Durham Market Report

$391,334

AVERAGE PRICE OF 1,503 HOMES

$185,925

AVERAGE PRICE OF 4 DISTRESSED HOMES

$1,980,537

AVERAGE PRICE OF 30 MULTI-MILLION DOLLAR HOMES

$414,780

AVERAGE PRICE OF 676 NEWLY BUILT HOMES

$426,879

AVERAGE PRICE OF 439 HOMES WITH A POOL

$413,652

AVERAGE PRICE OF 18 REDUCED PRICE HOMES

Average Home

Average Price $391,334
Avg Bedrooms 3.44 beds
Avg Bathrooms 2.9 baths

Average Price by Bedrooms

1 bedroom $309,030
2 bedrooms $358,414
3 bedrooms $372,091
4 bedrooms $320,811
5 bedrooms $852,821
Durham Home Price Trends
  9/2020 8/2020 7/2020 6/2020 5/2020
Total Listings 1,506 1,533 1,551 1,581 1,528
Average Price $383,408 $381,477 $380,894 $376,816 $376,762
Avg Price Change +0.51% +0.15% +1.08% +0.01% +1.10%
Median Price $316,416 $318,475 $320,070 $318,334 $315,481
Med Price Change -0.65% -0.50% +0.55% +0.90% +0.47%
Avg Bedrooms 3.5 beds 3.89 beds 4.08 beds 3.54 beds 2.72 beds
Avg Bathrooms 3.15 baths 3.63 baths 3.91 baths 3.33 baths 2.76 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Hillside 335 $284,954 67 days
Jordan 344 $478,936 83 days
Northern 174 $359,991 100 days
Orange 1 $845,000 137 days
Other High School 1 $189,500 41 days
Riverside 232 $500,688 107 days
Southern 342 $317,716 83 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,503 $391,334 79 days
Distressed Homes 4 $185,925 236 days
Multi-Million Dollar Homes 30 $1,980,537 232 days
Newly Built Homes 676 $414,780 148 days
Homes with a Pool 439 $426,879 81 days
Reduced Price Homes 18 $413,652 74 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: October 28, 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 October 28, 2020
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