Durham Market Report
$632,475
AVERAGE PRICE OF 1,417 HOMES$2,062,541
AVERAGE PRICE OF 164 MULTI-MILLION DOLLAR HOMES$544,338
AVERAGE PRICE OF 88 REDUCED PRICE HOMES$441,666
AVERAGE PRICE OF 3 DISTRESSED HOMES$795,722
AVERAGE PRICE OF 494 NEWLY BUILT HOMES$843,096
AVERAGE PRICE OF 312 HOMES WITH A POOLAverage Home
| Average Price | $632,475 |
| Avg Bedrooms | 2.83 beds |
| Avg Bathrooms | 2.55 baths |
Average Price by Bedrooms
| 1 bedroom | $397,605 |
| 2 bedrooms | $481,527 |
| 3 bedrooms | $528,714 |
| 4 bedrooms | $662,904 |
| 5 bedrooms | $951,868 |
Durham Home Price Trends
| 8/2024 | 7/2024 | 6/2024 | 5/2024 | 4/2024 | |
|---|---|---|---|---|---|
| Total Listings | 1,413 | 1,429 | 1,465 | 1,394 | 1,332 |
| Average Price | $628,770 | $629,214 | $629,587 | $634,161 | $632,678 |
| Avg Price Change | -0.07% | -0.06% | -0.73% | +0.23% | -0.37% |
| Median Price | $446,608 | $449,505 | $451,938 | $457,856 | $450,483 |
| Med Price Change | -0.65% | -0.54% | -1.31% | +1.64% | +0.52% |
| Avg Bedrooms | 2.58 beds | 2.37 beds | 2.99 beds | 2.48 beds | 2.6 beds |
| Avg Bathrooms | 2.24 baths | 2.17 baths | 2.45 baths | 2 baths | 2.16 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Durham - Southern | 2 | $387,500 | 32 days |
| Southern | 331 | $523,463 | 115 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 1,417 | $632,475 | 89 days |
| Multi-Million Dollar Homes | 164 | $2,062,541 | 337 days |
| Reduced Price Homes | 88 | $544,338 | 48 days |
| Distressed Homes | 3 | $441,666 | 45 days |
| Newly Built Homes | 494 | $795,722 | 206 days |
| Homes with a Pool | 312 | $843,096 | 207 days |
