Durham, NC Housing Market
The Durham housing market is very competitive. Homes in Durham receive 2 offers on average and sell in around 13 days. The median sale price of a home in Durham was $423K last month, up 4.4% since last year. The median sale price per square foot in Durham is $240, up 1.7% since last year.
Durham Housing Market Trends
In April 2024, Durham home prices were up 4.4% compared to last year, selling for a median price of $423K. On average, homes in Durham sell after 13 days on the market compared to 38 days last year. There were 318 homes sold in April this year, up from 291 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Durham housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for around list price and go pending in around 11 days.
- Hot homescan sell for about 3% above list price and go pending in around 4 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for around list price and go pending in around 15 days.
- Hot homescan sell for about 2% above list price and go pending in around 4 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 6 days.
- Hot homescan sell for about 5% above list price and go pending in around 3 days.
Durham Migration & Relocation Trends
- Across the nation, 0.91% of homebuyers searched to move into Durham from outside metros.
- New York homebuyers searched to move into Durham more than any other metro followed by Washington and Fayetteville.
- 74% of Durham homebuyers searched to stay within the Durham metropolitan area.
- Myrtle Beach was the most popular destination among Durham homebuyers followed by Greensboro and Asheville.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 835 | ||
2 | 807 | ||
3 | 555 | ||
4 | 547 | ||
5 | 391 | ||
6 | 288 | ||
7 | 278 | ||
8 | 175 | ||
9 | 166 | ||
10 | 149 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 317 | ||
2 | 267 | ||
3 | 226 | ||
4 | 199 | ||
5 | 198 | ||
6 | 138 | ||
7 | 90 | ||
8 | 59 | ||
9 | 32 | ||
10 | 32 |
Home offer insights for Durham
Recent offers
- Offer Not Accepted|5 Weeks Ago~$500K OfferSold for $500K4 bd | 2.5 ba | ~2,250 sqftOver List Price2%Days on Market1Competing Offers3Down Payment~20%
- Offer Not Accepted|5 Weeks Ago~$500K OfferSold for $500K3 bd | 2.5 ba | ~2,250 sqftOver List Price8%Days on Market3Competing Offers2Down Payment~20%
- Offer Not Accepted|7 Weeks Ago~$375K OfferSold for $400K3 bd | 2.5 ba | ~1,750 sqftUnder List Price3%Days on Market4Competing Offers3Down Payment~20%
- Offer Not Accepted|11 Weeks Ago~$100K OfferSold for $200K3 bd | 1 ba | ~1,250 sqftUnder List Price59%Days on Market80Competing Offers—Down Payment~20%
View houses in Durham that sold recently
Recently sold homes
- $230,910 Last Sold Price2 beds1 bath795 sq ft2402 Dallas St, Durham, NC 27707List Price$215,000Sale to List7% over listDays on Market22 days2402 Dallas St, Durham, NC 27707
- $400,000 Last Sold Price3 beds2.5 baths1,926 sq ft117 Diamond Head Dr, Durham, NC 27705List Price$429,500Sale to List7% under listDays on Market63 days117 Diamond Head Dr, Durham, NC 27705
- $915,000 Last Sold Price4 beds4 baths3,038 sq ft1201 Kings Canyon Ct, Cary, NC 27519List Price$900,000Sale to List2% over listDays on Market29 days1201 Kings Canyon Ct, Cary, NC 27519
- $280,000 Last Sold Price2 beds2 baths1,073 sq ft5500 Fortunes Ridge Dr Unit 84b, Durham, NC 27713List Price$299,000Sale to List6% under listDays on Market28 days5500 Fortunes Ridge Dr Unit 84b, Durham, NC 27713
- $370,000 Last Sold Price3 beds2.5 baths1,650 sq ft3 Colindale Ct, Durham, NC 27704List Price$365,500Sale to List1% over listDays on Market41 days3 Colindale Ct, Durham, NC 27704
- $563,640 Last Sold Price4 beds3 baths2,085 sq ft1110 Greatland Rd Lot 85, Durham, NC 27703List Price$560,500Sale to List1% over listDays on Market198 days1110 Greatland Rd Lot 85, Durham, NC 27703
- $518,000 Last Sold Price3 beds2 baths1,520 sq ft3106 Mossdale Ave, Durham, NC 27707List Price$499,000Sale to List4% over listDays on Market29 days3106 Mossdale Ave, Durham, NC 27707
- $410,000 Last Sold Price3 beds2.5 baths1,792 sq ft102 Galway Glenn Ln, Durham, NC 27705List Price$419,900Sale to List2% under listDays on Market81 days102 Galway Glenn Ln, Durham, NC 27705
See all recently sold homes in Durham.
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Schools in Durham
- Elementary
- Middle
- High
GreatSchools Rating
9/10 R N Harris Elementary Public • PreK-5 | 298 Students | 4 reviews |
9/10 Pearsontown Elementary Public • PreK-5 | 775 Students | 24 reviews |
8/10 Sandy Ridge Elementary School Public • PreK-5 | 542 Students | 5 reviews |
7/10 Oak Grove Elementary Public • PreK-5 | 494 Students | 11 reviews |
7/10 Merrick-Moore Elementary Public • PreK-5 | 544 Students | 3 reviews |
Climate's impact on Durham housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Durham.
Flood Factor - Moderate
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Major
Wind Factor
Wind likelihood over time
Heat Factor - Major
Heat Factor
Transportation in Durham
Walk Score®
Transit Score®
Bike Score®
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