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Durham Market Report

$663,510

AVERAGE PRICE OF 1,255 HOMES

$449,900

AVERAGE PRICE OF 1 DISTRESSED HOMES

$2,051,936

AVERAGE PRICE OF 166 MULTI-MILLION DOLLAR HOMES

$770,597

AVERAGE PRICE OF 457 NEWLY BUILT HOMES

$1,151,933

AVERAGE PRICE OF 175 HOMES WITH A POOL

$527,309

AVERAGE PRICE OF 43 REDUCED PRICE HOMES

Average Home

Average Price $663,510
Avg Bedrooms 2.69 beds
Avg Bathrooms 2.45 baths

Average Price by Bedrooms

1 bedroom $511,348
2 bedrooms $704,329
3 bedrooms $522,278
4 bedrooms $723,046
5 bedrooms $1,162,952
Durham Home Price Trends
  4/2023 3/2023 2/2023 1/2023 12/2022
Total Listings 1,193 1,203 1,201 1,132 1,234
Average Price $686,290 $669,929 $644,694 $631,324 $620,693
Avg Price Change +2.44% +3.91% +2.12% +1.71% -0.25%
Median Price $448,445 $441,510 $429,407 $424,965 $425,564
Med Price Change +1.57% +2.82% +1.05% -0.14% -1.52%
Avg Bedrooms 2.7 beds 2.68 beds 2.66 beds 2.65 beds 2.7 beds
Avg Bathrooms 2.46 baths 2.44 baths 2.42 baths 2.39 baths 2.43 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Hillside 211 $424,048 50 days
Jordan 280 $664,697 80 days
Northern 212 $499,252 75 days
Riverside 278 $846,783 133 days
Southern 189 $565,645 79 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,255 $663,510 87 days
Distressed Homes 1 $449,900 115 days
Multi-Million Dollar Homes 166 $2,051,936 193 days
Newly Built Homes 457 $770,597 125 days
Homes with a Pool 175 $1,151,933 128 days
Reduced Price Homes 43 $527,309 51 days
TLC Realty Group
Tammi Knapp
102 Commonwealth Ct, Ste I
Cary, NC 27511
919-995-0397

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 2023 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 28, 2023
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