 151 days
Reduced Price Homes 15 $505,865 68 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: May 16, 2022
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 2022 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 16, 2022
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