Commercial Real Estate in Durham NC for Sale and Rent

Frequently Asked Questions

How is the for sale real estate market for homes in Durham NC?

In May of 2023, prices for Durham, North Carolina homes for sale were up 19.9% compared to the previous year. The median sale price was $347,650; on average, they sold within 51 days compared to 23 days on market the previous year. There were 14 homes for sale in May 2023, an increase from 7 during the same month in the previous year.

How many homes are for sale in Durham NC?

There are 34 homes in Durham, North Carolina for sale. Last month, there were 14 listings, and 4 a year prior in May 2022. The newest listing for sale has 1.72 acres for $513,000 at 3624 Shannon Road 103.

Are prices rising or falling for homes in Durham NC?

Compared to the previous month, prices are falling for homes in Durham, North Carolina. The median sale price was $347,650 in May 2023, which is lower than a month previous at $410,000. The median sale price rose 19.9% compared to the $290,000 median sale price a year ago in May 2022.

What is the average price per square foot for homes in Durham NC?

$339.13 is the average price per square foot for a Durham, North Carolina homes. Currently, a 0 SQFT other at 502 Rigsbee Avenue 203 in Durham, North Carolina has the lowest price per square foot at $0.25, while a 0 SQFT other at 5210 Garrett Road in Durham, North Carolina has the highest at $1,097.56.

What is the median list price for homes for sale in Durham NC?

$586,900 is the median list price for homes for sale in Durham, North Carolina. This is an increase compared to the $347,650 median sale price last month, May 2023, and an increase compared to the $290,000 median sale price a year prior in May 2022.

What is the average days on market for homes for sale in Durham NC?

51 days on market is the May 2023 average for homes for sale in Durham, North Carolina. This represents an increase from the previous month's average of 17 days on market, and an increase from the same month the year prior of 23 days on market average. Most recently, a 1.72 acres office at 3624 Shannon Road 103 in Durham, North Carolina has been on the market for 11 days, while 4400 Ben Franklin Boulevard in Durham, North Carolina with 2.1 acres has been on the market for 581 days.