516 Gray Ave, Durham, NC 27701
OFF MARKET

516 Gray Ave
Durham, NC 27701

Cleveland-Holloway
  • 2 Beds
  • 1 Bath
  • 884 sqft

$211,800

Trulia Estimate
as of Aug 21, 2026
Est. Refi. Payment $1,295/mo*
Refinance Your Home

$211,800

Trulia Estimate
as of Aug 21, 2026
Est. Refi. Payment $1,295/mo*
Refinance Your Home
2 Beds
1 Bath
884 sqft

Home Value

Trulia Estimate
$212K
Since last month
Decreased$4K (-1.7%)
Since last year
Increased$19K (+9.8%)
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 +192% in the last 10 years
MonthEstimated value
2026
August 2026$211K
July 2026$215K
June 2026$212K
May 2026$217K
April 2026$200K
March 2026$207K
February 2026$210K
January 2026$192K
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
601 Gurley St, Durham, NC
0.20
Single-Family Home
$165,000
11/10/25
2
1
920
919 Chester St, Durham, NC
0.41
Single-Family Home
$200,000
09/16/25
2
1
855
510 Gray Ave, Durham, NC
0.03
Single-Family Home
$565,000
03/23/26
3
2
1,412
1319 Calvin St, Durham, NC
0.28
Single-Family Home
$221,000
07/23/26
2
2
864
608 Canal St, Durham, NC
0.07
Single-Family Home
$460,000
05/26/26
3
2
1,277
407A Edward St, Durham, NC
0.42
Single-Family Home
$374,000
05/12/26
2
1
1,133
908 Chester St, Durham, NC
0.46
Single-Family Home
$99,225
05/29/26
2
1
1,129
705 Mallard Ave, Durham, NC
0.10
Single-Family Home
$485,000
01/14/26
2
2
1,450
1309 N Hyde Park Ave, Durham, NC
0.41
Single-Family Home
$175,000
11/21/25
3
1
875
1007 Hazel St, Durham, NC
0.08
Single-Family Home
$456,500
03/25/26
3
2
1,570

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
602 Gray Ave, Durham, NC 27701
0.03
$500,500
3
2
1,161
Off Market
1103 Hazel St #72, Durham, NC 27701
0.02
-
-
-
-
Off Market
604 Gray Ave, Durham, NC 27701
0.04
$608,800
4
2
1,445
Off Market
613 Canal St, Durham, NC 27701
0.03
$569,100
4
2.5
1,810
Off Market
510 Gray Ave, Durham, NC 27701
0.03
$565,000
3
2
1,412
Recently Sold
610 Gray Ave, Durham, NC 27701
0.07
$601,200
3
2.5
1,694
Off Market
506 Gray Ave, Durham, NC 27701
0.05
$908,300
4
3.5
2,614
Off Market
605 Canal St, Durham, NC 27701
0.05
$686,800
4
2.5
2,110
Off Market
610 Canal St, Durham, NC 27701
0.06
$697,200
4
2.5
2,162
Off Market
1213 Hazel St, Durham, NC 27701
0.07
$494,900
3
2.5
1,491
Off Market
512 Dowd St, Durham, NC 27701
0.08
-
-
-
-
Off Market
505 Gray Ave #2, Durham, NC 27701
0.07
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 516 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
1920
Living Area
884 sqft
Price/Sqft
$240

About this House

This single-family home is located at 516 Gray Ave, Durham, NC. 516 Gray Ave is in the Cleveland-Holloway neighborhood in Durham, NC and in ZIP code 27701. This property has 2 bedrooms, 1 bathroom and approximately 884 sqft of floor space. This property has a lot size of 7405 sqft and was built in 1920.
516 Gray Ave, Durham, NC 27701 is a 2 bedroom, 1 bathroom, 884 sqft single-family home in Cleveland-Holloway, built in 1920. It is currently off market. The Trulia Estimate is $211,800, with a rent estimate of $1,489/month.

Home Details for 516 Gray Ave

Interior Features

Heating & Cooling
Heating: Forced AirHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1

Property Information

Year Built
Year Built: 1920
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

YearProperty taxTax assessment
2025
$2,647
$267,053
Home facts updated by county records

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

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
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 516 Gray Ave

  • What is 516 Gray Ave estimated to be worth?
    Trulia's estimated value for 516 Gray Ave in Durham, NC is $211,800.
  • 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.
  • What are the closest schools to 516 Gray Ave?
    The closest schools to 516 Gray Ave in Durham, NC are Brogden Middle (rated 5/10), Eastway Elementary (Pre-K, rated 3/10), Riverside High School (rated 3/10).
  • How big is the lot at 516 Gray Ave?
    The lot at 516 Gray Ave in Durham, NC is about 0.17 acres (7,405 sq ft).

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