Commercial Real Estate in Durham NC for Rent

Frequently Asked Questions

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

In October of 2024, prices for Durham, North Carolina homes for sale were down 28.1% compared to the previous year. The median sale price was $460,000; on average, they sold within 43 days compared to 185 days on market the previous year. There were 3 homes for sale in October 2024, a decrease from 3 during the same month in the previous year.

How many homes are for sale in Durham NC?

There are 29 homes in Durham, North Carolina for sale. Last month, there were 15 listings, and 4 a year prior in October 2023. The newest listing for sale has 2+ bedrooms, 2+ bathrooms, 915 SQFT, .16 acres, and pet friendly for $325,000 at 105 & 107 Bennett Court.

Are prices rising or falling for homes in Durham NC?

Compared to the previous month, prices are rising for homes in Durham, North Carolina. The median sale price was $460,000 in October 2024, which is higher than a month previous at $425,000. The median sale price fell 28.1% compared to the $640,000 median sale price a year ago in October 2023.

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

$5,798.86 is the average price per square foot for homes Durham, North Carolina. This is an increase compared to the $213.27 average price per square foot last month, October 2024, and an increase compared to the $157 average a year prior in October 2023. Currently, a 1,650 SQFT retail at 1028 Holloway St Street in Durham, North Carolina has the lowest price per square foot at $0.01, while a 3 SQFT unimproved_land at 3415 Industrial Drive in Durham, North Carolina has the highest at $122,950.82.

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

$475,000 is the median list price for homes for sale in Durham, North Carolina. This is an increase compared to the $460,000 median sale price last month, October 2024, and a decrease compared to the $640,000 median sale price a year prior in October 2023.

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

43 days on market is the October 2024 average for homes for sale in Durham, North Carolina. This represents a decrease from the previous month's average of 103 days on market, and a decrease from the same month the year prior of 185 days on market average. Most recently, a 1,500 SQFT, 1.05 acres, and pet friendly industrial at 1617 Camden Avenue in Durham, North Carolina has been on the market for 1 day, while 601 Fayetteville Street in Durham, North Carolina with 1.8 acres and pet friendly has been on the market for 986 days.