The Downtown Durham housing market is not very competitive. The median sale price of a home in Downtown Durham was $388K last month, down 46.6% since last year. The median sale price per square foot in Downtown Durham is $565, down 2.8% since last year.
What is the housing market like in Downtown Durham today?
In April 2024, Downtown Durham home prices were down 46.6% compared to last year, selling for a median price of $388K.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$387,500
-46.6% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Downtown Durham, NC
$387,500
-46.6%
United States
To compare other locations to the Downtown Durham and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Durham add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Downtown Durham housing market?
Downtown Durham is not very competitive. Homes sell in 109.5 days.
0
100
17
Not Very Competitive
Redfin Compete Score™
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 9 months
Multiple offers are rare.
The average homes sell for about 2% below list price and go pending in around 110 days.
Hot homes
can sell for around list price and go pending in around 49 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
97.3%
-7.0 pt YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Downtown Durham, NC
97.3%
-7.0 pt
United States
Home offer insights for Downtown Durham
Explore recent offers and recently sold homes in Downtown Durham
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Downtown Durham housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown Durham.
Risk Factor
Flood Factor - Moderate
14% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Durham has a moderate risk of flooding. 55 properties in Downtown Durham are likely to be
severely affected
by flooding over the next 30 years. This represents 14% of all properties in Downtown Durham. Flood risk is increasing slower than the national average.
3% of properties are at risk of wildfire over the next 30 years
Fire Factor
Downtown Durham has a minor risk of wildfire. There are 25 properties in Downtown Durham that have some risk of being affected by wildfire over the next 30 years. This represents 3% of all properties in Downtown Durham.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Downtown Durham has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Downtown Durham is most at risk from hurricanes. 687 properties in Downtown Durham have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 72 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 88 mph.
94% of properties are at major
risk of heat over the next 30 years
Heat Factor
Downtown Durham has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 94% of homes in Downtown Durham have a Major Heat Factor®.
Downtown Durham is expected to see a 142% increase in the number of days over 105ºF over the next 30 years. Downtown Durham is expected to experience 8