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Durham Market Trends

Today, November 23, 2009

Median Sales Price in Durham

Embed Info
1 yr 5 yr Max
Durham median sales prices
Number of sold homes in Durham
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom$65,250-28.9%$77,538$91,750$71,000
2 bedrooms$112,308+14.0%$122,000$98,500$106,000
3 bedrooms$148,456+1.2%$160,250$146,750$150,500
4 bedrooms$216,000-0.8%$230,000$217,750$215,000
All properties$155,000+2.3%$169,000$151,500$157,500
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Durham Summary

The median sales price for homes in Durham NC for Aug 09 to Oct 09 was $155,000. This represents a decline of 8.3%, or $14,000, compared to the prior quarter and an increase of 2.3% compared to the prior year. Sales prices have depreciated 1.6% over the last 5 years in Durham.

The average listing price for Durham homes for sale on Trulia was $254,515 for the week ending Nov 18, which represents a decline of 1.4%, or $3,549, compared to the prior week and a decline of 1.1%, or $2,765, compared to the week ending Oct 28. Average price per square foot for Durham NC was $106, an increase of 5% compared to the same period last year. Popular neighborhoods in Durham include Northeast, Trinity Park, Old West Durham, Watts Hospital-Hillandale, Northgate Park, and Treyburn.

 

Average Listing Price in Durham

Embed Info
1 yr 5 yr Max
Durham average property price
Durham – number of properties
No. BedroomsWeek ending
Nov 18
w-o-wWeek ending
Nov 11
Week ending
Nov 4
Week ending
Oct 28
1 bedroom$151,479-2.6%$155,600$156,487$157,466
2 bedrooms$141,479-3.9%$147,189$144,190$145,114
3 bedrooms$196,496-1.3%$199,044$198,983$199,612
4 bedrooms$326,550-0.4%$327,762$331,550$329,196
All properties$254,515-1.4%$258,064$258,690$257,280
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Average Price Per Sqft for Homes in Durham

Embed Info
1 yr 5 yr Max
Durham average price per square foot
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom$82-35.4%$107$127$97
2 bedrooms$100+8.7%$162$92$90
3 bedrooms$106+2.9%$113$103$99
4 bedrooms$104-3.7%$128$108$113
All properties$106+5.0%$127$101$101
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Popular Neighborhoods in Durham

Neighborhoods Week ending
Nov 18
w-o-w Week ending
Nov 11
Week ending
Nov 4
Northeast 1 — 1 1
Trinity Park 2 +2 4 3
Old West Durham 3 +5 8 8
Watts Hospital-Hillandale 4 -2 2 2
Northgate Park 5 -2 3 10
Treyburn 6 +4 10 7
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Homes for Sale in Durham

3803 Tremont Drive, Durham NC
3803 Tremo…
$200,000
3 br  2 ba
3948 Bristol Road, Durham NC
3948 Brist…
$379,000
3 br  3 ba
2910 Thoreau Drive, Durham NC
2910 Thore…
$235,000
4 br  2 ½ ba
2819 Stuart Drive, Durham NC
2819 Stuart…
$249,000
3 br  2 ba
5811 Claremore Drive, Durham NC
5811 Clare…
$126,900
3 br  2 ba
1108 Grandover Drive, Durham NC
1108 Grand…
$265,000
4 br  2 ½ ba
View all Durham Homes for Sale
 
Stats & Trends
Durham

Real Estate Overview

Market Trends

Schools

Home Prices Map

Community Info

Neighborhoods

Northeast

Trinity Park

View more neighborhoods or ZIPs
  • Abercromby
  • Albright
  • Alston Heights
  • American Village
  • Arrowhead
  • Ashley Forest
  • Audubon Park
  • Beech Hill
  • Bennett Place
  • Bluffs of the Eno
  • Brandon Ridge
  • Breckenridge
  • Brightleaf
  • Bryant Heights
  • Buckwater Creek
  • Bull Durham
  • Burch Avenue
  • Cabe's Mill
  • Cameron Woods
  • Campus Hills
  • Carpenter-Fletcher
  • Cedar Hills
  • Central Park
  • Chandler/Breedlove
  • Chicopee Trail
  • City Center
  • Coles Pond
  • Collier, Alston, Chenault, Homewood
  • Colonial Village
  • Colony Park
  • Copper Mill
  • Country Club Heights
  • Crest Street
  • Croasdaile Farm Master
  • Crooked Creek
  • Darby Glen Townhomes
  • Delchester Court
  • Devonshire
  • Dover Ridge
  • Downing Creek
  • Duke Forest
  • Duke Homestead
  • Duke Park
  • Duke University - East Campus
  • Duke University - West Campus
  • Dunbarton
  • Eagle's Pointe
  • East Durham
  • Ed Cook
  • Emory Woods
  • Emory Woods Orchards
  • Eno Commons
  • Eno River
  • Eno Trace
  • Fairfield
  • Faith Alliance Church
  • Falconbridge
  • Fern Valley
  • Fieldstone by the ENO
  • Fisher Heights
  • Five Oaks
  • Five Oaks Lakeside
  • Folkestone
  • Forest Hills
  • Forestview Heights
  • Grande Park
  • Green Mill
  • Greenway at American Village
  • Greymoss
  • Greysons Green
  • Grove Park
  • Hickory Downs
  • Hidden Hollow
  • Hillside Avenue/St. Teresa
  • Hillside Park
  • Hope Valley Farms
  • Hope Valley Farms North
  • Hope Valley Green
  • Hope Valley North
  • Huckleberry Heights
  • Huntington Ridge
  • Kentington Heights
  • Kingsley Woods
  • Knollwood
  • Lake Park
  • Lake Village Townes
  • Lakehurst
  • Lakewood Park
  • Landsbury/Waterbury
  • Lassiter Street
  • Latta Road
  • Lattamoor
  • Lochnora
  • Lyon Park
  • Marquis-Pierre
  • Mary Dell
  • Merrick Moore
  • Milan Woods
  • Morehead Hill
  • Nancy Rhodes Creek
  • North Carolina Central University
  • Northeast
  • Northgate Park
  • Norwood Avenue
  • Oakmont Circle
  • Old Farm
  • Old Five Points
  • Old North Durham
  • Old West Durham
  • Omah Street
  • Orindo Drive-Robinwood, Bellgreen Road
  • Parkside
  • Parkwood
  • Peppertree Townhomes
  • Pickett Crossing
  • Pickran Estates
  • Pineywood Townes
  • Placid Valley
  • Plum Street
  • Popes Crossing
  • Primitive Baptist Church
  • Rawdon
  • Research Triangle Park
  • Revere's Run Townhomes
  • Riddle Heights
  • Ridgewood
  • River Forest
  • Rockwood
  • Rollingwood
  • Sayward Drive
  • Shaw Hills
  • Solterra
  • Spring Valley
  • Stadium Heights
  • Stanley Road
  • Stephens Lane
  • Stirrup Creek
  • Structure House
  • Surrey Green
  • The Forest at Duke
  • The Ridges of Parkwood
  • The Valley
  • Treyburn
  • Triangle Development
  • Trinity Heights
  • Trinity Park
  • Trotter Ridge
  • Tuscaloosa -Lakewood
  • Twin Lakes
  • Unity Village
  • Valley Run
  • Valleybrook
  • Vantage Pointe
  • Walltown
  • Warehouse District
  • Waterford
  • Watts Hospital-Hillandale
  • Wedgewood
  • Wellons Village
  • West End
  • Whitney Park
  • Willow Hill
  • Woodcroft
  • Woodlake
  • Woodland Acres
  • Y.E. Smith
close [x]
  • 27701
  • 27702
  • 27703
  • 27704
  • 27705
  • 27706
  • 27707
  • 27708
  • 27709
  • 27710
  • 27711
  • 27712
  • 27713
  • 27715
  • 27717
  • 27722
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Nearby Cities

Cities
Median
sales price
Average
listing price
Chapel Hill
$331,000
$524,979
Bahama
$212,000
$333,432
Hillsborough
$216,500
$325,752
Carrboro
$316,000
$251,887
Morrisville
$190,750
$311,784
Creedmoor
$283,500
$275,372
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Advice

Recent Q&A in Durham, NC

Q: What's a reasonable price for a 1 bdrm/1.5 bath condo in downtown Durham NC? 6 answers
Q: I am interested in a rent to own home. I am not able to get approved a regular morgage loan at this time. 2 answers
Q: I am considering moving to Durham to work at Duke's Medical Center. Which neighborhoods would be good to consider. I would like single fam home, 7 answers
Q: I want to sell my home in Hope Valley Farms (sullivan trace subdivision) by May of 2010. I'm starting to make changes in preparation for staging 9 answers
Q: what to do if appraisal comes in lower than purchase price? 8 answers

Got a real estate question? 

More Advice:
  • Recent Q&A in Durham, NC
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Nearby Cities Sold Homes

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Durham Stats & Trends

  • Durham Real Estate Overview
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  • Durham Home Prices
  • Durham Real Estate
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Our real estate market trends page gives you a valuable overview of the Durham real estate market. Find Durham properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Durham average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Durham housing statistics are available for each Durham, NC neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.