508 Gray Ave, Durham, NC 27701
OFF MARKET

508 Gray Ave
Durham, NC 27701

Cleveland-Holloway
  • 3 Beds
  • 2 Baths
  • 1,796 sqft

$410,600

Trulia Estimate
as of Aug 17, 2026
Est. Refi. Payment $2,418/mo*
Refinance Your Home

$410,600

Trulia Estimate
as of Aug 17, 2026
Est. Refi. Payment $2,418/mo*
Refinance Your Home
3 Beds
2 Baths
1,796 sqft

Home Value

Trulia Estimate
$411K
Since last month
Decreased$3K (-0.6%)
Since last year
Decreased$41K (-9.1%)
Since last sale
Increased$371K (+926.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +148% in the last 10 years
MonthEstimated value
2026
August 2026$411K
July 2026$416K
June 2026$413K
May 2026$417K
April 2026$403K
March 2026$404K
February 2026$402K
January 2026$390K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
510 Gray Ave, Durham, NC
0.01
Single-Family Home
$565,000
03/23/26
3
2
1,412
608 Canal St, Durham, NC
0.06
Single-Family Home
$460,000
05/26/26
3
2
1,277
1007 Hazel St, Durham, NC
0.09
Single-Family Home
$456,500
03/25/26
3
2
1,570
605 Dowd St, Durham, NC
0.14
Single-Family Home
$282,000
04/21/26
4
2
1,974
807 N Elizabeth St, Durham, NC
0.08
Single-Family Home
$662,500
06/26/26
3
2.5
1,678
707 Gray Ave, Durham, NC
0.16
Single-Family Home
$290,000
12/19/25
3
2
1,307
1206 Gearwood Ave, Durham, NC
0.14
Single-Family Home
$579,000
08/10/26
3
2.5
1,714
1318 N Alston Ave, Durham, NC
0.26
Single-Family Home
$307,000
01/06/26
3
2
1,242
311 Edward St, Durham, NC
0.38
Single-Family Home
$190,000
10/08/25
3
2
1,228
705 Mallard Ave, Durham, NC
0.09
Single-Family Home
$485,000
01/14/26
2
2
1,450

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
506 Gray Ave, Durham, NC 27701
0.01
$908,300
4
3.5
2,614
Off Market
510 Gray Ave, Durham, NC 27701
0.01
$565,000
3
2
1,412
Recently Sold
605 Canal St, Durham, NC 27701
0.03
$686,800
4
2.5
2,110
Off Market
505 Gray Ave #2, Durham, NC 27701
0.04
-
-
-
-
Off Market
613 Canal St, Durham, NC 27701
0.04
$566,800
4
2.5
1,810
Off Market
705 N Elizabeth St, Durham, NC 27701
0.06
$630,300
3
2.5
1,829
Off Market
610 Canal St, Durham, NC 27701
0.05
$697,200
4
2.5
2,162
Off Market
604 Canal St, Durham, NC 27701
0.06
$564,000
3
2
1,403
Off Market
608 Canal St, Durham, NC 27701
0.06
$460,000
3
2
1,277
Recently Sold
1103 Hazel St #72, Durham, NC 27701
0.05
-
-
-
-
Off Market
507 Canal St, Durham, NC 27701
0.07
$557,400
3
2.5
1,548
Off Market
602 Gray Ave, Durham, NC 27701
0.07
$500,500
3
2
1,161
Off Market

Local Information

  • Map ViewExplore the area around 508 Gray Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1930
Living Area
1,796 sqft
Price/Sqft
$229

About this House

This single-family home is located at 508 Gray Ave, Durham, NC. 508 Gray Ave is in the Cleveland-Holloway neighborhood in Durham, NC and in ZIP code 27701. This property has 3 bedrooms, 2 bathrooms and approximately 1,796 sqft of floor space. This property has a lot size of 7405 sqft and was built in 1930.
508 Gray Ave, Durham, NC 27701 is a 3 bedroom, 2 bathroom, 1,796 sqft single-family home in Cleveland-Holloway, built in 1930. It last sold for $40,000 on Apr 6, 2020. It is currently off market. The Trulia Estimate is $410,600, with a rent estimate of $2,319/month.

Home Details for 508 Gray Ave

Interior Features

Heating & Cooling
Heating: Forced Air, Other, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Carpet, Linoleum Vinyl
Interior Details
Additional StorageTypes of Rooms: Walk In Closet, Breakfast Nook, Family Room, Laundry Room, Master Bath, PantryStorageCeiling Fan
Appliances & Utilities
Cable ReadyDishwasherDisposalDryerMicrowaveRefrigeratorWasher
Fireplace & Spa
Jetted Bath Tub

Exterior Features

Exterior Home Features
Roof: Shake ShingleDeckExterior: Shingle, Vinyl, Wood

Property Information

Year Built
Year Built: 1930Year Updated: 2021
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Community

Units in Building: 1

Lot Information

Lot Area: 7405 sqft

Price and Tax history

DateEventPrice
Apr 6, 2020
Source: N/A
Sold
$40,000

Market trends in Durham

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$413K
$12.83KMoM
Sale-to-List Price
99.2%
0.2%MoM
Price per sq ft
$233
$3MoM
Available listings
1163
43MoM
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Around this home

Neighborhood Overview

Cleveland-Holloway
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Cleveland-Holloway

  • 77bluewater1
    "I've lived in this neighborhood for 5 years. Love living in this neighborhood and it is in the perfect location. Easily get Downtown, shopping and RTP. "
    4
    Flag
  • Heather Czechowski
    "I have lived in this neighborhood for 3 years. The townhome community is always quiet and neighbors are always friendly. It is centrally located, so it is an easy commute to places in Durham, but also Chapel Hill and Cary. There are plenty of shops and restaurants nearby. The HOA does a great job maintaining the grounds as well. It is a great place for young professionals and/or young families."
    101
    Flag
  • Maggie M.
    "Walkable to downtown and by car, Cleveland-Holloway is 25 minutes to UNC, 10 minutes to Duke, 10 minutes to NCCU, 15 to the airport and 45 to Raleigh."
    19
    Flag
  • Tim H. R. G.
    "Awesome Area Of Downtown Durham. Close to the action and places to go out, but still 'feels' like a real neighborhood."
    22
    Flag
  • Ashton R.
    "People drive really fast with zero concern that it’s a neighborhood bc it’s a shortcut to the highway from all the one way streets downtown"
    43
    Flag
  • Katherine L.
    "We look out for each other and we care about making our city better long term. More work needs to be done but I am proud to live here "
    0
    Flag
  • Katherine L.
    "people really try to take care of each other save the elitists with money. good things happen here as often as bad things just like anywhere. Infinite possibility means miracles happen on a regular basis. i feel supported by people showing out to tell each other we are here for one another. "
    0
    Flag
  • Susana D.
    "Why live in surburbia when I can walk to world-class entertainment and restaurants, visit the Durham Central Park Farmer's Market, be a 5-minute walk from the gym? This is GREAT urban living. I love Durham!"
    0
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Homes for sale near 508 Gray Ave

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Off Market Homes Near 508 Gray Ave

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Frequently asked questions about 508 Gray Ave

  • What is 508 Gray Ave estimated to be worth?
    Trulia's estimated value for 508 Gray Ave in Durham, NC is $410,600.
  • What is the price history for 508 Gray Ave?
    508 Gray Ave in Durham, NC last sold for $40,000 in April 2020.
  • Is Durham a buyer's or seller's market?
    Durham is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Durham?
    The median sale price in Durham is $413K. That is up $12.83K from the prior month.
  • Does 508 Gray Ave have air conditioning?
    Yes, 508 Gray Ave in Durham, NC has air conditioning.
  • Does 508 Gray Ave have laundry facilities?
    Yes, 508 Gray Ave in Durham, NC has in-unit laundry.