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Kelly DeBrosse
919-805-0069

Durham Market Report

$369,563

AVERAGE PRICE OF 1,249 HOMES

$203,776

AVERAGE PRICE OF 13 DISTRESSED HOMES

$1,621,169

AVERAGE PRICE OF 39 MULTI-MILLION DOLLAR HOMES

$397,876

AVERAGE PRICE OF 649 NEWLY BUILT HOMES

$447,983

AVERAGE PRICE OF 349 HOMES WITH A POOL

$260,403

AVERAGE PRICE OF 54 REDUCED PRICE HOMES

Average Home

Average Price $369,563
Avg Bedrooms 3.14 beds
Avg Bathrooms 2.85 baths

Average Price by Bedrooms

1 bedroom $331,307
2 bedrooms $381,063
3 bedrooms $304,954
4 bedrooms $401,001
5 bedrooms $702,012
Durham Home Price Trends
  12/2018 11/2018 10/2018 9/2018 8/2018
Total Listings 1,275 1,414 1,421 1,443 1,456
Average Price $374,157 $368,440 $366,353 $361,181 $363,453
Avg Price Change +1.55% +0.57% +1.43% -0.63% -0.73%
Median Price $300,388 $295,950 $296,037 $293,596 $298,386
Med Price Change +1.50% -0.03% +0.83% -1.63% -0.44%
Avg Bedrooms 3.14 beds 3.17 beds 3.21 beds 3.2 beds 3.22 beds
Avg Bathrooms 2.86 baths 2.86 baths 2.86 baths 2.84 baths 2.87 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Durham - Hillside 284 $264,869 103 days
Durham - Jordan 310 $464,371 122 days
Durham - Northern 180 $282,904 213 days
Durham - Riverside 190 $461,449 215 days
Durham - Southern 203 $298,187 102 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,249 $369,563 140 days
Distressed Homes 13 $203,776 64 days
Multi-Million Dollar Homes 39 $1,621,169 445 days
Newly Built Homes 649 $397,876 188 days
Homes with a Pool 349 $447,983 190 days
Reduced Price Homes 54 $260,403 88 days
Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2019 Triangle MLS, Inc. of North Carolina. All rights reserved. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.” Listings were last updated January 18, 2019
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