Durham Market Report
$648,713
AVERAGE PRICE OF 1,202 HOMES$312,449
AVERAGE PRICE OF 4 DISTRESSED HOMES$2,047,577
AVERAGE PRICE OF 150 MULTI-MILLION DOLLAR HOMES$769,178
AVERAGE PRICE OF 440 NEWLY BUILT HOMES$1,146,338
AVERAGE PRICE OF 153 HOMES WITH A POOL$452,621
AVERAGE PRICE OF 57 REDUCED PRICE HOMESAverage Home
| Average Price | $648,713 |
| Avg Bedrooms | 2.87 beds |
| Avg Bathrooms | 2.6 baths |
Average Price by Bedrooms
| 1 bedroom | $474,616 |
| 2 bedrooms | $741,477 |
| 3 bedrooms | $566,113 |
| 4 bedrooms | $623,790 |
| 5 bedrooms | $1,001,230 |
Durham Home Price Trends
| 9/2023 | 8/2023 | 7/2023 | 6/2023 | 5/2023 | |
|---|---|---|---|---|---|
| Total Listings | 1,199 | 1,172 | 1,194 | 1,247 | 1,229 |
| Average Price | $640,197 | $650,423 | $664,010 | $658,714 | $671,433 |
| Avg Price Change | -1.60% | -2.09% | +0.80% | -1.93% | -2.09% |
| Median Price | $441,956 | $443,079 | $449,491 | $445,329 | $445,868 |
| Med Price Change | -0.25% | -1.45% | +0.93% | -0.12% | -0.53% |
| Avg Bedrooms | 2.85 beds | 2.86 beds | 2.86 beds | 2.77 beds | 2.71 beds |
| Avg Bathrooms | 2.59 baths | 2.53 baths | 2.44 baths | 2.42 baths | 2.41 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Hillside | 195 | $414,902 | 71 days |
| Hillside High School | 1 | $1,125,000 | 111 days |
| Jordan | 230 | $643,589 | 61 days |
| North Durham High School | 1 | $325,000 | 37 days |
| Northern | 184 | $490,856 | 96 days |
| Riverside | 266 | $923,966 | 176 days |
| Southern | 231 | $406,289 | 57 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 1,202 | $648,713 | 80 days |
| Distressed Homes | 4 | $312,449 | 19 days |
| Multi-Million Dollar Homes | 150 | $2,047,577 | 201 days |
| Newly Built Homes | 440 | $769,178 | 105 days |
| Homes with a Pool | 153 | $1,146,338 | 204 days |
| Reduced Price Homes | 57 | $452,621 | 42 days |
