Land Real Estate for Rent in Durham NC
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Frequently Asked Questions
How is the for sale real estate market for homes in Durham NC?
- In March of 2024, prices for Durham, North Carolina homes for sale were up 91.2% compared to the previous year. The median sale price was $127,500; on average, they sold within 112 days compared to 140 days on market the previous year. There were 8 homes for sale in March 2024, a decrease from 23 during the same month in the previous year.
How many homes are for sale in Durham NC?
- There are 68 homes in Durham, North Carolina for sale. Last month, there were 14 listings, and 4 a year prior in March 2023. The newest listing for sale has .63 acres for $50,000 at 1101 Drew Street.
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 $127,500 in March 2024, which is higher than a month previous at $120,000. The median sale price rose 91.2% compared to the $66,667 median sale price a year ago in March 2023.
What is the average price per square foot for homes in Durham NC?
- $155,595.13 is the average price per square foot for homes Durham, North Carolina. This is an increase compared to the $114,258.03 average price per square foot last month, March 2024. Currently, a 0 SQFT unimproved at 1320 Torredge Road in Durham, North Carolina has the lowest price per square foot at $26,166.59, while a 0 SQFT unimproved at 5624 Barbee Road in Durham, North Carolina has the highest at $625,000.
What is the median list price for homes for sale in Durham NC?
- $239,000 is the median list price for homes for sale in Durham, North Carolina. This is an increase compared to the $127,500 median sale price last month, March 2024, and an increase compared to the $66,667 median sale price a year prior in March 2023.
What is the average days on market for homes for sale in Durham NC?
- 112 days on market is the March 2024 average for homes for sale in Durham, North Carolina. This represents an increase from the previous month's average of 57 days on market, and a decrease from the same month the year prior of 140 days on market average. Most recently, a .63 acres unimproved at 1101 Drew Street in Durham, North Carolina has been on the market for 1 day, while 5601 Guess Road in Durham, North Carolina with 6.3853 acres has been on the market for 3,559 days.
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