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Durham Market Report

$619,237

AVERAGE PRICE OF 1,295 HOMES

$343,500

AVERAGE PRICE OF 2 DISTRESSED HOMES

$2,212,736

AVERAGE PRICE OF 126 MULTI-MILLION DOLLAR HOMES

$747,662

AVERAGE PRICE OF 460 NEWLY BUILT HOMES

$1,095,083

AVERAGE PRICE OF 183 HOMES WITH A POOL

$437,856

AVERAGE PRICE OF 82 REDUCED PRICE HOMES

Average Home

Average Price $619,237
Avg Bedrooms 2.87 beds
Avg Bathrooms 2.4 baths

Average Price by Bedrooms

1 bedroom $522,740
2 bedrooms $693,959
3 bedrooms $395,670
4 bedrooms $635,682
5 bedrooms $1,125,939
Durham Home Price Trends
  11/2022 10/2022 9/2022 8/2022 7/2022
Total Listings 1,384 1,473 1,521 1,532 1,511
Average Price $621,527 $612,396 $596,951 $587,855 $572,965
Avg Price Change +1.49% +2.59% +1.55% +2.60% n/a
Median Price $431,755 $436,920 $435,625 $434,803 $434,649
Med Price Change -1.20% +0.30% +0.19% +0.04% n/a
Avg Bedrooms 2.89 beds 2.9 beds 2.95 beds 3.01 beds 2.89 beds
Avg Bathrooms 2.7 baths 2.73 baths 2.66 baths 2.56 baths 2.25 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Hillside 295 $398,532 79 days
Jordan 219 $618,733 74 days
Northern 166 $479,754 82 days
Riverside 241 $876,526 96 days
Southern 287 $427,012 40 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,295 $619,237 65 days
Distressed Homes 2 $343,500 84 days
Multi-Million Dollar Homes 126 $2,212,736 119 days
Newly Built Homes 460 $747,662 106 days
Homes with a Pool 183 $1,095,083 92 days
Reduced Price Homes 82 $437,856 62 days
Triangle Experts
Sharon Evans
100 Lynn Rd
Raleigh, NC 27609
919-271-3399

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