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Kelly DeBrosse
919-805-0069

Durham Market Report

$383,268

AVERAGE PRICE OF 1,440 HOMES

$220,123

AVERAGE PRICE OF 13 DISTRESSED HOMES

$1,636,772

AVERAGE PRICE OF 50 MULTI-MILLION DOLLAR HOMES

$416,142

AVERAGE PRICE OF 671 NEWLY BUILT HOMES

$435,690

AVERAGE PRICE OF 416 HOMES WITH A POOL

$333,768

AVERAGE PRICE OF 36 REDUCED PRICE HOMES

Average Home

Average Price $383,268
Avg Bedrooms 3.18 beds
Avg Bathrooms 2.87 baths

Average Price by Bedrooms

1 bedroom $303,019
2 bedrooms $370,192
3 bedrooms $322,469
4 bedrooms $410,175
5 bedrooms $692,763
Durham Home Price Trends
  2/2019 1/2019 12/2018 11/2018 10/2018
Total Listings 1,303 1,244 1,275 1,414 1,421
Average Price $372,765 $371,875 $374,157 $368,440 $366,353
Avg Price Change +0.24% -0.61% +1.55% +0.57% +1.43%
Median Price $300,018 $299,829 $300,388 $295,950 $296,037
Med Price Change +0.06% -0.19% +1.50% -0.03% +0.83%
Avg Bedrooms 3.14 beds 3.14 beds 3.14 beds 3.17 beds 3.21 beds
Avg Bathrooms 2.86 baths 2.85 baths 2.86 baths 2.86 baths 2.86 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Durham - Hillside 309 $273,578 88 days
Durham - Jordan 378 $468,785 114 days
Durham - Northern 197 $304,280 167 days
Durham - Riverside 225 $490,539 159 days
Durham - Southern 256 $300,906 78 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,440 $383,268 115 days
Distressed Homes 13 $220,123 86 days
Multi-Million Dollar Homes 50 $1,636,772 345 days
Newly Built Homes 671 $416,142 177 days
Homes with a Pool 416 $435,690 145 days
Reduced Price Homes 36 $333,768 54 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 March 24, 2019
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