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Durham Market Report

$659,992

AVERAGE PRICE OF 1,255 HOMES

$768,411

AVERAGE PRICE OF 460 NEWLY BUILT HOMES

$1,163,175

AVERAGE PRICE OF 170 HOMES WITH A POOL

$319,100

AVERAGE PRICE OF 3 DISTRESSED HOMES

$2,070,121

AVERAGE PRICE OF 162 MULTI-MILLION DOLLAR HOMES

$631,413

AVERAGE PRICE OF 30 REDUCED PRICE HOMES

Average Home

Average Price $659,992
Avg Bedrooms 2.47 beds
Avg Bathrooms 1.86 baths

Average Price by Bedrooms

1 bedroom $511,348
2 bedrooms $718,734
3 bedrooms $370,064
4 bedrooms $602,337
5 bedrooms $702,384
Durham Home Price Trends
  5/2023 4/2023 3/2023 2/2023 1/2023
Total Listings 1,237 1,197 1,205 1,204 1,137
Average Price $669,011 $685,098 $669,277 $643,657 $629,845
Avg Price Change -2.40% +2.36% +3.98% +2.19% +1.65%
Median Price $444,686 $447,987 $441,230 $428,950 $424,488
Med Price Change -0.74% +1.53% +2.86% +1.05% -0.20%
Avg Bedrooms 2.42 beds 2.72 beds 2.64 beds 2.52 beds 2.87 beds
Avg Bathrooms 1.95 baths 2.07 baths 2.02 baths 1.65 baths 2.1 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Durham - Hillside 1 $540,000 13 days
Durham - Jordan 1 $635,000 5 days
Durham - Riverside 1 $305,000 76 days
Durham - Southern 1 $340,000 24 days
Hillside 204 $428,782 51 days
Jordan 276 $657,528 82 days
Northern 203 $508,041 78 days
Riverside 285 $832,647 132 days
Southern 190 $451,586 51 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,255 $659,992 50 days
Newly Built Homes 460 $768,411 48 days
Homes with a Pool 170 $1,163,175 79 days
Distressed Homes 3 $319,100 60 days
Multi-Million Dollar Homes 162 $2,070,121 200 days
Reduced Price Homes 30 $631,413 44 days
Triangle Home Crew Realty, LLC
Susan Crawford
1717 Legion Rd Suite 101
Chapel Hill, NC 27517
919-491-4663

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: June 2, 2023
Information Deemed Reliable But Not Guaranteed.
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 June 2, 2023
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